Description

This is a social media/online scheme involving this individual who goes by Arlene Shu or ShuRan. Person claims she’s based in Seattle, originally from Taiwan. She first reached out to me on IG, handle Arlene_yin_na, in late January 2024 and befriended me. In our first conversations she was very curious to learn my background and she soon gained my trust. She then begin to introduce me to an online trading platform, https://sxhjas-fx.com/index.html, to earn big money, claiming and sharing that she’s made profits and continuously persuaded me to invest. I gave in and began to invest heavily. After I initially earned a big return, I tried to withdraw but the platform consistently gave me problems and requested additional funds to be put in for penalties, taxes etc., Arlene was also consistently encouraging me to oblige, even asking me to hand cash to someone she arranged for me to meet up in NYC to help me resolve matters, I obliged, she insists this is very normal part of investing and that I must do so in order to protect my investments. She asked me to also wire transfer money into a friend’s account who would then transfer crypto into me investment account, I also obliged. The matters with the SXHJAS was never resolved and Arlene continues to reach out to me. I came realization to this scam scheme after my last communication on 6/23/24 and ceased communications with all parties. I suffers a heavy loss of nearly $800k and is in a deep financial crisis. Multiple complaints are being submitted to the SEC, CFTC, IC3, ReportFraud etc. I am confident Arlene Shu/ShuRan/RanShu is behind this scheme. Her IG account is filled with photo travels and luxurious life style. Please investigate this person and bring justice to all victims who suffered from everything she has done. I have also provided the Dropbox links containing all the supporting documents and evidences of how I was persuaded to invest, wire transferring money, arranging of meeting to hand over cash, etc. After fulfilling the penalty payments, the representative from SXHJAS stated my trading account has been fully restored to normal after being checked by their system and staff, and I can withdraw money at any time. However, they further stop me from withdrawing my funds from the account and continue to extort me for additional funding by stating "according to tax laws, eligible micro-profit enterprises, financial management enterprises, futures and foreign exchange investment enterprises, with total profits of more than 100,000 US dollars and profits commensurate with their business scale and investment, are subject to the requirements of the corresponding regulatory authorities in accordance with national tax laws. You should pay personal income tax at a rate of 15%." They further insisted that I must pay the 15% personal tax of my total profit of $498,230.67, which equals to $74,734.60, within 10 working days. Furthermore, they threatened that if I failed to complete the payment of the personal tax within the specific time, they will be report to the global credit system, which will affect my person credit. After researching online, I have found information from the Commodity Futures Trading Commission (CFTC), stating typically, legitimate brokers will deduct fees and commissions directly from my account, and not demanding more money to release my earnings and principal. Additionally, U.S. brokers will never withhold or collect taxes.