Overview of the GoldenSphereAgency Scam

GoldenSphereAgency has been dubbed a fraudulent trading platform. Traders have raised concerns about the platform’s deceptive practices and noted the significant financial losses they incurred because of their interaction with the platform. Victims who engaged with this platform reported its sophisticated scam techniques and relayed how GoldenSphereAgency used tactics to extort funds under the false pretense of investment opportunities. Victims also reported that this platform withheld their funds indefinitely.

Case 1: GoldenSphereAgency Trading Scam with False Promises

A victim recounted how they were lured into investing with GoldenSphereAgency. The individual placed an initial deposit of CAD $3,000 through Kraken. They were then instructed to deposit additional amounts of CAD $4,000 as ‘proof of liquidity’. The platform told the victim that they needed to make the subsequent payments to unlock a pending balance. This technique, of repeatedly demanding more funds to access a substantial amount of money (in this case $21,600 USD), is a typical strategy used by scammers. It is a manipulative tactic used to lure victims. The total financial loss incurred by this victim totaled $5,500.  When the victim tried to verify the validity of the ‘liquidity proof’ claim, they started to doubt the legitimacy of Goldenspehereagency. However, the platform continued to provide the victim with persistent misleading communication.

Case 2: Withheld Funds and Non-Responsive Communication

In an additional incident, a victim attempted to withdraw money from their account (a total of $3,000 USD) with Goldensphereagency. The victim tried multiple times to withdraw the funds. They tried to connect via official GoldenSphereAgency emails, including support @goldensphereagency.com and plaintes @goldensphereagency.com. However, the responses from the agency were either evasive or non-existent. This extended delay and non-responsiveness points to a planned delaying tactic, intended to prevent the recovery of the individual’s funds. Several individuals within GoldenSphereAgency, including those adopting the names Maxime Xander and Eliot Meshulam engaged in these conversations.

Case 3: A Pattern of Small and Large Deposits

A victim told their experience of depositing an initial CAD amount of $250, which they used as a test investment. The individual then followed up with a larger investment amount of CAD $2,500 which they transferred using Interac (which was facilitated by the cryptocurrency platform called Ndax). Regardless of these deposits, the victims repeated requests to withdraw their money were ignored. This model of encouraging small, trust-building money amounts, followed by substantial investments prior to withholding access to the funds in the account, points to a calculated approach. This case highlights Goldensphereagency’s fraudulent strategies, including unfulfilled guarantees and silence from the scammers (who went by the names of Eliot Meshulam and Joseph Mason).

GoldenSphereAgency Analysis of Scamming Tactics

Goldensphereagency’s way of operating includes a web of representatives and contacts who coordinate their communications to delay responses and conceal information. These tactics make it difficult to hold the platform accountable. The victims’ stories and reported interactions reveal a scam that leverages sophisticated excuses including liquidity proof or pending withdrawals. The scam also deliberately exploits users’ trust and appears to be well-organized. These behaviors align with broader patterns displayed by scammers in the trading industry, whereby several representatives might interact to uphold the illusion of validity.

Goldensphereagency and TrustPilot

Negative reviews on Trustpilot regarding Goldensphereagency indicate several user concerns, primarily around its responsiveness and transparency. While the agency responds to some negative feedback within 24 hours, many reviews suggest issues with unfulfilled services, potential communication gaps, and doubts about the company’s legitimacy due to limited verifiable information about its credentials and address. On October 8, 2024, Jason Van Dusen wrote a review about GoldenSphereagency on TrustPilot, noting, ‘I invested money with this company. They took my money and then ghosted me.’

Other individuals have written similar negative reviews about the company, for example:

Goldensphereagency Review Conclusion: Warning and Protective Measures

The combined experiences of the victims, which resulted in losses ranging from CAD $2,750 to CAD $5,500 and exceeding $3,000 USD, underscores the severe impact of these fraud scams. GoldenSphereAgency illustrates how fraudulent trading platforms operate, namely by developing the appearance of engagement without fulfilling their promises.

Potential investors must show extreme caution, verifying the authenticity of trading platforms and avoiding any situation where “proof of liquidity” or additional deposits are demanded for account access. Regulatory authorities and platforms like Kraken and Ndax should remain vigilant to detect and mitigate such fraudulent activities.

If you think you have been scammed by GoldenSphereAgency or another financial scammer, report the platform and issue straightaway to a cyber forensic expert company and secure your accounts immediately.