I was scammed

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2 years ago
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I wanna share my most recent experience on an investment scam. To share awareness. To begin with If you are familiar with Tether Muyan66 an investment scam operates in the Philippines around March 2021 to June 2021. This is where you need to download the tether Application where you are going to place your bet as advise by the Coaches from their so called teacher. Minimum investment was $20 or 1000 pesos. The promise was to earn 5 percent income each day and that was around $1 or 50 pesos for $20 investment, and this if you follow the betting plan. If you can see it is just a minimal amount when you are betting from 12 p.m to 6 p.m or 6 hours simultaneously. It does not look like a scam. To continue with they have the 7th Betting plan designed based on your investment. Picture below is the sample of a betting plan.

Sample Betting plan

You just need to follow these betting plan everytime they send advises. Advises are normally where to place your bet. The options are normally small and big then you need to place your bet based on your plan. Advises reaches 1st advise and it normally wins at the early hour. Sometimes reaches 4th advises and it still won, but only if you follow your betting plan you will gain and no losses. Plus They say if you follow your betting plan incase that we have reached the 8th advise and still lose they will compensate the investor with the full amount. Thats promising isn't since they say player are insured. At this rate I did not think that this was scam because I tried withdrawing my earning. Someone told me that to test if the particular investment was not a scam try withdrawing your funds if you successfully withdraw then it might not be scam. As expected withdrawal successfully takes place. Thats the time I started inviting my siblings since I thought it was a win win and it could help in terms of financial.

Sample of a Tether Muyan66 app

In every successful invitation if ever that they invested and place bet then you have an additional earning especially if they also won on their bet. This encourage me to invite but since I have been a victim of other investment scam I only invite two of my relatives and I always tell them that once the money double secure your income. Muyan66 become known to many and many invested. Some sold or pawned their important belongings just to invest. Others owe money on a lending company and most used their savings just to invest. Some really earned and secure their investment but the moment of truth.

Google lens to translate my screenshot

They issued an advise that withdrawal is freeze until 6 p.m on the next day. They say that to regulate the betting they have applied permits to operate. They keep on posting on telegram channel that please be assured that they will be back on operation. And thats was a lie. We have waited nextday still betting takes place but on that day at around 9 p.m everytime that we access the application you will see chinese character. I instantly search the meaning via google lens it says app not found. That time I was certain I was scammed. Then they posted on the channel that the application was hacked by a professional hacker and take all the money that we invested. It is an obvious lie. Many cried and got angry to what happened and the worst there are reported case that committed suicide right after the incident. Some lost their lives. A supposed to be promising fortune turns into a disaster. I hope this will serve as a reminder please. If the promise is too good to be true we rather not invest. Invest with your own capability as much as possible never rely on people who promise good to be true fortunes. If you want to invest or trade there are so many tips posted on youtube you can review and try to follow their advise and remember Invest what you can afford to lose.

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2 years ago

Comments

Sorry for what happened maam. Scammers is everywhere po talaga. Kaya ako takot din po ako sumasali na may mga doubts ako.

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2 years ago

So true po , good thing po na hindi po kayo basta basta sumasali. Kasi tulad samin pinatikim lang kami ng withdrawals we ended up loosing more.

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2 years ago

Yes po maam kasi na scam na din ako dati buti hindi malaki ininvest ko nun.. bigla nalang nawala, mag withdraw na sana ako nun tas biglang nag under maintenance then hindi na bumalik..

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2 years ago

I have encountered this before and I was doomed to the extent that my account was hacked

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2 years ago

Scammers are trully heartless imagined your hard earned money on your saving account was hacked by them. I feel Sorry for what happened to you too.

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2 years ago

Sorry you lost money. The first rule I follow is to never invest in anything online, and second, to never fall for something that sounds to good to be true.

If I were you, I'd contact DTI and the NBI to report the site.

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2 years ago

We reported it to NBI and office of the President we emailed already and I heard di lang po sa Philippines nagkaron ng ganitong investment scam nagkaron din sa Honkong. Wala din po nangyari.

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2 years ago

The wheels of justice are slow.

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2 years ago

Yes thats true, thats the sad thing here though many are reported and complained the incident to the authorities we still cannot get justice.

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2 years ago

Correct. Some times its because big money tied to the government is the cause and are protected.

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2 years ago

This has happened to me many times, so we have to be very careful. Because scammers are everywhere.So we have to see and hear well before investing.

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2 years ago

I see it seems that many are victim of different scams. Thanks for the reminder nextime I will be careful before investing.

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2 years ago

Hirap talaga sa panahon ngayon. Kaya ayoko na sa mga invest invest talaga 🤧

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2 years ago

Sobra mare naawa ako dun sa mga kasama namin na ininvest pati pang birthday ng anak nila saka yung ipon nila. Buti na lang wala akong pera kaya halos 2000 lang nawala sa akin compare sa iba 100 thousand to million investment.

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2 years ago

uh-oh...scammers are everywhere so we really need to do a background check before we invest

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2 years ago

You are right being careful and making reviews before investing is what we need to avoid being scammed. Thanks for reading.

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2 years ago

correct...dapat doble ingat lalo na kung maglalabas ka ng puhunan

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2 years ago

Yes sis lesson learned din sakin to. And hope this may spread awareness sa mga nagbabalak man invest incase na magkaron ulit ng ganitong investment scam.

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2 years ago

yeah..luckily di pako nabiktima ng mga ganyan

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2 years ago