• URL of Scam: cempgroupro.com
• Type of Scam: Fake MLM (Multi-Level Marketing) Scam
• Amount Lost: $16,540.00 USD (in BTC)

Victim Description:

The victim fell prey to cempgroupro.com, a fraudulent platform posing as a legitimate MLM investment opportunity. The victim made multiple Bitcoin deposits, totaling $16,540.00 USD (in BTC), expecting high returns through recruitment-based profits. However, after making the deposits, the victim was unable to withdraw any of the funds. The platform blocked withdrawal attempts, suggesting this is a typical MLM scam designed to take advantage of investors by promising high returns in exchange for recruitment, while ultimately stealing their cryptocurrency deposits.

Cryptocurrency Addresses Used:

BTC Wallets:

• 341Q4JasPgoZ99GEubaN9dE87WEk72p1Rh (deposited 0.026 BTC for $709)
• 3Myo1KHnyC8AsbGjQBzcz3snak9S9MDL25 (deposited 0.0649 BTC for $1,967, 0.0347 BTC for $1,060, 0.14246 BTC for $4,403, 0.06483 BTC for $2,023, and 0.14584 BTC for $4,407)
• 15TWW1zc1qfmbaJxohZW9ekoBebGGoEyYg (deposited 0.02897 BTC for $885)
• G5zY5wdWkQWo1EPmgd5r4isUNVaDP85oA (deposited 0.06634 BTC for $1,997)

Scam Overview:

The victim lost $16,540.00 USD (in Bitcoin) to cempgroupro.com, a fake MLM platform. The victim was lured into investing with promises of high returns from a recruitment-driven scheme. After making multiple Bitcoin deposits, the victim discovered that withdrawals were blocked, which is a common tactic in MLM scams designed to extract money from investors without providing any legitimate returns.

Conclusion:

The victim lost $16,540.00 USD to cempgroupro.com, a fraudulent platform operating as a fake MLM investment scheme. The platform locked withdrawals after receiving Bitcoin deposits, a classic sign of an MLM scam designed to take advantage of unsuspecting investors. The victim should take immediate action to report the incident and explore legal avenues for recovery.