Ehcfq Top is a scam crypto investing DApp that’s being used to steal funds from would-be investors.
Victims are lured in after being messaged via various social media apps, often by people purporting to show a romantic interest in them.
As the chat progresses, the person will casually mention crypto investing, possibly linked to a relative, leaving the door open for the victim to ask about it.
They’ll explain that their relative is making easy money by investing in the Ehcfq Top platform which claims to offer various crypto-related products.
The victim will transfer money over and initially see their profits grow quickly. The’ll also be given a link to a social media group which apparently shows other investors having significant success as well.
However, if the victim tries to withdraw their money they’ll find their account blocked.
The scammers will ask for a fee to paid to release the funds, often citing ‘taxes’ or ‘commissions’ that need to be paid first.
However, these extra charges are just another way for the scammers to extract more money from the victim.
It’s worth noting that the other participants in the social media group are fake or bots.
Ehcfq Top scam warning signs
There are various red flags that give the Ehcfq scam away including:
- A very new domain name.
- An unsolicited approach via social media.
- Unrealistically high profits.
- A lack of transparency and information about the platform.
- No real explanation about how the profits are generated.
- Warnings online that this is a scam platform.
There are also private companies that might be able to help which I’ve written about here.
Have you had any experience with this platform? Kindly share your thoughts in the comment section to help others stay informed and safe.