Read our Dot Crypto review to see if we recommend this broker for trading. Just to clear doubts, this is a dot-crypto.com review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So Dot Crypto is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about Dot Crypto in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
Dot Crypto Review Conclusions
Making the Dot Crypto review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Dot Crypto review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
I have scammed by these animals, two south african blokes Henry and Wade, i have lost almost $30,000 aud. i cannot believe i fell for this. They wont return any emails now i want to withdraw my money.
what happens to your money now? i heard henry is no longer connected to dot.
I was scammed by these pigs at dot.crypto by Zack Williams & Thomas Bradford for $160,000 back in January just gone and asked for my money back and even sent a message saying I want my money back but nothing and now they have blocked me
(1/5)
They have contacted me since and are telling me i have 400k ready to transfer to me. haha
i wonder how much they want me to send them to release it. They have said Wade will call me tomorrow about the transfer. I cant wait to talk to him. The final figure for what they scammed for was $51,000.
What happened in the end?
Answered an ad to buy digital Juan and after making my deposit could not see my coins that I paid for in web trader that they supposedly set up for me. Started getting suspicious when I could not change the password on web trader. Send 9 messages through their customer service window on their site and it was not answered or not working. Tried to withdraw my money but just got a pending notice, send them an email asking about withdrawing my own funds but after 7 days still no answer.
(1/5)
No stars for
any scammer for dishonestly, curse on them
I was scammed by Henry Boseman, Archie Smith James Dunk and Tony Rosenberg for AUD 32k. This was a 3 months hook and reel, very very convincing. Henry built such rapport, I curse you all to the deepest hell. You ruin peoples lives and I promise you, one day you shall burn for what you have done and continue to do to people. One day you will be found one way or another.
Scammed by [email protected] very convincing! Don’t trust
(1/5)
scammer alert. they keep calling people to add money on their account they even force you to make a deposit. instead of earnings you loosing your money. those african men based in london are monster!
(1/5)
Yes, Rocco Atwood, Rick Jordon join the ranks of all of the above – disgusting human beings who I pray will one day realise how terrible they are. God bless them because no one else would!!
Scammers, Death to you all, Christian Hamilton, Tony, Joe and Johnathan but they keep changing there names/ if you see a 000044 come up on your phone Hang Up you will be scammed ScumBags the whole lot of them, don’t let them ZOOM into your computer they will then have all your passwords, What Goes Around Comes around and you will be caught? you are not going to get away with it you SCUMBAGS
Yes l have had the same issue with them we all should get together and contact media to look into
I agree how has this gone on for so long I started up $250 dollars Graham Lewis rang and say I needed to invest another $3500AUD to make it worth my while
I didn’t and refused to answer the phone calls got a text from Andrew Brooks around 4 months later asking what I wanted to do with the profits I just roll them over into my account
Phone calls every day to say where my I. Investment was sitting from Andrew Brooks meantime I was doing my research everyone legit enter someone called Dr Lee said he would put me on a corporate account but said I would need to invest &200,000 AUD which I didn’t have long story short they then deposited the funds into Elbaite escrow and was funds to release it now that’s where I come unstuck as I all seemed so real then when I paid the fees the Elbaite escrow account was cancelled now they are saying the funds are with blockchain escrow account
Sadly they sucked me into the JPMorgan bank scheme for new blockchain development. Initially I paid just over a thousand one which I earn some interest and they sent the money back to buy Coinspot account. Then the JPMorgan deal came to the fore. I even watched a video of the blockchain development the bank was undertaking and about to launch. Christian Hamilton from South Africa, Michael Sheppard and Joe Sacks who is Jewish talked me into their Onyx prospectus to put up $30,000 for three months with a big. payout at the end. Then came another special VIP deal reserved for their very special customers.Joe wanted me to send them $100,000 for a pre-private stage new coin deal backed by Tesla, MS, APPT, Visa, BP and Google that was going to the trading platform. they said. they. had set up for me. net me a massive return of $1.8M! Alarm bells started ringing when I found they had full accesss to the trading platform they said they set up for me. They were placing all the trades and had made me a wonderful $55,100 profit in a week trading coins on my account. More alarm bells started ringing when I couldn’t log into “my” account. Scammers all. I just glad I didn’t fall for the pre-private stage, new coin deal. The scumbags would have sucked me dry!
I am writing this to try to warn others against Dot-Crypto and similar scams.
I want to layout the way in which I was conned so that others are aware.
I state upfront that I was conned by Dot-Crypto, I did know better but allowed myself to be conned anyway.
Henry Boseman was my initial contact, he worked hard to establish the deposit and withdrawal paths for me, and we tested the withdrawal with a $50usd transaction. (Building confidence, at this point Henry was getting my confidence and collecting information about me.)
Dot-Crypto use Zoom to communicate this allows them see what is on your screen, if they see your bank account balances it allows them to tailor the conn to you.
Trading went very well and Henry assured me this was unusual and not typical.
This good trading continued and Henry advised me that I needed more funds so that he could put hedging in place. I deposited part of the required funds and to assist me he arranged for a credit to be put on the account, this was to be paid back from profits, this statement was later denied. (Gaslighting and jargon are used to confuse you).
Henry disappeared and Archie Smith took over, Archie is more aggressive than Henry.
Archie informs me that in order to withdraw funds I need to pay off the credit and this has to be from new deposits (I needed this withdrawal in order to balance up my real accounts.)
I found the money to pay back the credit and deposited this. Under Archie’s guidance I closed the open trades.
Enter Graham Lewis (supervisor) who informs me that closing the trade has locked the account.
Archie denies he told me the close the trades (More gaslighting).
Graham asked me to leave it with him, and he will see what can be done.
The following day Graham tell me that ‘Joe’ has managed to use my funds in a trade and I now have $100,000 after their commission but to do this my account had to be liquidated.
To access the $100,000 I need to pay the liquidation fees (Again from new deposits.)
I directly challenged legitimacy of Dot-Crypto calling it a scam. To counter this Graham said he will put the $100.000 in escrow waiting on the liquidation fees, this was to be in the form of a smart contract.
(Smart contract are a type of block that contains actions that will take place automatically when conditions are meet, all bocks in blockchain can be view by anyone with the right tools.)
I asked for a copy of the smart contract, after several days I was sent a document purporting to be the contract however it did not give a blockchain address. At this point I almost bailed out but I wanted to believe, this is how a conn works.
I deposited the money with Dot-Crypto and never heard from them again.
Graham and Archie were well aware that the money was coming from my medical account, I point this out to demonstrate that these people a remorseless. Attempts to make a withdrawal have failed.
Dot-Crypto has its own domain, this adds to the impression that it is legitimate.
I have not been able to run tracert to find the location of the server but would guess that it is a virtual machine hosted in the UK. The people behind this could be anywhere in the world.
Dot-Crypto will be shut down at some point but these people will be back under another name.
When I spoke to them they said they were based in England and Germany that’s where a lot of the money goes to so I don’t know if that’s true or not
(1/5)
I have also been scammed and it is exactly as all the others have said!
here are some of the names of the scammers.
Joe Sacks ([email protected]) WhatsApp phone number +44 7551910196
Cameron Carter ([email protected])
Andrew Brooks ([email protected])
Christian Hamilton ([email protected])
[email protected]
Henry Boseman ([email protected])
Steve Sargeant ([email protected])
I was also asked to join the JPMorgan scheme by this Michael Sheppard
I had a guy called Richard ring me as well dmanding that I deposit money into the account to liquidate my funds, I refused but then had this Cameron and Joe make promises and put my funds into an Atomic Wallet (which is a really wallet) but the money in there via a token was fake.
I wrote to Atomic Wallet in regards to this and this is the reply back:
Hi Michael,
Thank you for your message.
ETH that you are holding in your wallet is a fake asset that does not have any value on the market, meaning you will not be able to exchange it to real crypto or fiat currency, please have a look – https://etherscan.io/token/0x52500c7053a146a52d463efc71f8880f245fd7e4?a=0x9936524dbff0a8bdbc6565f79bfd8a9faae7e5eb
The Ethereum network allows everyone to create their own token, and scammers create fake tokens that have the name and price of a real token, but they have zero value on the market.
We’re sincerely sorry to tell you that the BTC you deposited is now lost to scammers. Most probably, they got access to your wallet during the installation and, as you can see, withdrew your BTC 10 minutes after your deposit.
I deposited the money into this account and it was taken straight out again.
DOn’t let them talk you into seeing your bank account as they will see how much you have in there and will talk you into depositing an amount that isn’t all of what you have but a substantial amount to make it look legitimate.
When trying to make a withdrawal they promise to stay on the zoom call or on the phone as the withdrawal is being processed, and then after a little bit of time the session is suddenly stopped or the phone goes dead.
I am not sure of how many there are that is running this scam, but they all have South African Accents and are very good at making you believe that they are genuine and have your best interest at heart. Be very careful as if one can’t get anymore money from you, then another will call and try to convince you that they are helping you and that the last person has been fired or demoted. It is all a scam, and I really hope that they get caught and shut down, people like this are the lowest scum in the world and prey on peoples vulnerability. Don’t fall for it like I did!
These scammers at Dot-Crypto, wow they just don’t let up.
I just had another call from this Richard asking for more money to liquidate my account saying the reason I have not got my money is because I had not paid enough to get it released….mmmm. I told him to F-off and he then transferred me to a Timothy Johnson who apparently is the financial manager who then started to go through the reason why I didn’t get my money released, it seems that |I didn’t pay enough to release the amount I asked for, even after being told how much I had to pay to get it released…again mmmm.
So I said to just release the amount that the money I deposited would add up to, even if it was only 5000usd I don’t car I just want my money back.
I asked him if he knew who Joe Sacks is and he said there is no Joe Sacks working there, I then asked to speak to Cameron Carter who was speaking to me with Joe Sacks, he said he does work there and called him to the phone and then it sounded like there was some funny noises in the back gound and Cameron didn’t want to talk to me. So this Timothy kept asking me for money, I said too him that I wanted to speak to Cameron and then Timothy said that there is no Cameron Carter working there. I said BullSh*t he was just there to which he replied that he was just sacked for ripping me off. So I just told him what I thought of him and this Dot-Crypto and where he can shove it……. I don’t believe I have heard the last of it, they are just scum!
Beware of this DOT-CRYPTO as they will bleed you dry!
Yes they bled me dry and they wanted me to take out a loan twice they tried to do it so I told them to f***of I’m so glad I didn’t do it then they said they wanted $39,500 to release my money and I said no they are full of shit I kept all the emails and printed them all out plus all the transactions but still cannot get anyone to help me get my money back
(1/5)
Absolute scum scammers all of them! Their names change but the fraud always continues. Don’t ever be conned by them as they will steal everything you have. I could write for an hour but just don’t touch these South African (accents are strong) lowlifes. They need a bullet to the head!
Zero
These scum are at it again. They have changed their name slightly to “dot-cryptoLTD. Same thieves, received an email claiming they needed to arrange a time to return my monies that were stolen. Couldn’t wait to give them my worst rant! They didn’t call back, strange actually so I wait to give them my worst. Archie and Michael rot in hell. Do not touch these scum!
These lot are scammers, liars, thieves. I have had a similar experience as every other person who have posted a review. Johnathon first asked me to put in $350.00 in. Then he handed me on to Tony who pressured me into putting a further $1000.00 in. I enquired about how much I had in my account as I couldn’t access any details. Tony stated that I had $4000.00 in my account. Then he handed me over to Christian who stated I was only a small fry & I needed to invest more. I stated that I wasn’t going to add anymore until I saw how it would go. I asked for my money to be transferred back into my bank & he told me I would get my money back when it suited him if ever. He got angry with me & was abusive so I hung up.
Then I received an email from Andrew Brooks saying that regulations specify that my bitcoins need to be sent back to my wallet. I emailed him back to arrange a phone meeting. He called back & then put me through to Graham who suggested I deposit $19000.00 into the account for the liquidation fee & then they would deposit $126919.11 into my account.
When I told him I didn’t have that sort of money he told me that if I didn’t pay it into the account straight away they would take legal action. We now have cut all communication off from them & wished I had never had anything to do with them. SCAM SCAM SCAM !!!!!!!!!