A new scam alert has been raised regarding the website softwareag-website.com, a fraudulent crypto and forex trading platform that promises high, unrealistic returns on investments. After analyzing user reports, it has been confirmed that individuals have lost significant amounts of money, with one reported loss totaling $34,974.00. The platform lures users with promises of substantial profits from both cryptocurrency and forex trading, but once the funds are deposited, victims are unable to withdraw their earnings.

Transaction Details

The reported fraudulent transactions provide a clear picture of the scam’s operation. Below are the details of the transactions that led to the loss:

• USDT: 2,485.13 transferred to wallet TRXFsEB81qiARFNQqC6k69gdMHmzADQY1r
• USDT: 799.00 transferred to wallet TRXFsEB81qiARFNQqC6k69gdMHmzADQY1r
• USDT: 2,030.78 transferred to wallet TRXFsEB81qiARFNQqC6k69gdMHmzADQY1r
• USDT: 1,713.95 transferred to wallet TRXFsEB81qiARFNQqC6k69gdMHmzADQY1r
• USDT: 550.00 transferred to wallet THTrdpTnyDAbE26ijB8hQkvpRrKz3MzqAD
• USDT: 479.00 transferred to wallet THTrdpTnyDAbE26ijB8hQkvpRrKz3MzqAD
• USDT: 244.00 transferred to wallet THTrdpTnyDAbE26ijB8hQkvpRrKz3MzqAD
• USDT: 700.00 transferred to wallet THTrdpTnyDAbE26ijB8hQkvpRrKz3MzqAD
• USDT: 500.00 transferred to wallet TXkwddWeMxkf1njWxNw8sU9RX8gVrBuF98
• USDT: 500.00 transferred to wallet TXkwddWeMxkf1njWxNw8sU9RX8gVrBuF98
• USDT: 150.00 transferred to wallet TXkwddWeMxkf1njWxNw8sU9RX8gVrBuF98
• USDT: 7,306.00 transferred to wallet TX26Xw3q9hpup2kMuHqZhbS6VngYdKbS1A
• USDT: 3,350.00 transferred to wallet TX26Xw3q9hpup2kMuHqZhbS6VngYdKbS1A
• USDT: 1,642.00 transferred to wallet TX26Xw3q9hpup2kMuHqZhbS6VngYdKbS1A
• USDT: 800.00 transferred to wallet TX26Xw3q9hpup2kMuHqZhbS6VngYdKbS1A
• USDT: 750.00 transferred to wallet TKJpLPg99ET5Ny8gCDWGa9dYRSRk9JoJvc
• USDT: 650.00 transferred to wallet THTrdpTnyDAbE26ijB8hQkvpRrKz3MzqAD
• USDT: 500.00 transferred to wallet TNgqLcho9V1Dzs2gQHWxDVpYMf3VkNEYQ8
• USDT: 500.00 transferred to wallet TNgqLcho9V1Dzs2gQHWxDVpYMf3VkNEYQ8
• USDT: 100.00 transferred to wallet TNgqLcho9V1Dzs2gQHWxDVpYMf3VkNEYQ8

How the Scam Operates

As shown by the wallet addresses listed, these transactions are part of a broader scheme to funnel user deposits into accounts controlled by the scammers. Despite claiming to offer profitable trading opportunities, softwareag-website.com does not provide any real trading activities or returns on investment. Instead, the platform simply takes the money and denies users access to their funds.

User Protection & Prevention

If you have been affected by this platform, it is strongly advised to report the incident to relevant financial authorities and seek legal guidance. Always perform thorough research and caution when considering online investment platforms, especially those that promise “too good to be true” returns with little to no verification.