Fake Investment: How to Avoid and Recover from Fraudulent Schemes
Keywords covered: Fake investment scam, investment fraud recovery, how to detect fake investment, crypto scam recovery, fake investment warning signs, how to recover scammed money, BitReclaim crypto recovery, how to recover from investment fraud, legitimate crypto recovery services, fake investment recovery email
Fake Investment: How to Detect, Avoid, and Recover from Fraudulent Schemes
🚨 The Rise of Fake Investment Scams
In the age of online wealth, fake investment schemes have become one of the fastest-growing types of financial fraud. From “guaranteed returns” on cryptocurrency to fake real estate tokenization projects, thousands of victims across the globe are searching every day:
How do I know if an investment is fake?
Can I recover from an investment scam?
Who can help me get my scammed money back?
These are real questions — with real consequences. According to Chainalysis and the Federal Trade Commission, investment scams were the most reported fraud category globally in 2024, with losses exceeding $7.4 billion.
💡 What Is a Fake Investment Scam?
Fake investment scams promise high returns with little to no risk. They often use social proof, fake dashboards, phishing tactics, and psychological manipulation to make victims believe their money is “growing,” when in fact, it’s already been stolen.
Popular Forms of Fake Investment Schemes Include:
Crypto Doubling Platforms “Send 1 ETH, receive 2 ETH in 24 hours.”
Ponzi Schemes and MLMs (Multi-Level Marketing) You’re paid from new recruits — not actual investments.
Fake Trading Bots Sophisticated UI, but the trades are fabricated.
BitReclaim uses on-chain forensics, smart contract analysis, and jurisdictional leverage to track stolen funds — even if they’ve passed through mixers, bridges, or OTC desks.
Recovery Workflow:
🔍 Transaction tracing Mapping the flow through blockchain hops and mixer layers
🧠 Behavioral and interface forensics Detecting dark UX patterns and phishing logic
🧾 Exchange collaboration Emergency freeze orders issued through global compliance teams
🔐 Wallet detachment Recovered funds transferred to your cold storage (e.g., Ledger, Trezor)
Their team includes Harvard and MIT graduates, former S&P 500 auditors, and Chainalysis-certified engineers.
✋ How to Avoid Future Investment Scams
If you’re Googling:
Best platform to hire a crypto recovery expert Reddit
Can I hire a crypto advisor?
Who can help me recover my bitcoin?
Are crypto recovery services legit?
Then here’s your blueprint:
📌 Golden Rules:
Always verify regulatory status (ASIC, SEC, FCA)
Never invest based on Telegram, WhatsApp, or Instagram DMs
Use cold wallets and enable 2FA for everything
Don’t share your seed phrase, even with “support staff”
Verify domain URLs — fake dashboards mimic real ones
With over $42 million in stolen funds recovered, BitReclaim is the go-to platform for anyone hit by a fake investment scam, wallet hack, or exchange fraud.
I’ve invested in dozens of DeFi platforms and ran multisig wallets, but nothing prepared me for a targeted SIM swap attack. Bitreclaim recovered 2.8 BTC after I sent them transaction logs and wallet info. Victims: email bitreclaims@protonmail.com with all relevant data. They’re legit.
We have been scammed on some
Investment since January 16 a total cumulative investment of 19.7 btc. We have all the wallets and addresses in excel. We didn’t know until we opened a case with the specialists at bitreclaim, then did we know what had transpired. We are glad to have just detached the first part of 12 btc from our ledger nano into our Binance
As a crypto investor since 2016, I thought I’d seen it all until a SIM swap drained $300K from my Coinbase account. Bitreclaim traced the funds to leveraged wallets and recovered 2.8 BTC into my Trust Wallet. If you’re a victim, contact and start a case with their customer support and send wallet addresses, transaction hashes, and proof of the fraud. Don’t delay.
Investors are often lured into mining pool scams through various deceptive tactics, exploiting their desire to earn profits in the cryptocurrency space. One example of a popular platform that scammers may misuse is Coinbase, a well-known cryptocurrency exchange and wallet provider. However, it’s important to note that Coinbase itself is not involved in scams, but scammers may use its name or misrepresent its services to deceive potential victims. Let’s explore how investors can be enticed into mining pool scams using the example of Coinbase dApp.
Engage with Recovery Services: Recovery services specializing in assisting victims of cryptocurrency scams can be valuable allies in the recovery process. These services employ experts in cryptocurrency investigations and have experience dealing with various types of scams, including mining pool scams. Choose a reputable recovery service based on thorough research and due diligence.
Ethereum/USDT mining pool scam, typically via Coinbase Wallet
A SIM swap attack left me with $300K stolen from my Coinbase account. cyberh4cks cybersecurity team traced the theft to a foreign laundering ring and worked with exchanges to flag the stolen coins. They recovered 75% of my funds and helped me implement airtight security measures. Their rapid response minimized the damage,I’m beyond impressed!, you can reach out to them on their support email h4ck@cyberh4cks.com
Even with 8+ years in blockchain, I couldn’t undo what a sophisticated SIM swap had done, until Bitreclaim recovered 12.8 BTC for me. Their audit capabilities are top-tier. Victims: email support@bitreclaim.com with every wallet, tx hash, and document you have. Time matters.
The 214 BTC Sovereign Wealth Recovery
Entity: Middle Eastern Sovereign Fund Loss Vector: Fake “institutional partnership” program Operation:
* Day 0: Legal team engaged BitReclaim via support@bitreclaim.com
* Day 1:
* 89.7 BTC frozen at Dubai exchange (court order)
* 124.3 BTC traced to ACG’s “reserve” cold wallet
* Day 4: Full 214 BTC ($9.63M) recovered via:
* Smart contract exploit (unchecked send() function)
* Chainalysis Reactor cluster mapping
* Day 5: Assets moved to airgapped Blockstream Jade Compliance Note: Recovery required cooperation from 3 national FIUs.
Fake Celebrity Endorsement Investment Scam
I saw a promoted post claiming Elon Musk was backing a new crypto project with instant doubling of USDT deposits. The site looked polished and even had fake news clips.
Skeptical but greedy, I tested it with $5,000. It “worked”—I saw my balance doubled and thought it was real. Over the next week, I deposited over $211,000 before realizing it was a blackhole.
BitReclaim was my turning point. I sent all details—wallet addresses, screenshots, and transaction hashes—to support@bitreclaim.com. Their forensic team reverse-engineered the fake site’s backend and traced my crypto through a web of laundering wallets.
So far, 3.6 BTC is back under my control. You can reach their team via Telegram: @bitreclaimer or +1 310-620-3039.
So the past 6 months i’ve been talking to 2 guys, The “Coin Dealer” and the guy that reached out me me originally which when I receive my profits i’ll be sending 60% to him and keeping 40%, They’ve guided me through creating a “coinstats” account and also a “metamask” account and lastly a “Chweu” account. In coinstats my portfolio is $11,900 currently and my Metamask Wallet has 22,000 but it says 0.00 and under it is says $-22,000 (-100.00%) in red. Now last but not least the Chweu account has around 32,000, i’ve received 0.27btc from a promo code the coin dealer gave me. but I haven’t been able to do anything with it, the coin dealer has been telling me that I have to pay “security charges” and “clearance fees” and what not for the past 6 months, he’s been saying that i’m 99% there and that this will be the last fee but then comes another one and he acts like it’s a small bump that came up. now the most recent email I got is from “Crypto Company” and it’s along the lines of my profit has increased and has ready been approved and is on the way to me however their is a minor technical hold up during the “disbursement process” and to fix this the system is requesting a temporary processing fee of $200 and this will be refunded in my profits afterwards and clear the delay and release the funds. this is just a idea of the type of emails i’ve been receiving from “Crypto Company”. So is this part of the crypto process? because i understand this is a lot of money I can be receiving and it’s not gonna be an easy road.
Fell for a crypto scam and lost all my savings ($240k) – what to do?
I was recently scammed for all my savings (about $240,000) by someone I thought was my best friend.
I first got into contact with this person when she randomly texted my number, asking me if I was a worker from her local animal shelter, since she wanted to adopt a dog. I told her that she must have the wrong number since I live in a different state, but since I also happen to volunteer at a small animal shelter (and so does my mom) I gave her some good advice about what she could do. We kept chatting very happily after that and seemed to hit it off.
We kept talking for many hours every day about many things, and one of the things she was very excited about was some new crypto currency that she thought will be the next bitcoin. I had always been thinking about investing in crypto, but knew very little about it and told her I wasn’t interested, but she didn’t seem to mind at all and we just kept talking about other things.
As time went on she showed me screenshots of her currency and how much it was rising, so I asked her to help me just learn and start investing in the standard crypto currencies. She helped me with every step for many hours, and eventually I invested ~10k in the standard currencies like ADA, ETH, etc.
Eventually I saw how much money she was making on her currency, and asked her to help me invest in it too. Again she spent many hours teaching me, basically the way it works is you make an account on her currency’s website, and send some standard currencies (BTC/ETC/USDT) to your account there, and charge/exchange the standard currency for her currency.
I started with investing just $5k, and over time I trusted her more I invested more, eventually up to about $70k. Everything seemed to go very well and (it seemed like) I made a ton of money. Per her recommendation, we would hold the currency until it was about to go public and then take our profits. We talked about how we would have a lot of money and also be able to help many people and animals with that money.
Then she let me know of another currency she thought would be very successful, but this time she was only able to get one code (needed to unlock an account). She said that since she trusted me so much, I could be the one to open the account and have sole access to it, and she would send me BTC/ETH to my address when she wanted to invest in it.
So that is what we did, and her second currency worked basically like the first one (with how you exchange BTC/ETH on the website for this new currency). I invested about $70k into this currency over several weeks, she sent me probably around $400k in BTC/ETH which I then exchanged for this currency as well. She really gained my trust by trusting me to handle hundreds of thousands of dollars worth of her money, so I thought surely she couldn’t be scamming me either.
Eventually, the first currency we invested in announced that it would go public soon, so we prepared to cash in our profits. This was around 3 months after initially talking to her, and we had been talking for hours every day like best friends. But there was a problem, it seemed that we needed to “unlock” the currency first before cashing it in, by having $100k in USDT/ETH/BTC in our account.
She unlocked hers first and even sent me a screenshot with her millions of dollars worth of USDT. It took me about a week longer to move my funds from coinbase into the new currency’s website. When I finally moved my funds into the new currency’s account, it wouldn’t let me unlock it, and she told me the website had changed the rules and I needed to put in a lot more money now. I did not have more money though, and I told her that, and I tried to withdraw some of my $100,000 USDT out of this website, but it did not let me.
A few days later, both of the websites I used to buy those currencies went offline. My “best friend” said she would see what was going on and help me recover my money. I never heard from her again. Today is exactly 1 month from when the websites shut down and from when she was last online.
I am no crypto expert, but today I believe I was finally able to at least track my 100k USDT from that account. I saw it was indeed sent away to some random address shortly after the website went offline, so of course I now know for sure that I have been scammed.
TLDR: I got scammed for basically all my money (70k + 70k + 100k = $240k) and I guess there is nothing I can do about it.
I know reading my story it seems that I was very stupid and guillable, but I am just feeling lost now and I don’t know what to do. Does anyone have any advice for me? Anything would help.
I know that there is something about deducting capital losses from my taxes, but I am not sure how that works. Do I need to save some documentation or something to provide evidence to the IRS?
Also more than half of the money I used to finance the total $240k is from selling stocks during this time, so some of that I still need to pay capital gains taxes on. Is there a possibility that I will actually owe more money to the government than I have, and get in trouble?
The process of getting scammed by a fake broker is not difficult. Here are a few things to remember before you get scammed by a broker:
If you are looking to invest in an apartment, do your research on the broker and try to find some reviews about them.
Don’t let the broker talk you into investing in a property that is not “right for you.” What’s right for one person could be wrong for another.
The agent should bring up the mortgage terms with you before showing properties. If they do not, it’s best to walk away from this particular brokerage firm.
Always have an attorney review any contracts before signing them
I lost my bitcoins to the scammers with the help of a certified expert bitreclaim after i opened a case with their 24/7 customer support and he will guide you on effective steps to take and get back all your funds ..
need help with recovery – I never believed that someone could get scammed online, my husband and I almost lost all our live savings investing with an unregulated investment company total sum of £89000 when our investment account was being manipulated and countless number of deposit request, thank God for smart contract experts with bitreclaim who helped us recover our funds in just five working days plus charges for damages with the firm think I will start a small business of being scammed because it’s more profitable, Got two times what I lost thank you so much to the smart contract audit team their anyone with similar account manipulation issues or any form of investment scam and the firm will gladly and eventually help you out
If crypto is said as lost it may be difficult or not able to recover. Moreover, if it is lost because of sending to a wrong wallet address, hacked, scammed, and also losing private keys or passwords or anything information need to access the wallet.
However, if it happens in an exchange, it may not be a lost asset if it is still in an exchange.
You need to ensure that you have really convincing proof of your issues and contact the exchange support. But it may be not easy
I will not recommend LBLV
The broker told me that the their difference with other platform is there are brokers assisting you to make a trade. As a newbie in trading, I find that helpful. Inspite of the negative reviews I read about them, I gave them the benefit of the doubt and continued to trade with them. At first I made profits, so it’s not hard to deposit more. But when I stopped depositing money and entered in a contract where I will not be able to pull out my money until 6 months, and until I finish 6000lots of trade, they stopped calling me. I didn’t get daily signals and no gap events as mentioned in the contract, even when I have enough margin at the early stage of the contract. The broker also led me to risky trades where we use large lot sizes and the trade went opposite direction. The deficit grew bigger and they won’t help me to fix it until my margin almost got wiped out. They suggest to deposit more to save my account. When i cant deposit more, they transfer me to another broker. I had 6 brokers in 4 months without my consent, all asking for fresh money, but not patiently helping me grow my initial investment. When you ask the broker why you are not calling me, he says I am not even a VIP member for them to call me all the time. I am not even asking all time assistance but just the assistance i need to trade and profit little by little to slowly grow my account. So all those promises they give me at start are just to entice me to invest with them. Once i was in and then stop investing more money they left me alone to trade by myself. One broker even said just look up in the internet the trade signals. They can assist you but when the advice they gave goes wrong you will still bear the consequences. So there is a very big chance you will loose your money. I can only suggest, find a better regulated broker and don’t invest what you cannot afford to loose.
starlight.io is an Absolute scammers. Went from having over $400k in my account, investing in different portfolios and then suddenly overnight all the investments went bad. If I had my money invested only in 1 investment I could understand. I would give 0 stars if possible. Once money was gone they kept ringing and saying to put more money in. Do not use starlight and make sure to detail everything and send and send to the smart contract audit because you will need it .
Fake Compliance Department – London, UK
A scammer posing as a Kraken compliance officer contacted me, claiming my account was under review for “AML violations.” They demanded I send £42,000 GBP to a “clearing wallet” to unfreeze my balance.
I complied, only to realize I had been duped. My funds and access were gone.
BitReclaim’s forensic experts stepped in, tracking the stolen crypto across ERC20 wallets and into a Turkish exchange. They provided a blockchain trace report, which was later submitted in a law enforcement complaint. £28,000 GBP has been frozen and is pending release.
These fake compliance scams are becoming common. Go straight to BitReclaim.com, open a case, and use their 24/7 support. Don’t trust anyone who emails demanding “clearance payments.”
Im pretty sure I got roped into a crypto scam. Was messaged over a facebook group that I was looking for remote jobs in (after some hindsight I know that thats not a good place to look). They explained that I need to deposit crypto into an account like an investment and that I would be able to make the money back. Was even in a seemingly innocent group chat where people were sharing pics of their everyday lives but also screenshots of money deposited from their crypto accounts. After one deposit I was skeptical when they asked for another right away but now they are asking for a third. And now Im pissed cuz Im pretty certain Im not gonna get my money back and I shoulda known better.
Family Savings in Melbourne (USDT Drain)
My wife and I had saved Aud$412,000 in USDT, hoping to buy a house. Then I fell into an “investment platform” called Starlight Capital Plus. They blocked withdrawals and kept asking for “tax clearances” before I could access my funds.
BitReclaim.com stepped in, requesting only my transaction hashes and wallet addresses (never my keys). Within a week, they traced the funds to offshore wallets and froze them. We recovered 96% of our savings.
Without them, our dream of home ownership would have died.
Trust Wallet Phishing – New York, USA
I received a message about “Trust Wallet KYC verification.” I entered my details, and hours later, $88,000 in BTC was gone.
BitReclaim traced the funds into a fraud cluster linked to multiple global scams. Within 17 days, $54,000 was recovered.
Trust Wallet phishing is rampant in 2025. If you’ve fallen victim, contact BitReclaim.com immediately. File a case by email or connect with their 24/7 customer support.
21 Responses
I’ve invested in dozens of DeFi platforms and ran multisig wallets, but nothing prepared me for a targeted SIM swap attack. Bitreclaim recovered 2.8 BTC after I sent them transaction logs and wallet info. Victims: email bitreclaims@protonmail.com with all relevant data. They’re legit.
We have been scammed on some
Investment since January 16 a total cumulative investment of 19.7 btc. We have all the wallets and addresses in excel. We didn’t know until we opened a case with the specialists at bitreclaim, then did we know what had transpired. We are glad to have just detached the first part of 12 btc from our ledger nano into our Binance
As a crypto investor since 2016, I thought I’d seen it all until a SIM swap drained $300K from my Coinbase account. Bitreclaim traced the funds to leveraged wallets and recovered 2.8 BTC into my Trust Wallet. If you’re a victim, contact and start a case with their customer support and send wallet addresses, transaction hashes, and proof of the fraud. Don’t delay.
Investors are often lured into mining pool scams through various deceptive tactics, exploiting their desire to earn profits in the cryptocurrency space. One example of a popular platform that scammers may misuse is Coinbase, a well-known cryptocurrency exchange and wallet provider. However, it’s important to note that Coinbase itself is not involved in scams, but scammers may use its name or misrepresent its services to deceive potential victims. Let’s explore how investors can be enticed into mining pool scams using the example of Coinbase dApp.
Engage with Recovery Services: Recovery services specializing in assisting victims of cryptocurrency scams can be valuable allies in the recovery process. These services employ experts in cryptocurrency investigations and have experience dealing with various types of scams, including mining pool scams. Choose a reputable recovery service based on thorough research and due diligence.
Ethereum/USDT mining pool scam, typically via Coinbase Wallet
A SIM swap attack left me with $300K stolen from my Coinbase account. cyberh4cks cybersecurity team traced the theft to a foreign laundering ring and worked with exchanges to flag the stolen coins. They recovered 75% of my funds and helped me implement airtight security measures. Their rapid response minimized the damage,I’m beyond impressed!, you can reach out to them on their support email h4ck@cyberh4cks.com
Even with 8+ years in blockchain, I couldn’t undo what a sophisticated SIM swap had done, until Bitreclaim recovered 12.8 BTC for me. Their audit capabilities are top-tier. Victims: email support@bitreclaim.com with every wallet, tx hash, and document you have. Time matters.
The 214 BTC Sovereign Wealth Recovery
Entity: Middle Eastern Sovereign Fund Loss Vector: Fake “institutional partnership” program Operation:
* Day 0: Legal team engaged BitReclaim via support@bitreclaim.com
* Day 1:
* 89.7 BTC frozen at Dubai exchange (court order)
* 124.3 BTC traced to ACG’s “reserve” cold wallet
* Day 4: Full 214 BTC ($9.63M) recovered via:
* Smart contract exploit (unchecked send() function)
* Chainalysis Reactor cluster mapping
* Day 5: Assets moved to airgapped Blockstream Jade Compliance Note: Recovery required cooperation from 3 national FIUs.
Fake Celebrity Endorsement Investment Scam
I saw a promoted post claiming Elon Musk was backing a new crypto project with instant doubling of USDT deposits. The site looked polished and even had fake news clips.
Skeptical but greedy, I tested it with $5,000. It “worked”—I saw my balance doubled and thought it was real. Over the next week, I deposited over $211,000 before realizing it was a blackhole.
BitReclaim was my turning point. I sent all details—wallet addresses, screenshots, and transaction hashes—to support@bitreclaim.com. Their forensic team reverse-engineered the fake site’s backend and traced my crypto through a web of laundering wallets.
So far, 3.6 BTC is back under my control. You can reach their team via Telegram: @bitreclaimer or +1 310-620-3039.
So the past 6 months i’ve been talking to 2 guys, The “Coin Dealer” and the guy that reached out me me originally which when I receive my profits i’ll be sending 60% to him and keeping 40%, They’ve guided me through creating a “coinstats” account and also a “metamask” account and lastly a “Chweu” account. In coinstats my portfolio is $11,900 currently and my Metamask Wallet has 22,000 but it says 0.00 and under it is says $-22,000 (-100.00%) in red. Now last but not least the Chweu account has around 32,000, i’ve received 0.27btc from a promo code the coin dealer gave me. but I haven’t been able to do anything with it, the coin dealer has been telling me that I have to pay “security charges” and “clearance fees” and what not for the past 6 months, he’s been saying that i’m 99% there and that this will be the last fee but then comes another one and he acts like it’s a small bump that came up. now the most recent email I got is from “Crypto Company” and it’s along the lines of my profit has increased and has ready been approved and is on the way to me however their is a minor technical hold up during the “disbursement process” and to fix this the system is requesting a temporary processing fee of $200 and this will be refunded in my profits afterwards and clear the delay and release the funds. this is just a idea of the type of emails i’ve been receiving from “Crypto Company”. So is this part of the crypto process? because i understand this is a lot of money I can be receiving and it’s not gonna be an easy road.
Fell for a crypto scam and lost all my savings ($240k) – what to do?
I was recently scammed for all my savings (about $240,000) by someone I thought was my best friend.
I first got into contact with this person when she randomly texted my number, asking me if I was a worker from her local animal shelter, since she wanted to adopt a dog. I told her that she must have the wrong number since I live in a different state, but since I also happen to volunteer at a small animal shelter (and so does my mom) I gave her some good advice about what she could do. We kept chatting very happily after that and seemed to hit it off.
We kept talking for many hours every day about many things, and one of the things she was very excited about was some new crypto currency that she thought will be the next bitcoin. I had always been thinking about investing in crypto, but knew very little about it and told her I wasn’t interested, but she didn’t seem to mind at all and we just kept talking about other things.
As time went on she showed me screenshots of her currency and how much it was rising, so I asked her to help me just learn and start investing in the standard crypto currencies. She helped me with every step for many hours, and eventually I invested ~10k in the standard currencies like ADA, ETH, etc.
Eventually I saw how much money she was making on her currency, and asked her to help me invest in it too. Again she spent many hours teaching me, basically the way it works is you make an account on her currency’s website, and send some standard currencies (BTC/ETC/USDT) to your account there, and charge/exchange the standard currency for her currency.
I started with investing just $5k, and over time I trusted her more I invested more, eventually up to about $70k. Everything seemed to go very well and (it seemed like) I made a ton of money. Per her recommendation, we would hold the currency until it was about to go public and then take our profits. We talked about how we would have a lot of money and also be able to help many people and animals with that money.
Then she let me know of another currency she thought would be very successful, but this time she was only able to get one code (needed to unlock an account). She said that since she trusted me so much, I could be the one to open the account and have sole access to it, and she would send me BTC/ETH to my address when she wanted to invest in it.
So that is what we did, and her second currency worked basically like the first one (with how you exchange BTC/ETH on the website for this new currency). I invested about $70k into this currency over several weeks, she sent me probably around $400k in BTC/ETH which I then exchanged for this currency as well. She really gained my trust by trusting me to handle hundreds of thousands of dollars worth of her money, so I thought surely she couldn’t be scamming me either.
Eventually, the first currency we invested in announced that it would go public soon, so we prepared to cash in our profits. This was around 3 months after initially talking to her, and we had been talking for hours every day like best friends. But there was a problem, it seemed that we needed to “unlock” the currency first before cashing it in, by having $100k in USDT/ETH/BTC in our account.
She unlocked hers first and even sent me a screenshot with her millions of dollars worth of USDT. It took me about a week longer to move my funds from coinbase into the new currency’s website. When I finally moved my funds into the new currency’s account, it wouldn’t let me unlock it, and she told me the website had changed the rules and I needed to put in a lot more money now. I did not have more money though, and I told her that, and I tried to withdraw some of my $100,000 USDT out of this website, but it did not let me.
A few days later, both of the websites I used to buy those currencies went offline. My “best friend” said she would see what was going on and help me recover my money. I never heard from her again. Today is exactly 1 month from when the websites shut down and from when she was last online.
I am no crypto expert, but today I believe I was finally able to at least track my 100k USDT from that account. I saw it was indeed sent away to some random address shortly after the website went offline, so of course I now know for sure that I have been scammed.
TLDR: I got scammed for basically all my money (70k + 70k + 100k = $240k) and I guess there is nothing I can do about it.
I know reading my story it seems that I was very stupid and guillable, but I am just feeling lost now and I don’t know what to do. Does anyone have any advice for me? Anything would help.
I know that there is something about deducting capital losses from my taxes, but I am not sure how that works. Do I need to save some documentation or something to provide evidence to the IRS?
Also more than half of the money I used to finance the total $240k is from selling stocks during this time, so some of that I still need to pay capital gains taxes on. Is there a possibility that I will actually owe more money to the government than I have, and get in trouble?
Thanks for listening
The process of getting scammed by a fake broker is not difficult. Here are a few things to remember before you get scammed by a broker:
If you are looking to invest in an apartment, do your research on the broker and try to find some reviews about them.
Don’t let the broker talk you into investing in a property that is not “right for you.” What’s right for one person could be wrong for another.
The agent should bring up the mortgage terms with you before showing properties. If they do not, it’s best to walk away from this particular brokerage firm.
Always have an attorney review any contracts before signing them
I lost my bitcoins to the scammers with the help of a certified expert bitreclaim after i opened a case with their 24/7 customer support and he will guide you on effective steps to take and get back all your funds ..
need help with recovery – I never believed that someone could get scammed online, my husband and I almost lost all our live savings investing with an unregulated investment company total sum of £89000 when our investment account was being manipulated and countless number of deposit request, thank God for smart contract experts with bitreclaim who helped us recover our funds in just five working days plus charges for damages with the firm think I will start a small business of being scammed because it’s more profitable, Got two times what I lost thank you so much to the smart contract audit team their anyone with similar account manipulation issues or any form of investment scam and the firm will gladly and eventually help you out
Jmp capitals are scammers
Be aware people.
I was scammed for over $36000.00
I need help to get my money back.
If crypto is said as lost it may be difficult or not able to recover. Moreover, if it is lost because of sending to a wrong wallet address, hacked, scammed, and also losing private keys or passwords or anything information need to access the wallet.
However, if it happens in an exchange, it may not be a lost asset if it is still in an exchange.
You need to ensure that you have really convincing proof of your issues and contact the exchange support. But it may be not easy
I will not recommend LBLV
The broker told me that the their difference with other platform is there are brokers assisting you to make a trade. As a newbie in trading, I find that helpful. Inspite of the negative reviews I read about them, I gave them the benefit of the doubt and continued to trade with them. At first I made profits, so it’s not hard to deposit more. But when I stopped depositing money and entered in a contract where I will not be able to pull out my money until 6 months, and until I finish 6000lots of trade, they stopped calling me. I didn’t get daily signals and no gap events as mentioned in the contract, even when I have enough margin at the early stage of the contract. The broker also led me to risky trades where we use large lot sizes and the trade went opposite direction. The deficit grew bigger and they won’t help me to fix it until my margin almost got wiped out. They suggest to deposit more to save my account. When i cant deposit more, they transfer me to another broker. I had 6 brokers in 4 months without my consent, all asking for fresh money, but not patiently helping me grow my initial investment. When you ask the broker why you are not calling me, he says I am not even a VIP member for them to call me all the time. I am not even asking all time assistance but just the assistance i need to trade and profit little by little to slowly grow my account. So all those promises they give me at start are just to entice me to invest with them. Once i was in and then stop investing more money they left me alone to trade by myself. One broker even said just look up in the internet the trade signals. They can assist you but when the advice they gave goes wrong you will still bear the consequences. So there is a very big chance you will loose your money. I can only suggest, find a better regulated broker and don’t invest what you cannot afford to loose.
starlight.io is an Absolute scammers. Went from having over $400k in my account, investing in different portfolios and then suddenly overnight all the investments went bad. If I had my money invested only in 1 investment I could understand. I would give 0 stars if possible. Once money was gone they kept ringing and saying to put more money in. Do not use starlight and make sure to detail everything and send and send to the smart contract audit because you will need it .
they did the same with me. we lost 1.7 btc to them
Fake Compliance Department – London, UK
A scammer posing as a Kraken compliance officer contacted me, claiming my account was under review for “AML violations.” They demanded I send £42,000 GBP to a “clearing wallet” to unfreeze my balance.
I complied, only to realize I had been duped. My funds and access were gone.
BitReclaim’s forensic experts stepped in, tracking the stolen crypto across ERC20 wallets and into a Turkish exchange. They provided a blockchain trace report, which was later submitted in a law enforcement complaint. £28,000 GBP has been frozen and is pending release.
These fake compliance scams are becoming common. Go straight to BitReclaim.com, open a case, and use their 24/7 support. Don’t trust anyone who emails demanding “clearance payments.”
Who can I talk to? Please dm me if you can help
Im pretty sure I got roped into a crypto scam. Was messaged over a facebook group that I was looking for remote jobs in (after some hindsight I know that thats not a good place to look). They explained that I need to deposit crypto into an account like an investment and that I would be able to make the money back. Was even in a seemingly innocent group chat where people were sharing pics of their everyday lives but also screenshots of money deposited from their crypto accounts. After one deposit I was skeptical when they asked for another right away but now they are asking for a third. And now Im pissed cuz Im pretty certain Im not gonna get my money back and I shoulda known better.
Family Savings in Melbourne (USDT Drain)
My wife and I had saved Aud$412,000 in USDT, hoping to buy a house. Then I fell into an “investment platform” called Starlight Capital Plus. They blocked withdrawals and kept asking for “tax clearances” before I could access my funds.
BitReclaim.com stepped in, requesting only my transaction hashes and wallet addresses (never my keys). Within a week, they traced the funds to offshore wallets and froze them. We recovered 96% of our savings.
Without them, our dream of home ownership would have died.
Trust Wallet Phishing – New York, USA
I received a message about “Trust Wallet KYC verification.” I entered my details, and hours later, $88,000 in BTC was gone.
BitReclaim traced the funds into a fraud cluster linked to multiple global scams. Within 17 days, $54,000 was recovered.
Trust Wallet phishing is rampant in 2025. If you’ve fallen victim, contact BitReclaim.com immediately. File a case by email or connect with their 24/7 customer support.