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Bitcoin - Binary Options Scam - Proflex Options (Buyer Beware)

This is an elaborate investment scam and you want to be very careful when it comes to trusting people you meet online. I was recently matched with a binary investor manager (scammer), while using a popular app for networking called, Shapr. I met a nice person named Peter McGuffey (ended up being a fake person), I mentioned I was interested in binary options and he recommended I sign up for a site called, site looked legit and had great reviews and you can see they put a lot of work to making the site appear reputable. I did attempt to do some research on the site via google, but I ignored the red flag that there was no established history of the site on search engines. I was willing to over look a lot of things because you have Peter who is in on the scam reassuring me with lie after lie that is legit and I have an opportunity to make good money. I've found a lot of the so called investment mangers lurking on this social media sites looking for unsuspecting people like myself to scam.

Basically the scam works like this, the scammer will seem very friendly and knowledgeable of binary options and if you invest as little as $350-$500 to start at the basic level you can typically see returns of 4k to 10k or more in as 7-10 days. The Scammer will only ask for 15% or 30% of your earnings when you cash out. So all you have to do is setup a free account with or a similar and make your initial deposit of $500 to fund your account. This allows the scammer to bid on high yields to maximize your investment. Keep in mind, I wanted to setup a call with the Peter first before making any type of deposit and he agreed which gave me reassurance that this was legit. When I spoke with Peter it was suspicious and I once again ignored the red flag that he sounded nothing like the guy in the picture. He had a slight accent possibly African decent, but was very charismatic and his english was not broken. After being convinced this guy was on the up and up I decided to move forward. Peter also reassured me this is completely legit (100%).

After making my initial deposit of $500 in bitcoin I was ready to allow Peter to start bidding for me. In a few days I was up $2700 with the weekend coming up and I was super excited. This is when scam started to unfold, I was told before hand that my account had to be vetted for 7 days before I can withdraw any funds. So even though I was up my initial investment I had to wait to cash out. By the time I was ready to withdraw, Peter had earned close to $7,000 and apparently this exceeded the amount you can withdraw at Basic level I started with a $500 investment. So in order to now to withdrawal any funds I would need to upgrade to the Silver tier and this would require an additional $1500. I immediately went off on Peter and let him know I thought this was a scam and I didn't have the money (which I didn't) to upgrade. I asked him to front the money and I would pay him back once I cashed out, I figured this would really see if this dude was willing to put some skin in the game too since he was again reassuring this was 100% legit and did not think I would exceed my winnings at the basic level. Well he didn't front the whole $1500, but was willing to cover 40% and I had to come up with the 60%. Keep in mind he is still bidding and now my total is now up to $12,000 ready to withdraw and I would get a $4000 bonus once I upgrade to silver. Of course, I was already $500 in and looking at $16,000 to cash out in 5 days or less I decided to borrow the funds from a family member and upgrade to silver.

I was continuously reassured from Peter that I would be cashing out and I had nothing to worry about and he looked forward to all the referrals I would be sending him. So I did pay the borrowed $900 and immediately after Peter paid his $600 I was now ready to start the withdrawal; or so I thought. As I goto the withdrawal page I noticed there is not an option to push Next or Done? Since the site has a live chat I immediately got the chat to find out what gives? After going back and forth with the person I'm told I need to pay the taxes on my earnings and not that my earnings are up to $20,000, my taxes would be $611. Well of course I said take out the taxes from the withdrawal, but conveniently I would have to pay them up front, because they can not remove from the earnings and in the past when they gave earnings to others, 90% of the people would cash out and never take pay their taxes. So in order for me to withdraw I would need to pay the $611. Now I beyond pissed, I'm cussing out Peter and whoever I chatting with on the site.

I'm realizing this more than likely a scam and I'm going to have to cut my losses, however I got more reassurance from Peter and thinking I could be walking away from $20,000 withdrawal I decided I would pay the $611, this was a huge risk and would put my checking account at negative. After having confirmation that the bitcoin was deposited into the designated bitcoin address ( which I double checked) I got on the chat to confirm they received the paid taxes and of course they said they did not see the deposit yet. After many days going back and forth if they got it or not (the transaction to place on a Saturday), I was told they would need to investigate to see what happened. I had all the proof on my end the funded were completed, but after an additional 48hr investigation they cam e to the conclusion I was a victim of a man in the middle hack (does not exist). Reality has now officially set in and I'm ready to start looking up IP addresses and visiting people, Ive also lost all trust in Peter and I'm not holding back. He tries to reassure but its not working anymore and he realizes it. He tells me he is also ready to stop investing with the company also and if I could just wait a day before I post on social media this is a scam because he has another client who is ready to withdrawal too and to see if he can. I did, and he tried to show me proof that it worked, but I didn't care about the pending funds and I want to see the hash from blockchain and a complete transaction when the funds are in his account. Given they realized I was on to this scam, the next day my account was deleted from site and Peters whatsapp account was deleted. I was officially scammed. :(

Please pass this on to anyone who has gone through this or dealing with this company or one similar to , they are all scams and I hope this helps someone avoid falling into the same scam I had to go through. Feel free to message or comment in this thread if you have any questions.
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