Fraudulent broker even Threatens victim

Wikifx receive complaints against Brokers all over the world . This time we received Complaint against a broker called USDC Investment. A user who turned into a victim now. Complaint on Wikifx regarding the Withdrawal issue on 16 July 2023. The user is from India. He told in his Complaint that he & one of his friend invested 11 Lakh in total as of now and facing Withdrawal issue currently. He attached all the screenshots with his complaint.

Victim told he started Investing with the broker in May 2023 via some Trading app. Initially, he did not face any issue. This is the first time USDC Investment is doing this behavior. He stated that “now USDC has frozen our account by saying That I have to do tax verification then I had done this verification by recharging 20% USDT of the amount which I have in my account. Still, they stopped my withdrawal process and then the company again asked for 10% of the deposit in my account to have normally withdrawn otherwise they froze my account.”.

Complainant added “I contacted the broker via email and ask them about the whole incident. Broker replied and asked for a 10% amount to regenerate the account.” Victim told Wikifx that even this fraudulent broker even threatened him that they will lodge a complaint of Money laundering against him.

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