We received a complaint about a cryptocurrency scam involving the website investdigitalfx.com/account/dashboard.php and a scammer named Grace Elizaveta from Washington, USA.
Investdigitalfx.com Scam – Case Study
The scam began on Facebook, where Grace convinced the victim to invest through Bitcoin ATMs using barcodes she provided.
The victim initially sent $500 worth of Bitcoin to a wallet address provided by Grace with the promise of quick profits.
This escalated quickly as Grace encouraged the victim to invest more, transferring $10,000 and $15,560 in Bitcoin to the same unknown wallet address.
The total amount lost was $26,000, and the scammer continued to demand an additional $30,000 under the guise of covering agent commissions.
The victim still holds the barcode used for these transactions, which can be provided for further investigation.
After the initial $500 investment, the victim was directed to log in to the scam website, which displayed a graph supposedly showing profits.
At first glance, the $500 had already grown to $700, making the victims believe they were on the verge of substantial returns.
This illusion of quick profit and the website’s professional appearance made it easier for Grace to convince the victim to upgrade to “VIP status” with the additional $10,000 investment.
The website then reflected an even more significant profit of $28,000, intensifying the pressure to invest more.
Grace continued manipulating the victim, insisting that to “unlock” the funds, the account had to be upgraded to a “classical level,” which required another $15,560.
Reluctantly, the victim complied, fearing the loss of their supposed $28,000 profit.
The scam didn’t end there; Grace then demanded an additional $30,000 to cover her commission as an agent, pushing the victim to the breaking point.
At this stage, the victim became suspicious but had already lost $26,000 in Bitcoin.
Department of Financial Protection and Innovation Complaint
The DFPI received a complaint from an out-of-state individual targeted in a pig butchering scam by someone named “Gie Gie,” who claimed to be a senior financial advisor.
Gie Gie directed the victim to the fraudulent crypto trading platform Invest Digital FX at investdigitalfx.com.
The victim, under Gie Gie’s guidance, believed they were profiting from crypto trades.
However, when they tried to withdraw funds, the platform demanded fees for commissions, followed by additional “card fees” to release the funds.
After refusing to pay more, the victim was instructed to open an account at a recommended bank linked to the domain pacpb.com, claiming it was necessary to receive the profits.
The victim complied, but when attempting to transfer money to their personal bank account, the bank demanded $2,000 in transfer fees.
To date, the victim has not been able to recover any funds from Invest Digital FX or the related bank.
Is Investdigitalfx.com a SCAM?
This complaint clearly shows that this is a well-orchestrated scam.
The use of Bitcoin ATMs, transaction barcodes, and continuous requests for more investments are major red flags.
The fake website investdigitalfx.com, with its cryptocurrency graphs and detailed account information, created a false sense of legitimacy.
Unfortunately, the victim not only lost money but also shared personal identification details, such as their social security number and ID, further exposing them to potential identity theft.
This is undoubtedly a scam, and anyone encountering similar situations should be cautiously cautious.
If you are a victim of online scams, please let us know by commenting below. Do not lose hope if you have lost a significant amount of money. We can help trace your funds!
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