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This entity appears in one or more regulatory or sanctions lists (SEC PAUSE, DFPI, OpenSanctions). Report to the FBI IC3 at ic3.gov and the FTC at reportfraud.ftc.gov.

SW Seeds for Wealth AllianceRoycoin

Investment / sanctions alert · dfpi

DFPI — Victim narrative (California)

A California victim reports they found a Facebook group called Seeds for Wealth Alliance (SWA)which claimed to be a crypto advising agency that worked with the crypto platform Roycoin. Someone from the Facebook group reached out to the victim and instructed them to how to download a app called RCN Hub to set up an account and trade. The victim started with small deposits and reportedly saw their account grow quickly. The Facebook group continuously encouraged the victim to deposit more funds, and at one point, thevictim believed their account had grown to more than $65 million. But when the vi

Estimated loss: $65,000,000

Type: Fraudulent Trading Platform

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What to do if you were targeted

  1. 1.Stop all transfers immediately.
  2. 2.Contact your bank or wire transfer service to attempt a recall.
  3. 3.File a complaint with the FBI IC3 at ic3.gov.
  4. 4.Report to the FTC at reportfraud.ftc.gov.
  5. 5.Report to your state securities regulator via nasaa.org.