Cryptoguru – also known as Crypto Guru Global – is a fake crypto platform that works in conjunction with a scam trading service that dupes victims into depositing large sums before locking them out of their account.
The sites are designed in a reasonably professional way to the extent that they could fool the casual visitor, but delve a little deeper and it’s clear that there’s no substance to the content.
The person who contacted PawProfitForum Team about Crypto Guru wrote:
“I have sent Crypto Guru £7,500 to invest in Bitcoin. As Bitcoin has gone up they want an additional £2,500 to pay the tax owed or they will keep my money sent from my bank account.
They are in touch with me on WhatsApp. This has been ongoing for a while. I am loathe to send them any more money because I have received nothing back from them.”
Demanding additional payments to release funds is classic ploy of scammers, including those involved in pig butchering crypto scams.
Once the victim is already heavily invested in the scam, and possibly shown fake profits as well, the scammers claim that payments such as taxes or commissions are required in order for them to send the victim their money.
But this is just another ruse to extract more money from the victim, who will not see a penny of their cash no matter how many times they pay the scammers to release it.
How to tell Crypto Guru is a fake platform
The design of this site isn’t too bad compared to some scam sites out there, but the devil is in the detail.
If you start clicking around the various links you’ll find they’re either dead or they lead to short sections of generic content that is probably scraped from other sites.
Here are a few other giveaways:
- The platform claims to be the world’s number one broker with 10 years of experience, yet the website was registered just a few months ago.
- The App Store apps lead to a trading platform download that’s marked as a scam by the majority of users.
- No details about the company, the team behind it or any regulatory information appear on the website.
- The ‘Legal Documents’ page is blank, aside from a sign up form.
- The contact addresses are completely fake. The London address is actually for Television House, the former home of the BBC.
Crypto Guru is without a doubt a scam and any money you deposit here will be stolen.
Is it possible to get money back from Crypto Guru?
Unlikely, but it’s always worth telling the police what’s happening in case it leads to a larger case. Don’t pin your hopes on getting your money back though as this is notoriously difficult.
There are private companies that might be able to help you track down your missing cash or crypto that I’ve written about here.
Have you had any experience with this platform? Kindly share your thoughts in the comment section to help others stay informed and safe.