Sipho, a delivery driver in Cape Town, joined a free Telegram “signal group” that funnelled members toward one specific platform to “act on the calls fast.” Early small wins were posted constantly to build momentum.
Where it went wrong
A coordinated “big call” had members buying in while the organisers sold. The platform then stalled withdrawals as the position collapsed. The group’s endless profit screenshots were the bait; nobody ever posted a successful withdrawal.
What we did
- Captured the group’s call timeline and Sipho’s matching deposits.
- Traced deposits from the platform to two cash-out wallets.
- Engaged the receiving exchange with the coordinated-pump evidence.
- Filed card disputes for the portion funded by card.
The outcome
The card-funded share was largely recovered; the crypto sent directly was partially traced and frozen — 61% back in total. The biggest red flag, in hindsight, was a free group pushing one specific broker and showing only wins, never withdrawals.
If a “signal group” or “trading mentor” steered you to a platform that’s now stalling your withdrawals, tell us what happened. Browse flagged platforms in our Scam Brokers directory.