USDC Investment is a Honey Trap

“A Woman forced me to take a personal loan and I fell into her trap and took a personal loan of 10 lakhs and invested my money in the USDC Investment Limited platform. After this again she asked me to increase the principal by lakhs to make some good profit. I am hopeless now. I am now financially unstable as I have to repay my personal loan also and I don't have money to pay my EMIs”. These are the words of a user from India who recently complained on Wikifx against a broker called USDC Investment.

Victim told in his complaint how he fell into the honey trap of USDC Investment via a woman Who suggested him to Invest in this trading Platform. “I did a demo trade on it on the 11th Sept and on the same day, I made my account on the same platform. Then Ms. Simran Kaur suggested me contact online USDC customer service via telegram (https://t.me/USDC_FX_07) to review my name verification process and to recharge my account”. Victim told that He recharged his account by 10000 Rs. That is (125 USD). “Then she asked me to increase my principal, seeing the withdrawal and profit I increased my principal by 50000 Rs. more. Then I withdrew 100$. Till this time everything was going fine.” Victim added.

The complainant told that On September 26, he initiated a withdrawal but customer service rejected his withdrawal application. I tried again with a withdrawal process of 1756$ but this time online customer service came with a new reason to reject my withdrawal application. online customer service came with a new reason to reject my withdrawal application. This time he said, due to RBIs regulations, this withdrawal requires payment of 30% profit tax before the withdrawal can be completed.

He wrote. The customer service of the broker does not let him withdraw his money and asking him to pay the tax amount in advance.

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