I got scammed

Esther Maria (Querist) 12 May 2023 This query is : Resolved
I got caught up in the cryptocurrency craze because everywhere I went, be it on the internet, at work, at brunch with my friends, meetings with clients, everywhere, I would hear how it is the next big thing. I am a real estate agent and I landed on a huge deal (closed on a Beverly Hills property so yeah, it was huge) so I saw the best opportunity to finally invest in the crypto market. One of my friends had told me about a broker who offered great returns so I immediately asked for the contacts and ended up investing a whooping $120,000 at once. Yes, that was not smart but I did it anyway. A week later, my friend called me complaining how she was not able to withdraw and the broker was unresponsive. I called him but the number was off, texted him but never got any response till now. We reported the issue to the Police but there wasn't much they could do about it since we were not coerced into sending the money. It was when I shared with a workmate that I got a glimpse of hope of getting the broker and my money. My colleague told me his uncle's situation of how he lost his entire life savings to a similar scam but recouped them with the help of a technical private investigator. So I got their email (gearhead@ engineer. com) and explained every little detail to them including the transaction receipts. I thought this to be a long shot but did I have any other option? The P.l was patient and understanding and he actually encouraged me. Less than 24 hours later, he sent me the broker's actual name and his actual address. He however warned me of making any move until he was able to access his accounts. 3 days later, I got a notification from my wallet that I had received $110,000. I was so overwhelmed because I had gone through hell in what seemed like forever. Please be careful of these get rich quick schemes, they are not worthy at all. There are of course legit companies out there. Just watch out especially if the deal seems too good. As much as I got my money back, so many victims don't have a chance to. Be careful

Follow Query

Report Abuse

Quick Summary

A real estate agent, lured by the cryptocurrency hype, invested $120,000 with a broker recommended by a friend. When both the friend and the agent couldn't withdraw funds and the broker became unresponsive, they reported it to the police. A colleague suggested a private investigator, who, after receiving transaction details, managed to track down the broker and facilitate the recovery of $110,000. The agent warns others to be wary of 'get rich quick' schemes, especially those that seem too good to be true.

Sudhir Kumar, Advocate (Expert) 12 May 2023
what is the legal problem faced by you?

T. Kalaiselvan, Advocate (Expert) 12 May 2023
There is no question of law nor this is a legal issue hence can be ignored

kavksatyanarayana (Expert) 12 May 2023
This is not relevant here.

Sudhir Kumar, Advocate (Expert) 13 May 2023
this forum is not for such advertisement.

ashok kumar singh (Expert) 14 May 2023
agitate your grievances before the concerned Police Authority to investigate into.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Ask Query
Unanswered Queries