Novustrades.com Reports & Reviews

Novustrades.com Reports & Reviews (1)

• Aug 03, 2023

Scammer's website novustrades.com
Scammer's email [email protected]
Total money lost $14,100
Type of a scam Investment
Initial means of contact Not applicable

Crypto/Investment Scam

Hello, I came to know about trading platform www.novustrades.com that allow copy trading, means my account will be mirrored to one of the top trader account and trades will be executed automatically. This company only accept deposit in form of crypto. So I started by depositing some BTC. Once I start seeing profit , I deposited more amount slowly that reached to $10,100. Within month I see nice profit which I wished to withdraw. However support team told I need to pay $2000 to unstake my trades then my withdrawal will be processed. I paid $2000 in the form of bitcoin, but later they asked to pay commission fee which was again $2000. After discussing with them, I agree to pay that also because support team mentioned I will get my withdrawal after settling commission. So I paid total of $14,100 to them ($10,100 deposit amount and $4000 fees). However, I was wrong. They again come back with another fee and now it was tax money of $5,035 which is more than 50% of my profit amount. That looks fraud to me completely as tax are either deducted at source or will be paid during tax filing. But they are forcing me to pay it at front and don't want to deduct it from my profit. I'm sure if I pay this money to them, they will come back with another fee. Please help me to settle this matter. Please let me know if you need more information. Thank you very much.

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