• Crescovalabs

Overview

Crescovalabs.com has a rating of 1.0 star from 1 review, indicating that most customers are generally dissatisfied with their purchases.

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Thumbnail of user abhishekp71
1 review
0 helpful votes
December 1st, 2023

crescovalabs.com, 360foxlabs.com, sokiclabs.com they are all run by the same group of scammers. The way they work is that someone, perhaps a "real estate investor from Dubai" will contact you on social media like telegram, after some time they will tell you about this wonderful investment scheme which uses automated trading bots to generate profits, keep their share and gives you your investment in 2.5% daily payouts or 5% daily payouts which are locked in for 45 days. When you start with the minimum amount, the payouts of 2.5% are regular and for a few days they are deposited well, then you might be goaded by your new friend to try out the more profitable scheme of 5% daily payouts, which are locked in for "45 days", but eventually triple your initial investment. They even have a telegram bot which pretends to be trading and keeping track of your investment.
After a few days, they will run into some "problem". The stories vary, but could be something like "deposit addresses were hacked, don't worry your investments are safe, but you need to give X money for withdrawal fees". They will demand more money for "hurrying up" withdrawals, fake "non refundable deposit" fees for being "citizen of xyz country", but as you can guess by now, no money is ever sent back to you. In other cases they will pretend to put a "wrong address". In my case, they even did a successful test transaction to "confirm" funds are being sent correctly, but nothing after that.
They will claim loudly "Funds are sent" but never sent. I am yet to find someone online who can say that they got their money back. It is all an elaborate lie. Just avoid entertaining them at all. If anyone is promoting any of the above names, just block and report them on any social media.
If you are one of the "employees" of the company, I dare you to post a Transaction ID of the funds that you have sent, right here for everyone to see.

Tip for consumers:
Call the number listed to speak to someone, if they even pick up the phone that would be a good start. If you are already in, ask for proof of trades/transactions.

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