Does the FTC regulate a firm called Vantage FX Signals? No state Canada. They are an investment firm. Wondering about

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Customer: Does the FTC regulate a firm called Vantage FX Signals?
JA: Because consumer protection law varies from place to place, can you tell me what state this is in?
Customer: no state Canada
JA: Have you contacted the seller or manufacturer?
Customer: they are an investment firm
JA: Is there anything else the Lawyer should know before I connect you? Rest assured that they'll be able to help you.
Customer: wondering about getting profits being held for ransom until i pay tax on a supposed bonus I don’t even want.
Answered by Joey in 33 mins 12 months ago
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Joey
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Joey, Expert

Hi and thank you for using JustAnswer.  My name is ***** ***** I will be assisting you with your question.

Just a general disclaimer that this conversation is for informational purposes only. I am licensed Canadian lawyer; however, you would need to retain a lawyer to take any legal action and/or preserve any of your legal rights. I may be away from my desk from time to time, but rest assured I will always return back as soon as possible.

Which province are you located in?

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Joey, Expert

Hi and thank you for using JustAnswer.  My name is ***** ***** I will be assisting you with your question.

Just a general disclaimer that this conversation is for informational purposes only. I am licensed Canadian lawyer; however, you would need to retain a lawyer to take any legal action and/or preserve any of your legal rights. I may be away from my desk from time to time, but rest assured I will always return back as soon as possible.

Which province are you located in?

Customer
British Columbia
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Joey, Expert

Good afternoon  – sorry to hear of the situation. To clarify, you invested with an online firm and they are asking for money to pay a tax? What are you trading in?

Customer
I may not respond right away either, I'm a busy man but rest assured I will eventually
Customer
Trading in crypto currency
Customer
0they are with holding profits for tax on bonus I don't even want
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Joey, Expert

There are thousands of crypto scams circulating the internet at this time. You should exercise extreme caution in trading in crypto currencies with firms you not familiar with.  These scams/thefts are extremely difficult to address.

There is no legitimate reason for them to request a “tax” as only you are responsible for any taxes owing on your crypto trades, not them. I’m sorry to say, but you’re likely the victim fraud.

You should file a police report at your local police station. You can contact the Canadian Anti-Fraud Centre toll free at 1-***-***-**** to report this incident.

If you are able to ascertain the identities of these fraudsters, you could file a civil claim against them for your money back. If they have moved your money to a non-western country, you, unfortunately, will not have any success in getting your money back.

Customer
In other words I’m hooped?
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Joey, Expert

I’m sorry this happened to you.

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Joey, Expert

Did you have any further questions about this issue?

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Joey, Expert

Thank you for using JustAnswer. I wish you the best of luck. If you have any follow up questions about this matter, please do not hesitate to reach out to me.

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