Recently, an Indian investor traded in the forex trading market after getting a phone call promising him huge returns. He blindly invested
money and lost Rs. 11.63 lakhs to the forex scammers.To get more news
about
WikiFX, you can visit wikifx official website.
According to the victim, the scammer called him and said he was from
Meta Traders, a platform for investing and trading forex currency by
mobile trading. The caller assured him that if he invested in forex
trading, he would get high returns. The victim trusted the caller and
agreed to send documents via WhatsApp as asked by the caller.The caller
then asked the victim to download an application, i.e., Meta Trader 5,
from the Google Play Store and to log in with the ID and password given.
The caller asked the victim to deposit Rs 50,000 in the given account
to start trading. He deposited Rs 49,999 as required via Immediate
Payment Service, an instant payment inter-bank digital funds transfer
system. After he deposited the money, the app showed him a profit of
$83.50 (approx. Rs 5,897), with Rs 4,600 transferred to the victims
account the next day.
Again, the victim was asked to deposit Rs 50,000, and he deposited Rs
49,999. After that, he got a call from the company informing him that
their senior official would call him soon. In the night, he got a call
from the senior official and was told that he could secure a return of
$25,000 (Rs 17.66 lakh) if he invested $15,000 (Rs 10.60 lakh). He was
convinced and deposited the asked amount in the next two days.
But, this time, the victim did not get the promised returns. Then, he
called the company to enquire, but only got empty promises. After some
time, the company stopped receiving calls and switched off their phones.
Soon, they deleted his account from WhatsApp.
Warm reminders:
Never trust any unknown callers even if their promises are attractive.
Before trading with any broker, you should do an online search to
review the broker first. An internet search can provide insights into
whether negative comments could just be from a disgruntled trader or
something more serious. A good supplement to this type of search is
WikiFX. You can search over 23,800 global forex brokers regulatory
information in its big database by typing the name of the broker.
Thirdly, if you are already scammed but dont know how to protect your
rights, you can submit your case on the WikiFX exposure section, a
professional team will contact you and do their great effort to help you
recover the lost fund.