None of Your Taxing Business | Back off Helius Capital!

Due to the significant amount of money involved, WikiFX would like to tell this story in as much detail as possible to allow our users to gain more exposure and knowledge about scam tactics like this.

The story begins here:

Anh met a Chinese man on an online dating site who guided her to begin trading the currency markets. He first guided her to use Cointiger Limited and then got her to transfer her funds to Helius Capital Limited.

Upon checking, WikiFX discovered that both Helius Capital and Cointiger are low-ranking platforms. They do not have any regulatory status and the license which they claimed to have is actually unauthorised.

Anh signed up with Helius Capital and deposited $222,000 from 24 June 2022 to July 2022 through various cryptocurrency platforms including Binance, Coinspot, Coinjar and Kraken .

Her funds went from 222K to 280K under the tutelage of that man in just 1 month. Then, she was asked to continue deposit more money by that man because he claimed that any account below 500K would be easily liquidated.

She did not feel comfortable. So, she decided to trade on her own, and finally when her account hit 591K, she tried to withdraw 30K. That was when the red flags started appearing.

Helius Capital rejected her withdrawal request and told her to pay a risk deposit of about 118K and received an email from Helius Capital that her withdrawal was approved.

Once she received that email, she tried to withdraw 10K but this time she was told to pay approximately 81K to the Singapore income tax bureau. At this time, she still did not have any suspicion. Once again, after the payment, Helius Limited told her that she could continue with her withdrawal as per usual.

Unfortunately, this round when she tried to do it the next day after the confirmation, they told her that they could not identify her within their system and needed her to pay 210K to verify her identity.

Currently, the official website of Helius Capital is unreachable and the customer service is not available.

That was when Ahn realized that she had been scammed and turned to WikiFX for help via our Exposure site: https://www.wikifx.com/en/exposure/detail/202209057292192500.html

We have reiterated this warning several times and we would say it again:

If in any circumstances a forex broker makes you pay extra charges or fees upon withdrawing your funds, it is highly probable that this is a fraudulent forex broker. Do not add more to your losses by any means by succumbing to their pressure.