Do not be fooled by h5.babylonreport.xyz, This crypto platform is run by scammers, and you’re likely to lose money if you use it. Some users have reported initial withdrawals but don’t be deceived, the scammers will eventually block you from getting your money. Your account might seem to grow quickly, but you’ll have trouble withdrawing your funds unless you pay more fees. And even if you pay, you still won’t get any money.
How They Lure Victims
The scammers use Facebook ads to attract people with promises of profitable crypto investments. They invite you to join a group where they claim you’ll get expert advice. Once you’re in, they direct you to log into a specific website.
Inside the WhatsApp discussion groups, the scammers control the website and manage the money. They create the illusion of being led by knowledgeable experts and friendly assistants to gain your trust. The goal is to trick you into investing and paying fees while controlling the funds and preventing you from accessing your money.
Red Flags of The h5.babylonreport.xyz
- Dishonest Promises: Scammers make false claims about high returns on your investment.
- No Withdrawals: They make it impossible to withdraw your money, even if your account grows quickly.
- Withdrawal Fees: The website requires you to pay extra fees to access your funds.
- No Returns After Payment: Even if you pay the fees, you won’t receive any money.
- Blocked Access: They block you from accessing your account once they have your money.
What To Do If You Fall For The h5.babylonreport.xyz Scam
Cancel your credit card
Immediately call your financial provider and cancel your credit card. By so doing, the credit card details you used for your transaction would become null and void.
Request for a new card
After the old credit card has been canceled, ask for a new card, it doesn’t cost much to get one. Your credit card issuer will issue you a new one with different numbers.
Report the Fraud To Relevant Authorities
Report the scam to relevant authorities and organizations. This includes:
- Internet Crime Complaint Center (IC3): If you are in the United States, you can file a complaint with the IC3 at https://www.ic3.gov/.
- Your Local Consumer Protection Agency: Contact your local consumer protection agency or the equivalent regulatory body in your country.
- Better Business Bureau (BBB): File a complaint with the BBB if the online store is based in the United States.
Also read: Beware of “Free Bitcoin” Offers on Bicrona.com
Samantha