GSG Forex in Hong-Kong is a scam

I was contacted by GSG Forex via Facebook.

I invested some money.

The trades were "supervised" by one of their employee and all the trades were successfull.

When I wanted to withdraw the funds, they asked me to pay 10% of the margin.

I paid it.

After that, they said that the Hong-Kong Taxe Bureau blocked the wire and that I had to pay 5% of the total amount of the wire as taxe.

I know I will never see my money again.

GSG Forex in Hong-Kong is a scam

Dear Investor,

We understand the distress and frustration this issue has caused you. GSG Forex was offering financial services through forexgsg.com, a currently unavailable website flagged by the Hong Kong Securities and Futures Commission (HK SFC) as unlicensed. We have marked GSG Forex as a scam.

These fraudsters initially give the impression of smooth and lucrative trades to lure victims into trusting them and investing more money. Once investors attempt to withdraw funds, their true colors are revealed, typically using tax fees or other additional requirements to drain clients' pockets.

We suggest you gather evidence and report the scam to your local authorities. In your country, you may lodge a report with the Autorité des Marchés Financiers (AMF). We also encourage you to file a complaint on our platform at https://www.brokersview.com/complaint. Our dedicated team will thoroughly review your case and work diligently to help you find a possible solution.

Above all, beware of recovery room scams, where unsolicited messages claim they can recover your funds. These are scammers whose only intention is to defraud you further.