SCAM? CRYPTO BROKERAGE COMPANY

[stevieeeman]

Hi all,

I am fairly new to bitcoin. I recently have been investing with a brokerage company and they have sent me the email below to begin my withdrawal process...
My question to all is if this seems like a normal brokerage process or if this could be a scam. They have setup a non spendable address to the blockchain account and i see that it is confirmed. But I need a private key to actually make them spendable. I am not sure if they want me to send the 2.08BTC to my personal wallet or the wallet that they inputed the address in. PLEASE ADVISE.

MESSAGE FROM BROKER-

Your total profits of 5.1BTC has been successfully transferred to your
blockchain wallet after the completion of trades in your account plus
bonuses from the brokerage company.
You have to activate and recycle the profits in your wallet using your
private key with 2.08BTC which will be sent to your personal and secure
blockchain wallet. You'll receive an encrypted barcode containing your
private key as soon as you have these bitcoins in your wallet.
NOTE;
1) you have to change your blockchain password to a more secure one (add
symbols and numbers)
2) your deposit to your wallet has to be made within the next 2 trade
weeks to avoid your profits from recycling.
You can contact your payout agent or account for more information.[/b]

Let me know what you think. THANKS IN ADVANCE!

Here is the companies website:https://www.mitracrypto.com/

Can someone give me a breakdown of the transaction?
https://www.blockchain.com/btc/tx/ff3ed909a4c685363384c011033c47ab2111f88e951402ebce3617c86de304f9

Its a watch only address right? Does this mean they have access to the funds? If i do not pay the fee, does that mean the money is lost or still in their wallet?
https://postimg.cc/GHmBmNSk


This is what support tells me. Can this be true?
https://postimg.cc/GBk4gspQ
https://postimg.cc/SJMVQD1N


They gave me this written document. Is it legit?

https://postimg.cc/4mh91X85
https://postimg.cc/bDJGSPD1
https://postimg.cc/gw4X0jJY
https://postimg.cc/rD1RvQ2R

The women who messaged me on instagram had her account suspended and then i found out the woman she was impersonating.
The document and the program made it seem legit so i continued. But this is the stopping pOint.

I invested 5k. They waited for me to pay 4k for a 17% International Transfer Fee to get my profits liquidated. So this is their next steps for me. But i will STOP.

I just dont know if i need to report them? and if so, where?

This is their online program to manage my account.
https://postimg.cc/qNHWJXzd

THANKS FOR YOU HELP!!!!

[1715149688]

1715149688

[1715149688]

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[1715149688]

1715149688

[1715149688]

1715149688

[1715149688]

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[pooya87]

that is a clear case of scam. they are simply asking you to donate them money. that's it. there is no reason for them to create an address and ask you to send money to it then send you the private key of that address! it makes no sense.

additionally if they could make 5.1BTC profit (~$47k) they wouldn't need your money, they would have become millionaires within a month on their own!

[mk4]

Yeap. It's an obvious scam, and hopefully you didn't lose a life-changing sum of money.

Next time when "investing" in bitcoin(or cryptocurrencies in general), just stick to the reputable platforms. Especially knowing that we're talking about money here(especially bitcoin, whereas transactions are irreversible), you gotta heavily increase your skepticism when picking platforms.

[avikz]

Hi all,

I am fairly new to bitcoin. I recently have been investing with a brokerage company and they have sent me the email below to begin my withdrawal process...
My question to all is if this seems like a normal brokerage process or if this could be a scam. They have setup a non spendable address to the blockchain account and i see that it is confirmed. But I need a private key to actually make them spendable. I am not sure if they want me to send the 2.08BTC to my personal wallet or the wallet that they inputed the address in. PLEASE ADVISE.

MESSAGE FROM BROKER-

Your total profits of 5.1BTC has been successfully transferred to your
blockchain wallet after the completion of trades in your account plus
bonuses from the brokerage company.
You have to activate and recycle the profits in your wallet using your
private key with 2.08BTC which will be sent to your personal and secure
blockchain wallet. You'll receive an encrypted barcode containing your
private key as soon as you have these bitcoins in your wallet.
NOTE;
1) you have to change your blockchain password to a more secure one (add
symbols and numbers)
2) your deposit to your wallet has to be made within the next 2 trade
weeks to avoid your profits from recycling.
You can contact your payout agent or account for more information.[/b]

Let me know what you think. THANKS IN ADVANCE!

Clearly looks like a ponzi scam or similar type of scams. Please let us know the website name and URL here so that we can check to be sure. I am wondering how much money did you invest which had fetched a profit of 5.1 BTC!! First thing you need to understand that if some company has the capability to make such huge profits from trading, they wouldn't ask for public investment. They will just trade with their own money.

Secondly, you will find a lot of investment funds who claims to be using AI enabled bot trading for profit. Clear out from there if you see anything of similar sort. This is a myth.

I am waiting for the URL though!

[acroman08]

this type of modus is very common in this industry and it usually targets unsuspecting newbies. it's great that you ask decided to ask here first before continuing transacting with them. the links below are references to show how common it is. these three are the easiest to find but if you looked deeper you'll find a lot more and how many fell victim to this type of scam.

FAKE FRAUD exchange SCAM to make you deposit and TRAP BTC SITE: "CRYPTOEXPO.NET"
[SCAM Alert] Briefcrypt.com offer 0.8 BTC . Beware......
trade8.to legit or scam ?

[stevieeeman]

Hi all,

I am fairly new to bitcoin. I recently have been investing with a brokerage company and they have sent me the email below to begin my withdrawal process...
My question to all is if this seems like a normal brokerage process or if this could be a scam. They have setup a non spendable address to the blockchain account and i see that it is confirmed. But I need a private key to actually make them spendable. I am not sure if they want me to send the 2.08BTC to my personal wallet or the wallet that they inputed the address in. PLEASE ADVISE.

MESSAGE FROM BROKER-

Your total profits of 5.1BTC has been successfully transferred to your
blockchain wallet after the completion of trades in your account plus
bonuses from the brokerage company.
You have to activate and recycle the profits in your wallet using your
private key with 2.08BTC which will be sent to your personal and secure
blockchain wallet. You'll receive an encrypted barcode containing your
private key as soon as you have these bitcoins in your wallet.
NOTE;
1) you have to change your blockchain password to a more secure one (add
symbols and numbers)
2) your deposit to your wallet has to be made within the next 2 trade
weeks to avoid your profits from recycling.
You can contact your payout agent or account for more information.[/b]

Let me know what you think. THANKS IN ADVANCE!

Clearly looks like a ponzi scam or similar type of scams. Please let us know the website name and URL here so that we can check to be sure. I am wondering how much money did you invest which had fetched a profit of 5.1 BTC!! First thing you need to understand that if some company has the capability to make such huge profits from trading, they wouldn't ask for public investment. They will just trade with their own money.

Secondly, you will find a lot of investment funds who claims to be using AI enabled bot trading for profit. Clear out from there if you see anything of similar sort. This is a myth.

I am waiting for the URL though!

Here is the companies website:https://www.mitracrypto.com/

[ChiBitCTy]

Yeap. It's an obvious scam, and hopefully you didn't lose a life-changing sum of money.

Next time when "investing" in bitcoin(or cryptocurrencies in general), just stick to the reputable platforms. Especially knowing that we're talking about money here(especially bitcoin, whereas transactions are irreversible), you gotta heavily increase your skepticism when picking platforms.

Exactly, and I'd love to point out how mk4 put "investing" in quotes.  This is something that far too many around here just don't really understand ( that fact hat bitcoin is not inherently about investing).

Great lesson to always do your research on companies before doing business with them!

[tonyw205]

How did this work out? Any luck getting your funds back?

[Rengga Jati]

Wait a moment,
You did investment in that broker 5K and your total profit is 5.1BTC?
It is too much, mate and it is very strange to gain that many profits in a short time. Moreover, it seems nonsense when someone will really give you those big profits like that.

In this case, I searched about the broker https://www.mitracrypto.com/,

and I found this:
https://www.scamwatcher.org/mitracrypto-review/
The result on that website shows that Mitracrypto is a scam. However, I can't find the other sources.

MitraCrypto is an unregulated Investment Company. The problem with unregulated Investment Companies is that they are not reliable and abuse the regulations.

It is also strange when they ask you to do this:

...
You have to activate and recycle the profits in your wallet using your
private key with 2.08BTC which will be sent to your personal and secure
blockchain wallet.

It seems so strange, for what they are asking for this? If it is already in blcokcahin.com, so you need to do withdrawal the whole profits from that blockchain platform. But it is not that the fact. You should do that to get 2.08BTC, so where are the least?

In this case, be careful with all members here, scammers are everywhere with their new and smart ways to ensure the victim to be scammed.

Edited:
Thanks, @Bitcoin_Arena for remaining, a scammer is always a scammer, and we don't need to expect to receive our money again.
Just make it as a lesson to be more and more careful.

[Bitcoin_Arena]

How did this work out? Any luck getting your funds back?

Nope it didn't workout because it was scam. Read through the thread again. OP say's in order to receive the "profits" he had made, he had to deposit so more money into his account which is obvious that they were trying to lure him into sending them more money and double scam him. It's some scam that's come around.

Also the person who introduced OP to the scam  was later discovered to be an impersonator. Which legit company uses impersonators to advertise their platform?

And please be patient for you, hopefully, the team will really help the funs.

Not possible. The "team" were scammers.

[TimeTeller]

How did this work out? Any luck getting your funds back?

Nope it didn't workout because it was scam. Read through the thread again. OP say's in order to receive the "profits" he had made, he had to deposit so more money into his account which is obvious that they were trying to lure him into sending them more money and double scam him. It's some scam that's come around.

Also the person who introduced OP to the scam  was later discovered to be an impersonator. Which legit company uses impersonators to advertise their platform?

And please be patient for you, hopefully, the team will really help the funs.

Not possible. The "team" were scammers.

We should be seeing this thread in the scam accusations board also so people will be notify about the scammer's website.
I just read recently about telegram scam in this case, luring to spend more money on the gambling site to recover the winnings.
But it's good that the user detected early that it is a scam attempt but he lost $100.
Anyway, scammers will try hundreds of ways how to rekt a naive, greedy user. So be alert!

[tonyw205]

How do we get these people shut down? Its months later and they are still in operation luring people in.

[maxreish]

Definitely a scam! Stay away from that website.
I found some warnings from this site;
- https://www.scamwatcher.org/mitracrypto-review/  pointing out some reasons  why mitracrypto should be avoided. One of the reason is being an unregulated that they may be bankrupt one day and disappear immediately.

And ratings was very low compared with the other brokerage company. There are some brokerage company that are really legit and has a good feedback. DYOR and you'll find a good one.

[gurjasmeetsingh]

I think it's like a totally scam.so l advised everyone togo with big distance, like go away this type of website,otherwise it's sure we get loss.again think deeply & protect yourself.

[cryptomaniac_xxx]

I agree with the sentiments here, website is fairly so-so design, and by far just 391 days old (https://whois.domaintools.com/mitracrypto.com). So sad to let you know that your $5k is gone already. In our country $5k is already huge amount.

How do we get these people shut down? Its months later and they are still in operation luring people in.

Well you can report the website so that it will be taken down by the domain registrar itself. But then again, they will come back, so we need to be very active and vigilant.

[Teresa_FX1]

Sorry to admit, but this is a blatant scam You shoul report it everywhere.

[Ludmilla_rose1995]

this method has been very often done by scammers and lots of novice investors who have become victims of scams. You should stay away from these sites because they cannot be trusted. You should choose a platform that has a very good reputation for investing in bitcoin. to choose a good platform, you can ask your friends in this forum and discuss it. I hope you don't get caught in a scam mode like this.

[Rodeo02]

How do we get these people shut down? Its months later and they are still in operation luring people in.

There is no way to stop them they make it as their
personal job since they earn a lot fooling other people.
all we can do is find out what to learn so we will not to fall victim to the next scams they commit.

scams are normal. even with banknotes or bank accounts such things always happen .we just need to learn how to ignore these to good to be true scheme they used so people will send money in them.