Scam Type: Investment Scam
Scammer’s Website: Sczesw.com

Scammer’s Contact:

WhatsApp: Manager David – (929) 639-0901
WhatsApp: Mandy Clark, Assistant – (609) 839-1738
Address: 315 Park Avenue South, 18th Floor, New York (likely fake)

The scam started with an Instagram ad featuring Elon Musk, promoting a Bitcoin investment opportunity. It led the victim to open an account on Sczesw.com (Gemini Pro) and begin trading.

Initially, they deposited $200, traded with a “senior analyst,” and saw a small profit.

Encouraged by the results, they kept trading and paid small commission fees, building their account balance up to $1,000.

They were then invited to a “group trade,” where their balance supposedly grew to $32,000. To withdraw, they were asked to pay a $9,360 commission. They complied.

Their first withdrawal of $200 went through via Cash App—just enough to build trust.

But when they tried to withdraw $2,000, they were told they didn’t follow the “correct steps.”

The scammers then demanded a $4,700 deposit to “unfreeze” the account.

After that, they were hit with more excuses: Blockchain delays → Deposit another $4,700.

Credit score below 80 → Deposit another $5,000 to avoid further penalties.

Still no withdrawal. Now, they’re being told to deposit even more or wait 240 days for their money.

Red Flags in This Scam

• Fake celebrity endorsements (Elon Musk was NOT involved)
• Too-good-to-be-true profits
• “KYC verification” is used as a trust tactic
• Small withdrawal allowed at first to lure victims deeper
• Constant extra fees and conditions to access funds
• Blaming “blockchain delays” and “credit scores” (which have nothing to do with withdrawals)

If you’re considering investing in crypto, beware of websites like Sczesw.com that require deposits to withdraw funds. Legitimate platforms NEVER demand additional payments for withdrawals.

Have you been scammed by Sczesw.com or a similar platform? Share your experience below.