Scam URL: catycoin.com
Alternate URL: app.catycoin.com
Contact Email: support@catycoin.com
Scammer Location: Denver, CO- 80202
Victim Location: OK, USA- 74145

Scam Details: A fraudulent crypto investment site, Catycoin, targets investors. Victims are initially allowed to withdraw funds but are later denied further withdrawals. One victim reported a loss of $5000, with $59k still trapped in the account. Deposits were made through a crypto wallet. No contact number is provided on the site.

On June 9, 2024, the following complaint was posted on Trustpilot:

It is a fraudulent site. Once you place money in it, it’s gone. They might return a small amount to gain your confidence and then steal larger amounts. The currency you see in your Catycoin account is fake. Stay away from crypto trading groups, as they show you an easy income from placing trades on nonexistent crypto but are only here to steal your money.

On Reddit, a user shared a story about their aunt being scammed through a WhatsApp group run by “Professor Mark” and “Jonnae.” The group persuaded her to download the CATY co app and a crypto app like Gemini, deposit $6000, and transfer it to CATY co. After following trading signals and making trades, she faced issues withdrawing funds and had her account suspended. The scam occurred through the website app.catycoin.com.

Other users in the thread discussed similar experiences and warned against attempting to recover funds through dubious services. Some posts recommended recovery services, while others flagged them as scams.

If Catycoin or similar sites have scammed you, please share your experience.