I recently fell victim to a fraudulent tax scam involving the website zacoin-if.com, which led to a significant financial loss of $62,699. The scam began when I was contacted by an individual claiming to be from a tax office, who directed me to this website. Under the pretense of paying required taxes for investments, I transferred substantial funds, only to realize it was all part of a well-orchestrated scam.

How the Scam Operated

• Impersonation and Trust-Building: A scammer posing as a tax official contacted me, convincing me that taxes were due on investments and needed to be paid through zacoin-if.com.
• Urgency and Pressure: The scam relied on creating a sense of urgency, pressuring me to make quick payments without verifying the legitimacy of the claims.
• Blocked Withdrawals: Once the payments were made, I discovered that the funds were inaccessible, and any attempt to contact support was met with silence.

Details of My Loss

Below are the transactions that resulted in my total loss of $62,699:

# ETH Transactions

• August 8, 2024: 0.012835506 ETH to wallet 0xc018d7e5c856f3f6324545ae53d7b6c6eeed3f28
• June 29, 2024: 0.01327 ETH to wallet 0xc018d7e5c856f3f6324545ae53d7b6c6eeed3f28
• April 7, 2024: 2.547133 ETH to wallet 0xc018d7e5c856f3f6324545ae53d7b6c6eeed3f28
• February 23, 2024: 1.00439 ETH to wallet 0xc018d7e5c856f3f6324545ae53d7b6c6eeed3f28

# USDC Transactions

• August 8, 2024: 7,990 USDC to wallet 0xc018d7e5c856f3f6324545ae53d7b6c6eeed3f28
• June 29, 2024: 16,492.46 USDC to wallet 0xc018d7e5c856f3f6324545ae53d7b6c6eeed3f28
• May 15, 2024: 10,196.7 USDC to wallet 0xc018d7e5c856f3f6324545ae53d7b6c6eeed3f28
• April 26, 2024: 2,428.782196 USDC to wallet 0xc018d7e5c856f3f6324545ae53d7b6c6eeed3f28

These transactions, among others, resulted in the complete loss of my funds, with no possibility of recovery.

Warning Signs

• Unsolicited Contact: Be cautious if someone contacts you out of the blue, especially claiming to be from a tax office or government body.
• Urgency to Act Quickly: Scammers often create a false sense of urgency to prevent you from thinking clearly or verifying their claims.
• Payments to Unverified Wallets: Legitimate tax authorities will not ask for cryptocurrency payments to unidentified wallet addresses.

Zacoin-if.com Conclusion

Zacoin-if.com is a fraudulent platform that exploited the pretext of tax payments to steal funds. My experience, resulting in a loss of $62,699, underscores the importance of verifying the legitimacy of payment requests, especially those involving large sums and cryptocurrencies.

Always double-check with official channels and avoid making payments to unverified sources to protect your assets.