I went to the homepage first to look for a Acquirer who supports High Risk Merchant. on the first looks they do.
Filled the formular. Then it started...
I got a message from a number from the netherlands (no glossar on their side)
He replied Hi, didn´t told me where he was, just assuming I know it from the [removed by editor] picture.<br />
Asked about the business, wanted a Business Questionare - so far allright.<br />
Then he wanted also the 3 Month processing history. That is also common, otherwise you need to have a business plan.<br />
Now is the moment you get a contract, rates, sign up at a page and do the KYB /KYC compliance.<br />
BUT that person wanted to have all the documents even before. He wrote:<br />
<br />
"Hey, Its under review, the approval team is working on it , I'll let you know once I got nay update for them<br />
I'm gonna meet the acquirers today , hopefully I'll get the rates.<br />
Please share the UBO documents"<br />
<br />
And that started me thinking. UBO (Ultimate Business owners) was filled out in the questionaire.<br />
<br />
The after half a day I asked him where are we and he responded:<br />
<br />
1[removed by editor]pany Registration Papers<br />
2. ID proof (passport/driving license)<br />
3. Add Proof (utility bills)<br />
4. Processing History<br />
5. Latest Bank Statement<br />
6. Domain Ownership Proof<br />
7. Business Questionnaire (Attached)<br />
8. Incumbency certificate<br />
9. MOA/AOA<br />
I need these<br />
you have shared BQ and PH<br />
please share what you have<br />
<br />
That was the moment I knew it is 100% SCAM<br />
I was not willing to continue and he pursued even more:<br />
<br />
"Well, We are only dealing with high risk merchants, but to get rates it takes some time as I said I'm gonna meet them today. Also we do not have fixed rates for everyone Ben so please be patient and be assured that you files has been approved , I'm just waiting for the rates.<br />
an yes ,as I said It's approved ,just waiting for the rates and those docs were needed so that I can negotiate with them"<br />
<br />
I told him that I have another Acquirer who approved me and gave me rates already and he asked whats the percentage is like and -<br />
<br />
"Let me tell you one thing , we only charge on successful transaction<br />
And we handle the charge backs upto 5%"<br />
<br />
- continued. so don´t do it.
This is a good scam dont do it.
So first you have a telegram Whales Signals 100x (and [removed by editor] where you put in a specific time money all together to pump it and then sell.
you have to make an account at xeoko[removed by editor], with verification of which looks legit.<br />
btw they dont reply on the support email and the homepage is pretty new!<br />
then you put funds in and then the scam starts!<br />
I sended 0.23 btc to that adress (36E23ptKNmqNmQtfXxSqCpwkEiLi46cZuK) of which should be my wallet at the exchange but it went to that adress:<br />
https://mempool.space/address/bc1qvs3u8t9sntrkde38453lcvrqk4969kc0ma7gn7 and finally here: bc1q0z8ff5dckhp7wgzx3eu03x52xwfneq7nr7und0<br />
<br />
The wallet where it was supposed to it never went!<br />
(3F5vXqYZRKx2jcWLHKJzCdhtMw3hjL4u1V)<br />
<br />
Thats for the btc<br />
after the day i went from 6k usdt to 130k usdt i wanted to withdraw and had to send 1500 USD in eth erc20 to my xeoko account to "verify". blinded from whats in I sended the amount to my account <br />
https://etherscan.io/address/0x4f81e0251ed36e0269238b7d253d01cea37087ca<br />
but you see it got withdrawn immediately to that account<br />
https://etherscan.io/address/0x56b217cc582e19b3ca933fd411e85ca7def68445<br />
<br />
in their Terms of use (https://xeoko[removed by editor]/terms)<br />
<br />
<br />
Users with a balance of more than 1000$ must activate the Premium status. In any other case, their balance will be frozen until the premium account is activated.<br />
<br />
6.1 Users with a balance of more than 30 000$ must activate the Vip status. In any other case, their balance will be frozen until the premium account is activated.<br />
<br />
Deposit for purchasing premium status and insurance payment should be done by one payment.<br />
<br />
To use the procedure for withdrawing funds from your account, the user needs to verify the wallet for withdrawal.<br />
<br />
So they want another 3k usdt or 0.111 btc but didnt said yet to which account.<br />
Guys this is so much of a scam wend we got blinded by profit.<br />
<br />
SCAM STAY AWAY!<br />