I became ensnared in a fraudulent scheme commencing on January 19th, wherein I encountered an advertisement promoting an application named Trader AI, purportedly an AI-assisted trading platform. Initially, the app exhibited a satisfactory rating on the Play Store (since diminished to 2), as well as positive reviews on Trustpilot. Following the download from the Play Store, with a minimum investment requirement of $250, I promptly received a call from a broker who instructed me to withdraw $25, contingent upon possessing a Crypto wallet. Subsequently, persistent claims were made regarding a booming market, particularly evident through frequent emails and phone calls, asserting that a minimum investment of $5,000 was requisite to access all available options. Utilizing a temporary Visa card generated via the MBWAY app, an official application associated with my Caixa Geral de Depósitos bank account, I initiated payments (see attached transactions). Initially, the account balance surged, indicating profits. However, numerous open trades consistently yielded losses ranging from $3,000 to $4,500, rendering the actual balance (equity) perpetually lower than the invested sum. Attempts to seek clarification via email were met with evasion, as the respondent claimed ignorance and redirected the inquiry to phone calls. Moreover, assurances of low risk were rendered dubious when the account balance precipitously declined, ostensibly attributed to market volatility and corporate reports. Subsequently, I was coerced into investing an additional $1,500 (as documented in email correspondence) purportedly to safeguard existing profits. Contrary to earlier assertions regarding low risk, I was informed that losses were incurred due to a leverage system, wherein minimal investments could result in total loss, despite purported adherence to risk settings by the AI. Then, while the account balance stands at $5,000, the free margin has plummeted below zero, ostensibly precluding the possibility of withdrawal according to the platform's representatives.Then the so called manager presses to invest more money, to "save the account", while the ballance drops. I was able to salvage 1000$ from my 6000$ investement and I much regret my naivety. I keep receiving calls to reinvest, with promisses of a bonus and experienced trader. Well, if 1) it was unavoidable to loose the money, due to market fluctuations, and not the bot or broker's fault at all, how can they claim 2).the system is safe, very effective and if I invest I will receive my money? 1 and 2 are contradictive.Also it's all very fake, from changing location of call, to needing a crypto wallet to withdraw from the account. Stay clear from them
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