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Chuck's Investment Group

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Chuck's Investment Group Reports & Reviews (1)

- Albuquerque, NM, USA • Jun 25, 2024

The website https://falcoinew.com is operated by a criminal organization that commits securities fraud in the form of phony cryptocurrency coin trading schemes. In particular, the operators of this site use the following crypto coins: EEV, YIB, BFO, PIU and other coins to simulate chart performances. The criminal operators of this site provide trading signals for these phony coins which normally leads to phony profits. However, the profits have no real value because when an account holder, the victim, tries to make a withdrawal, the funds are frozen. Another part of the scam is the operators of the website demand 10% commissions for all profits from trading signals. While it appears, the victim is accumulating some profits, the website manages to erase profits with manipulations generally called stop calls. There are discussion groups that I suspect are all part of the scam because in every case the discussion group members are raving about their profits and encouraging the unsuspecting victim to add more and more funds to their account. The operators perform phony manipulative attacks on crypto coins of little value, for example EEV and PIU, claiming 500% - 600% and even more phony profits; however, the catch is that every participant must have at least $20,000 deposited in their trading account. Luckily, I didn't fall for that part of the scam as I was mostly curious about how cryptocurrency futures trading was conducted, but even with the $4,000 I committed to this fraudulent scam, they managed to erase all my funds, or freeze the $1009 remaining on my account. The scammers are currently demanding that I pay $518 commission fees on nonexistent phony profits with no actual value.

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