Cryptomusu is a web site offering investments in crypto currencies i.e. digital currencies such as Bitcoin.
Their way of working appears to be to be friendly and supportive of new clients then push them to invest heavily and if necessary borrow money to invest.
Typically, the investment grows initially then suddenly it goes wrong and all of the money is lost. Cryptomusu don’t care and don’t help and simply recommend the customer borrows more money to try to win back their losses.
The following is one of many bad reviews on sites such as Trustpilot.
UNDER NO CIRCUMSTANCES get sucked into this SCAM !!!
You will lose EVERYTHING. You will be encouraged to keep investing more money by any means they can, you will be promised some of your money will only be needed for a short duration of time (in days) and then returned but it NEVER happens.
You are not given all the information you need at all, eg you will need to close all your trades to be able to draw out money. You will not be told about SWAP, which swallows up most of your balance. You will have your account manager changed 2 or 3 times and when they finally realise you are not going to invest any further funds, you will be encouraged to open more trades and you will lose everything left in your balance. This company are aggressive and bullies, out to drain everything out of you that they can, whether that’s your savings or by using up your credit limits on your credit cards or BOTH !! Be warned, i wish i had checked them out more thoroughly first and read the BAD reviews on this site in my experience they are mostly TRUE !!!!
The company is registered in the Caribbean so effectively non regulated in the UK and although the FCA have been warning people against Cryptomusu, it is impossible to stop.
Cryptomusu is also associated with unitedmarkets4you.com, upperbrookstreet.com, cryptexmarkets.com and blockchainexchange.com.
Stay clear of these people and only use a registered broker with FCA registration to safeguard your investment.
If you have any experiences with crypto currency scams, do let me know, by email.
