Oaktree-ex.com – Homepage (Fraudulent Platform)
Website
Scam Type
Description
A California resident reports joining a group online called “CO6 Dr. Johnson’s Investment Education Institute.” The resident reports that the group provided information on trading cryptocurrency and provided different trading signals to trade cryptocurrency. The group instructed the resident to open an account on the crypto asset trading platform operating at oaktree-ex.com. The group encouraged the resident to put more money on the platform to make more profits, and the account indeed appeared to grow. But when the resident tried to withdraw some funds, the platform demanded they pay a “fee” to a charity. The resident paid the fee but has not been able to withdraw their funds. All told, the resident lost at least $40,000 and the website is no longer operational.
Screenshot
This is the screenshot of the homepage from the fraudulent platform Oaktree-ex.com, provided by a California consumer.
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