The following is a message sent by Mercatox online customer service to withdrawal investors:
Hello! Your payment amount is 419306.72 USD. According to Canadian personal income tax regulations, you need to pay 15% of the corresponding tax amount to make the payment
Regarding this requirement, investors asked in response, "Why didn't you withdraw $5000 last time
Mercatox states that "in order to provide a better investment environment for investors, all investors have a one-time personal tax-free limit of 5000USDT
A common saying of Aihuicha is: "No matter what fees are charged by the platform when withdrawing cash, it indicates that the person entering is a fraudulent platform. The fees claimed include but are not limited to deposits, unfreezing deposits, operating fees, and taxes.
Mercatox users are unable to withdraw cash
Mercatox has received multiple complaints this year, and claiming taxes is just one of its mottled misdeeds. Let's see what other victims have encountered on it:
The victim L posted an exposure post online titled 'This Mercatox is a scam black network'. He said in the post: "I was deceived by a pig killing scam and couldn't make any money out of it. I even encouraged borrowing to continue investing, but I was hacked if I didn't fall for it again in the future.
Want someone to borrow and invest? This is a vicious scam like killing a pig. They not only want the victim's savings, but also want the victim to bear a lot of debt for it. When they spend their victims' savings and loans indulging in extravagance or purchasing luxury goods, the victims have to work hard to support and repay their debts!
The third victim, like the first victim, was also called upon to pay taxes. However, he paid the "tax" as required due to his unwillingness to give up the principal, resulting in a second round of collection - paying a deposit.
Mercatox's fraud tactics are very comprehensive. On March 17th of this year, a complainant claimed that he had been scammed by the Mercatox black platform for over 100000 yuan. He claimed to have been fooled into this platform at the time, and by the time he realized he had been scammed, the funds could no longer be raised. At that time, Mercatox sent him the reason for the failure of the withdrawal application:; The system has detected an error in the personal information of this account, and it is suspected that the account was not operated by me. It has now undergone secondary risk control. The withdrawal initiated by Huiyou and the repeated confirmation of personal information by Huiyou do not have any problems. The problem is that Mercatox does not offer the money.
Aihuicha attempted to log in to Mercatox based on platform screenshots provided by several Hui friends, but fortunately, the website is currently unable to be opened on both PC and mobile devices. Even so, Huiyou still need to be wary of its comeback.
Ai Hui Cha Reminder:
From Mercatox's behavior, it can be seen that scammers like to catch a fat sheep and then pull it up. As long as you invest in gold, they don't want you to contribute; I will also find various reasons to deceive you into going bankrupt and being heavily in debt. Ai Hui Cha reminds investors that once they are asked for inexplicable fees by the platform when withdrawing cash, they must not hesitate to give up the principal, but to make a decisive decision and immediately collect evidence to report to the police.
