Asked in Criminal Law, Identity Theft and Stockbroker Fraud

Q: I have been scammed by

Good day,

I'm writing to complain about possible scam by toptrade group. I just realized that I have been scammed after I requested for withdraw of some of the profits I made during trading.

I have deposited in total amount $7,001.59 usd and after several tradings and profits, my total balance stands at $ 17,195.00 usd.

On the 29.06.2021, I requested for $8,000.00 usd withdraw but I was told to pay for another $2,160 usd as a standard tax returns i.e 27% of my total withdraw amount which can't be deducted from the amount I requested.

As soon as, I received this document, I decided to check online for possible clues and to my big surprise it just confirmed what I suspected.

I don't know how to proceed hence this medium for help.

I will be looking forward to hearing from you soon.

Thank you.

Best Regards,

1 Lawyer Answer
Bruce Alexander Minnick
Bruce Alexander Minnick
  • Stockbroker & Investment Fraud Lawyer
  • Tallahassee, FL

A: What you just did is called "locking the barn after the horses have been stolen."

As you found out, "Top Trade" is a well-known world-wide scam of the finest kind. The Good news is that you only lost your initial deposit of $7,000.

Standard advice for novice investors: When any new investment sounds too good to be true--it is too good to be true.

My (optimistic) prediction: There will come a day when all smart people everywhere will do a tiny amount of "research" on the Internet BEFORE they send their hard-earned money into the void.

1 user found this answer helpful

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