Welcome to our Growth Smart Option review in which we investigate the website currently found at growthsmartoption.com.
Recently we heard from a person who followed an investment opportunity referred by an Instagram account and trusted it after checking with others. They invested $1,000 and were asked for more fees associated with it, including $3,050 for reinvestment and $6,750 for withdrawal.
They couldn’t afford the fees but trusted the person who asked for them and borrowed money. They were also asked for a tax fee from the IRS of $1,970, which they couldn’t afford. They eventually lost their savings of $8,722 and asked for their money back, but the person refused.
Here’s the full story:
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This person, who goes by the name Julia Badun_hfx on Instagram, was “referred” to me by another account I follow. I checked with other people and they confirmed it was real, so I trusted it without fully understanding the situation at the time.
It started with an investment of $1,000, and then there were more fees associated with the initial investment. Later, she asked me for $3,050 for reinvestment of the $1,000 because of mining or something. Somehow, I trusted this person and gathered that amount by pulling from my savings and loans.
The wild thing is that there’s even a website (growthsmartoption.com) where I can see where all the money was going, so I was convinced that it was a real thing. Next, she asked me to send $6,750 because it was the withdrawal fee from the bank to be able to withdraw the profit amount.
“I don’t have that kind of money,” I told her, and she said, “If you can come up with $3,000, I can help you take out up to $20,000, and you can pay the rest from there.” I asked her if I had her word on it and found a way to come up with that amount.
During a three-week period, there were more new fees, including a tax fee from the IRS of $1,970. Again, I couldn’t get this kind of money, and I told her so. She came back with “If you can come up with $1,000, I can put in the rest, and you pay me back.”
Like a dummy, I took her word because I don’t know much about crypto. I thought it was all good, but unfortunately, it wasn’t, and I was left with a headache and my savings of $8,722 gone. I asked her for my money back, but she refused to do so, saying it was impossible. Please help me make it possible.
So is GrowthSmartOption.com a SCAM?
The domain was registered through NameCheap on October 12, 2022 for one year.
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Based on their Homepage and About page, GrowthSmartOption is a financial company offering investment activities related to trading on financial markets and cryptocurrency exchanges. They provide tools and information to buy, sell, trade, invest, and spend cryptocurrencies.
They offer a dedicated server, essential-SSL security encryption, and 24/7 customer support by firstname.lastname@example.org or a live chat widget.
The company promotes Bitcoin as an innovative payment network and a new kind of money.
They have a product manager named Katy Abrams, a “Ceo Bitcoin” named Aaron Ballance, and Jackson Nash is the Head of Design. However, the images look like stock photos and no LinkedIn profiles are provided.
So we get practically no information about the company. No registered address, telephone, etc.
And this is a very new website, which gets almost no traffic.
There are also no mentions of GrowthSmart Option online whether positive or negative.
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Bottom Line: Is Growth Smart Option a Scam?
Based on the story we shared, it appears that Growth Smart Option is a scam.
The lack of information about the company, the request for additional fees, and the promise of high returns are all warning signs of a fraudulent investment scheme.
It’s important to thoroughly research any investment opportunity and be cautious of promises of guaranteed returns or requests for additional fees.
If you have been scammed by Growth SmartOption, please let us know by commenting below.
If you have lost a significant amount of money to online scams, such as the GrowthSmartOption scam, do not lose hope. We can help you recover your funds!