Review Of Xkointrade.com Scam — How I Lost and Recovered My Crypto Funds

For 35 years, David Thompson served as a respected school principal in Brisbane. Students admired him, teachers trusted him, and parents often sought his advice. At 67, retirement seemed comfortable. 

His home was paid off, he had nearly 150,000 AUD in retirement savings, and he spent most mornings fishing and volunteering at literacy programs. 

One evening in September, David received a Facebook friend request from a woman named Emily Chen Here is his story; 

I met Emily on Facebook in September, She looked stunning on her with lots of interests I also share.After accepting the request, we began chatting. Emily claimed she operated an import business in Singapore and frequently traveled to Australia. 

Our conversations felt natural. Emily never really talked about money, most of the time we spoke about family, business and world news.

Until I opened up to her about my money problems, I had a business In mind but not nearly enough capital to begin plus being my age raising that type of capital will prove extremely difficult. 

She told me not to worry too much about money that life always has a way of turning things around. She also told me her business and investments were doing well and promised to help me out. 

One day she revealed that she had been investing with Xkointrade.com. A platform that uses AI-powered cryptocurrency trading systems capable of producing extraordinary profits. 

I was skeptical but Emily encouraged me to start small so I deposited 10,000 AUD. A week later, my account showed 14,700 AUD. I withdrew 1,000 AUD successfully. That withdrawal changed everything. Over the next several weeks I invested: 15,000AUD from my retirement savings, 12,000 AUD from my pension rollover and 9,000 AUD borrowed against my property My dashboard eventually displayed more than 200,000 AUD in profit. 

Little did I know that the entire platform was fake. When I attempted to withdraw more funds, I was informed that a "cross-border asset verification fee" of 4,000 AUD was required. I paid. Then came a tax clearance fee, then a blockchain synchronization fee, then an anti-money-laundering deposit. By the time I realized the truth, Blimey! all my money was gone. 

Emily vanished overnight and Xkointrade.com stopped responding. I later learned Xkointrade.com had been flagged by IOSCO and had received numerous scam complaints online. 

I reported the case to IOSCO and the Brisbane County Police but nothing was done. I also tried contacting Companies that dealt with blockchain investigations and fraud but nothing much came up..

It wasn’t until I complained about my ordeal on Reddit that I was finally able to get some help. I sent a complaint to CipherTrace a company owned by Mastercard that deals on crypto fraud and chargeback on - www.theciphertrace.com.  With their help I was able to get back all Xkointrade.com had stolen.

My advice friends, be careful of social media romantic partners.