Homepage – Monarch Capital Institute (Investment Group Scam)

A California resident reports they sent at least $2,000 worth of crypto assets to the platform at h5.defibrrokkerweb3.cc to invest. But when they attempted to withdraw money from the platform, the platform’s customer service demanded the victim pay an “identity verification” fee and another fee to remove a high-risk warning on their account. The victim paid, but then the customer service demanded they pay 50% of the current balance to cover “late fees” associated with the transfer. The victim paid, then tried to withdraw again, but this time the platform demanded more money to “increase the computing power”. At this point, the resident canceled their withdrawal request and reported the incident.