Cryptocurrency investment scam with 430K (USD) Lost & Debts

Ms. Wang is an office worker (in her 40s) who lives in Taipei, Taiwan. Usually, I have developed the financial management habit of investing in stocks and funds to save money. She has been keeping pace with the times at work. She has wanted to learn about virtual currency investment for a while, and she is constantly enriching herself in the field of learning and understanding of virtual currency. So she chatted with friends on FB about each other's investment and financial management. She established a common topic, and the other party actively cared about the poor life and asked for warmth. The other party gained her trust. She has always had a kind and trustworthy heart to live with her family, and she is filial to her parents and loves her younger siblings. Also because of her kind and trustworthy personality, it is at this point that she became the target of a fraud group.

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The liar knew that she always wanted to know more about the field of virtual currency investment, so he told her that he was on the investment platform exchange (Digifinex), which is one of the top 100 exchanges in the world, and provided her with the official website to download. He said that he wanted to take her to operate virtual currency, so he jumped into the trap of the other party 100% under the persuasion of the scammer explaining the investment operation method. Why is it a trap, because Ms. Wang fell into a phishing website (fake investment platform exchange) , APP and website are exactly the same as the real DigiFinex. The scammer persuaded Ms. Wang to cash out all the stock funds (the scammer explained that the current market is not good and turned to invest in virtual currency), and persuaded Ms. Wang to take a salary loan and borrow from the bank to invest to make myself faster Realize the dream of buying a house, The scammer also found a car loan company to take the initiative to go to Taipei from Taichung to help with the over-loan (the value of the car is 600,000, and it is true that the over-loan can be 1.1 million). The interest rate is 8%, and it takes about 3 to 4 days a week to follow the scammer on the investment platform. Short-term trading, and then 2 months later, Ms. Wang increased her capital from the initial investment of 100,000 on the fake investment website to 3.5 million. The siblings and best friends shared their savings with her and shared their savings with her. Invested 13 million to buy USDT and transferred it to a fraudulent investment platform for short-term transactions. On 8/21, when the fraudulent investment platform was withdrawn, it could not be withdrawn. The customer service LINE informed that the transaction income exceeded 400,000 USDT, and a 17% tax was required to withdraw When you want to withdraw after paying, the system will display "password error", ask the line customer service and say that you need to deposit 5% of the USDT amount on the total asset account, and you can decrypt it for withdrawal after confirming that you are the person. A total of 430,110 USDT was sent to the fraudulent platform’s two deposit addresses in 19 transactions between June and August. That is, she was defrauded of a loss of her life, which was originally carefree, has undergone tremendous changes. She lost her life savings and the pressure of borrowing on her body made her life fall into a predicament. The most trusted family member asked her to sign a promissory note, trying to turn the joint investment into a loan relationship with her, asking her to pay back the money, unwilling to share the burden and face the solution, which made her want to commit suicide at one time, and her father was also overly worried. Suffering from mental distress and numerous visits to the hospital, she was devastated and depressed, but she was determined to focus her time and energy on working with the police to recover the money she was defrauded of. The fraud syndicate used virtual currency Layer after layer of money laundering, she worked hard to find a solution, found an international cryptocurrency investigator to trace the final flow of her funds, and handed over the investigation report to the police. more than NT$10 million. 

Now she cooperates with the police investigation and the Taiwanese police have frozen the account to foreign exchanges without precedent, and now she is facing the difficulty of seizure by the Taiwan court. Still not giving up, she told herself that the same unlucky things are coming, some people use it as a life experience and learning, and some people use it as an excuse to escape from life. She wants to be the former, not the latter. Along the way, she met many noble people who were enthusiastic to help solve problems. No matter how difficult the result was, she still persisted in the spirit of not giving up as the motivation to support her life.

 

Note: The conversion of TWD to USD in June 2022 is approximately TWD 30 = USD 1