Subject: Online Fraud & scam on kucoingt.buzz

Name of Complainant Bhavana kadam
Date of ComplaintApril 19, 2023
Name(s) of companies complained against
Category of complaint Cyber Crime
Permanent link of complaint Right click to copy link
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Text of Complaint by Bhavana kadam:

Respected Sir/Madam,
On 31st March 2023, I received a message on whatsapp about part time income. The message also said that you have to do 20 tasks daily. Then they asked me to download telegram and connect. I Bhavana Gopal Kadam & my Partner Manas Parate started doing tasks, but after 4-5 task they gave investment task in which we need to invest in crypto currency and we will get 40% to 60% commission in return, first they gave option of 1,000 to invest and I received 1,300. Then gradually the investment amount gets increase, I said I don’t want to invest more amount but they said these are system generated amounts, and if you don’t invest further then we wont be able to give you back money. In investment task there are minimum 2 orders and maximum 4 orders, (orders means investment). For ex: 1st order will be to invest 5,000 then system generates 2nd order of 20,000 and then randomly system again generates the order of 65,000. Also they guide to open the website ( Kucoingt.buzz )and follow all the procedure like: select BTC/ETH, select Time frame(60s/180s) and then the amount. As per them I would get 40% to 60% commission on whole amount.

I invested the money then, by mistake I selected 180 seconds instead of 60 seconds, and my money showed loss then I asked them please give me my money back but they said you did a mistake now you need to make a repair order to cover your loss. I arranged the money again, and this time also by mistake I selected the wrong option and they are again asking me for more money if I want my money back. But this time they want 300,000 more. I have already invested or loss 5,30,000.

But on the website ( Kucoingt.buzz ) its showing my money 3,22,500 INR, but I cant withdraw that money and it feels like the website is also fraud. I am attaching all the required documents and transactions which I did.

Image Uploaded by Bhavana kadam:

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