- Report: #1520541
Complaint Review: Bitcin -
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Author Confirmed
Why?
Bitcin
United States
Web:
bxiv.com
Categories:
Business Rating:
(1)
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Bitcin BTC Wealth guide They scammed me. Stay away from these scammers or you will lose all your money
The company is called Bitcin(bxiv.com). They claim to be controlled by Warburg Pincus and Ant Financial. They recruit people through a text message to join a trading group. They promise for a return of $500-$50,000 a day.
I made a small investment of $100 at first and then followed by another $500 and it went all the way up to $7000. For the first day or two, I was able to withdraw a few hundred dollars. Later, I was recruited to invest base on one and one bases with an analyst that would guarantee my initial investment plus very high rate of return. I’ll except it as many other traders to invest without being said anything about the commission that was supposed to be paid directly to the analyst through an external e-wallet account.
So while I was in the trades with the analyst, he grow my account to almost $100,000 in less than 45 minutes. So, I was told to pay the analyst before I can touch the money in my trade account. Meanwhile, I wasn’t able to use the trading account money and I they forced me to tap in my external e-wallet with the Coinbase.
Moving forward, I agreed to pay $11,370 from my own external account in exchange of having access to all my trading fund. After paying them, they came up with a lot of excuses, such as: the channel block is clogged and I need to wait for 24 hours.
A day after, when I attempted to make a withdrawal, they stop the payment since they asked me to pay them directly 18% of tax that is imposed by the IRS which was never ever disclosed at first. I refused to pay them another $18,000 on the tax since they never even had my Social Security number on a W-4 form with any exemption.
That raise my eyebrow since they didn’t have any adequate information from me as a taxpayer. This company has no license with the SEC, FTB, or any authorities in the US. So, they’re refusing to pay me my initial invested money plus all the gains in the account.
There is no one to talk to except talking to them over WhatsApp application. Basically, they stole my money and I don’t have any where to go to get my money back. Please let me know what you can do to help me to recover my losses.
2 Updates & Rebuttals
David
Grand Rapids,Michigan,
United States
I was a Victim but I found solution.
#2Consumer Suggestion
Wed, August 17, 2022
Hi Mate. Do not believe any company promising you Highly yield or Return on Investment with High APRS. Early this year, i lost over $40k to same company. When it was time for me to make withdrawal, they keep asking for percentages and off terms charges, Till they stopped responding to my emails no other means to get through to support Rep.
I almost Died, If not for Mrs. Paige McCubbin whom I hired to recover my money. She did an excellent Job recovering all my money within a few weeks. I wouldn't wish for my worse enemy to experience this kind of scam.
It can make a grown make reckless and even decide to commit suicide* If you are still looking for a way to recover your money, Try contacting her on Telegram; (paigecubbin) But if you have found a better way, you can share it here so that others can see a way to recover their money.
Karl
Highlands Ranch,Colorado,
United States
You can send your Attorney General...
#3Consumer Comment
Wed, August 17, 2022
a copy of your Ripoff Report and also send a copy to all of your Local TV News Stations. Put it to the attention of “Investigative Reporter “. Email all the information and send hard copies VIA the Post Office. Provide as much proof as possible in order to back up your case.
Good luck to you!
*****NATIONWIDE INVESTOR ALERT: Make sure to type in 1512122 at this site and read Ripoff Report #1512122 and all of the Updates for important information if you have any money invested in the stock market. Keep in mind that 90% of all Retirement accounts are invested in the stock market. (401K’s & IRA’s)
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