Consumer complaint received 2023-01-12
Company: Foris DAX, Inc.
State: GA
Product: Money transfer, virtual currency, or money service
Sub-product: Domestic (US) money transfer
Issue: Fraud or scam

Complaint:
Good afternoon, I hope your day is going well. I am submitting this Complaint to inform CFPB that I have been a victim of an Investment Fraud Scheme and would like to File an Official Complaint on Crypto.com App with your Organization. On XX/XX/XXXX, I connected with a FINRA Licensed Broker by checking the Brokercheck.finra.org website for a Reputable License Investment Broker to provide a service for investing. The Broker 's name that I chose was XXXX XXXX XXXX. Her CRD # which CRD stands for Central Registry Deposit Number is XXXX. FINRA.org FINRA stands for Financial Industry Regulatory Authority provided information that she is currently employed with XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX KY XXXX and their CRD # is XXXX. Also, licensed as an Investment Advisor with XXXX XXXX XXXX XXXX XXXX-XXXX XXXX XXXX  XXXX XXXX TX XXXX and their CRD # is XXXX. She has a XXXX XXXX and XXXX XXXX. XXXX XXXX XXXX and I started conversing through XXXX XXXX. Her XXXX XXXX contact number is XXXX. Her email address is XXXX. We started conversing on XX/XX/XXXX up until XX/XX/XXXX. She sent me an XXXX XXXX. She stated that she trades for clients and takes XXXX percent of the profits she makes for her clients and clients can take their profits at any given time or she would advise re-investment. She advised me to set up a Crypto.com account. I had never used Crypto.com or ever did any kind of Investing. She would send me attachments with my name and showing the Trade Settlements with Amounts Invested plus Amounts of Profits on a weekly basis. Therefore, when it came time for me to take the profits, she informed me of another party that needed funds in order to get the profits. This company was XXXX and they sent emails in reference to what would be required in order for me to take the Trade Settlements. They informed me that Taxes would have to be paid and a Certificate was needed for the 1st Time Withdrawal Option for profits. I have been De-frauded out of a total of {$110000.00} which is all of my savings. I havent been able to eat nor sleep since my last communication with her on the XXXX XXXX since XX/XX/XXXX. I have all documentation that was involved with this broker. Please see below in reference to the breakdown of the monetary values involved. I have my bank XXXX XXXX XXXX involved in investigating the Scam as well. Please help to stop this broker from taking advantage of others now and in the future. PleasePlease.Please. I look forward to speaking with someone soon in reference to this issue. 
XXXX $ XXXX XXXX $ XXXX Transfer XXXX $ XXXX XXXX $ XXXX XXXX $ XXXX XXXX $ XXXX XXXX $ XXXX XXXX $ XXXX XXXX $ XXXX XXXX $ XXXX Also, as an FYIplease note that this Broker is still at these games. On XX/XX/XXXX @ XXXX am and because she has blocked me from contacting her through the XXXX XXXX. I had my son contact her acting like he wants to be a potential client and she responded to him. PLEASE HELP!!!! I reached out to XXXX XXXX XXXX XXXX by Certified Mail and Complaint and their Employee Relations Fraud Division returned my call on XX/XX/XXXX to Confirm that XXXX XXXX XXXX is an Active Employee as a Licensed Broker with XXXX XXXX XXXX XXXX but they were aware that a Fraudster was Impersonating XXXX XXXX XXXX. She stated that I was not the first person that this Fraudster has done this Too using the Crypto.com App and they were aware of this Issue. As a Consumer, I would like to see that the FINRABrokerCheck.org Website will include some kind of Alert that someone is impersonating this Broker as XXXX XXXX XXXX and provide WARNING of a Potential Scam Alert. 

Sincerely, XXXX XXXX

Company response to consumer: Closed with explanation