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iwebcoin.comSBDCCOIN
Investment / sanctions alert · dfpi
DFPI — Victim narrative (California)
A California resident reports being approached by “Amy” on WhatsApp who invited them to join a group chat to learn how to trade crypto assets. Under Amy’s direction, the resident downloaded an app, SBDCCOIN, and was told to follow the trading signals provided by “Professor Andy”. The resident transferred crypto assets to the app and at one point believed their account had grown to more than $1 million. But when they tried to withdraw funds, the platform demanded they pay a 20% tax due to the IRS before releasing the funds. The resident paid the tax to the platform, but then the platform said t
Estimated loss: $1,000,000
Type: Fraudulent Trading Platform | Pig Butchering Scam
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What to do if you were targeted
- 1.Stop all transfers immediately.
- 2.Contact your bank or wire transfer service to attempt a recall.
- 3.File a complaint with the FBI IC3 at ic3.gov.
- 4.Report to the FTC at reportfraud.ftc.gov.
- 5.Report to your state securities regulator via nasaa.org.