Coin switch trading scam

Name of Complainant Gowrisankar
Date of ComplaintMay 23, 2024
Name(s) of companies complained against
Category of complaint Internet Services
Permanent link of complaint Right click to copy link
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Text of Complaint by Gowrisankar:

This group sends a message in watsapp asking us to join Google rating part time job and they will pay for each of our ratings. Ten they ask us to download telegram and link us with a group and a receptionist. They give a few tasks and This group sends a message in watsapp asking us to join Google rating part time job and they will pay for each of our ratings. Ten they ask us to download telegram and link us with a group and a receptionist. They give a few tasks and pay 210/- immediately. Then a few task for the same amount. Task 12 is where their game starts – they ask us to deposit 3000/- to a random UPI or bank a/c and then inturn we will get double commission. They will pay you 3900/- + commission 210/-. Later, they ask us to deposit 7000/ for the next task. Once you pay, you will be directed to another person claiming Teacher of crypto currency and will give you a task to trade in this “coimwork” website. The trick here is, he will set up his own men as a group and will ask one of them to make an error. This will freeze all the group members money (7000/-). Later to release our money, he will ask us to pay 28546/- and take back the initial deposit and the commission for 26000 etc. Once you make this huge payment, the team again rings another condition and asks us to pay 88000/- to release all our cash. This goes on till they reach a targeted amount and then removes us from their telegram network. after they said u paid 29990 rupees and u can withdraw full amt but after deposit the amount all money reflected in frozen account and we are helpless to withdraw the moneypay 210/- immediately. Then a few task for the same amount. Task 12 is where their game starts – they ask us to deposit 3000/- to a random UPI or bank a/c and then inturn we will get double commission. They will pay you 3900/- + commission 210/-. Later, they ask us to deposit 7000/ for the next task. Once you pay, you will be directed to another person claiming Teacher of crypto currency and will give you a task to trade in this “coimwork” website. The trick here is, he will set up his own men as a group and will ask one of them to make an error. This will freeze all the group members money (7000/-). Later to release our money, he will ask us to pay 28546/- and take back the initial deposit and the commission for 26000 etc. Once you make this huge payment, the team again rings another condition and asks us to pay 88000/- to release all our cash. This goes on till they reach a targeted amount and then removes us from their telegram network. after they said u paid 56000 rupees and u can withdraw full amt but after deposit the amount all money reflected in frozen account and we are helpless to withdraw the money

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