Scam-Recently happened: 8-17June21 (Long but useful)
If I could rate this negative, I would.
Day1: Everything looks legit, their website, the live support, the telegram channel for investors. They announce trading, post updates during the day of closed deals and at end of day, they announce profit made.
After observing this for 4-5 days, I decided to invest.
Day 2-4: Profits were announced daily and I would see profit posted on my portfolio. I wanted to withdraw after Day 1( was a Thursday) and live support said why don’t you wait for Friday trading, and I was like, yes, one more day will not hurt.
I decided to withdraw my initial capital on Saturday morning (well, we all had been told not to withdraw Friday because they would be doing an extra trade till late which would give additional profits) and this is where the trouble started:
1- They have a rule that as first-time withdrawal, you pay 50% of the amount being withdrawn. So if, as an example, you are withdrawing $10,000, they expect you to deposit a fresh $5,000 before they release the $10K, and they entice you that you can withdraw the $5K immediately after the $10K is released. Before you know it, you have $15K tied up!
Do not fall for it!! That money will never come.
2- So after paying the 50%, they now came up with yet another catch!! Your upline and downline all ought to pay their 50% too, if they are withdrawing for the first time too, which happened to be my case, otherwise your money will not be released.
This makes you panic knowing you have done your part. Well, my downline paid but upline was travelling. I get email my account will be banned in 30 minutes. In our panic, we plead with manager who recommends if we pay for the amount that was due to be paid by upline, it will release mine and my downline funds.
Do not fall for it. They will not release it.
3- Another catch after paying for the upline's 50%, we got booted out of the Telegram channel. We went to live support and the story was that Manager was angry with us and has noticed we sent less of the 50% for upline. They demanded $500 each from me and downline, saying there was a shortfall, How does a sum of $1,500 worth of BTC have a shortfall of $1,000 within minutes of being sent? They say you will withdraw it again and you are like okay.
Do not fall for it!
4- Then after paying, there comes a VAT email. Really, VAT on BTC? Why is it payable to same wallet, we ask, and no satisfactory answer.
When you have your money north of $5k to $6K there, you are at their mercy.
So me and downline pay $187 each for VAT, even when we are withdrawing different amounts, I asked and was told they make it flat for different tiers.
At this stage, honestly, it has not occurred to us yet that we are being scammed.
Damn, we were so slow! hahah!
Immediately after this was paid, our online accounts get locked, Manager blocks me his Telegram.
5- I go to Live support next day, and the story goes, Manager has been fired as he was scamming people in his personal capacity. The CEO himself will be handling this, so in 2 days, they shall send a memo.
2 days later, which is 16th June, an email titled “Steps to Recovery” is sent, with a link for us to join a new Telegram group. There are about 39 members there, and CEO Rahul Samad (if that is even real) starts apologizing about Manager theft, and how he will ensure we all get paid. Announcement is left mid-way till 17th June, where suddenly, he announces we need to pay 30% of our initial capital! What!
At this stage, I am done and I vowed I am not paying. Until people (who I now believe were all staged) start paying, posting proof of money deposited to their BTC wallets.
We are still skeptical and I keep asking questions and I am told, they want to close the group so they can allow another batch of people for their money to be paid too.
Reluctantly, we pay.
Haha! I am sure you guessed! Telegram channel disappears, just like that.
I contact another of their staff, who surprisingly has not disappeared, and he claims mine and downlines accounts were in default due to upline not paying. He can help if we pay $500 each. Really? How gullible did he think we are?
I drew the line and he cussed and insulted me because I said, “go and enjoy our money but I have decided not to pay this $500”.
So that is how 333Trading is. Do not fall for it!
18 June 2021
Unprompted review
