Crypto scam leaves mom in $33K debt: ‘I lost everything’

By Hannah Van De Peer via SWNS

A single mom says she has "lost everything" after falling for a "work from home" cryptocurrency scam, ending up with £26,500 ($32,900 USD) in debt.

Ogo Ezeaka, 34, signed up for the online "job" to earn extra income alongside her full-time role in IT.

But she's now struggling to make ends meet after losing tens of thousands of her savings.

The complex swindle saw Ogo employed to upload products to a website - earning crypto-cash for every one she did, as well as a commission on sales.

But she had to buy the right to upload products on a website.

So she spent "real" money - but earned crypto.

And when she was told she had to pay a fee to access her crypto, and another to keep selling, she soon found herself taking out loans to do it.

She took out the loans and paid the fees but still had no access to the "cash" she had earned.

Now she's paying off her £18k ($22k USD) debt to the crypto account - after being "deceived" by her work trainer and told she had to get a £6k ($7.4k) payday loan, plus £2.5k ($3k) interest.

Ogo, from Northampton, UK, said: “£1k turned into £3k, which turned into £8k. After two weeks, I saw my balance fall to minus £18k.

“The scammers have taken everything from me, and they don’t care.

“I thought the job would give me some good experience and help to pay my childcare costs as a single-income household.

"But it was all a lie.”

Ogo says she was contacted on June 21 by a recruiter, 'Flora', via WhatsApp.

She was told about a role in 'product data submission and optimization' which was flexible and home-working.

The recruiter told Ogo she’d receive a monthly base salary of £2,800 plus 0.5 percent commission - with £460 paid into her bank account every five days.

The mom began the “job” later that week.

She said: “A few days after I registered, Flora gave me some tasks to do.

“I still don’t really understand it myself - but every day, I was given three tasks to do. I'd have to register 40-50 products in an app, each of which had a price attached.

"If you successfully submit a product onto the website, the value of it will be added to your in-app balance.

“Once I’d completed the tasks, they’d deposit all the money and profit made into a crypto wallet.

"Flora made it seem so genuine.”

The complex swindle saw Ogo employed to upload products to a website - earning cryptocash for every one she did, as well as a commission on sales.

But she had to buy the right to upload products on a website.

Ogo would clock in every day and deposit money into the website - so she could complete each task. She'd be set three tasks a day.

Once she’d finished a task, her balance would be transferred into a “crypto wallet."

Initially, the fee she paid was small compared to the pot of crypto cash she was earning in return - which grew to £500 ($620) in just four days.

But then the balance on the selling website bizarrely dropped into minus figures - plummeting to minus £18,000 (- $22,322).

This happened because if she failed to submit a product worth a lot of money, the total would be subtracted from her balance.

"Customer service," told her she needed to restore it to zero to keep working - but could do it using her cryptowallet money.

But when she tried she was told she had to pay a £6k “withdrawal fee” - for which she took out a payday loan.

“At first, it fell to minus £70,” Ogo said. “But it started getting to the point where the balance would become really huge.

“Before long, I was at minus £1,000.

“I spoke to Flora and she assured me I’d get my money back. If I kept doing tasks, I’d see more profit.

She began using the cash from her monthly salary to try and pay her on-site debts - as well as taking out the £6k payday loan.

By late July, Ogo had raised enough to pay off her “debt” - but she was met with a message saying her online account had been frozen, and she’d need to pay another £6k to restore her balance.

Once she’d realized, Ogo tried messaging Flora for help - but found she’d been blocked.

The account on the website is still £18k in arrears - but Ogo can’t pay to unfreeze it.

Now she's paying off her £18k debt, a £6k payday loan - plus £2.5k interest.

She said: “The taxes, the loans and the initial debt all add up to £26,500.

“I literally do not have anything left - and I’m on a 10-month repayment plan for the loan I borrowed, plus £2k interest.

“I was stranded - I had to pay my rent and my bills on top of this. I had to beg family and friends to help me pay my basic living costs.

“There’s been no remorse throughout any of this - I’ll never see that money back.”

Ogo dialed 999 and reported the incident to the police - but she said there isn’t anything they can do for her.

She also flagged the scam to ActionFraud - but they have no way of tracing the number.

A spokesperson for ActionFraud said: “Action Fraud can confirm that it received the claim on 27 July 2023. It was assessed by the National Fraud Intelligence Bureau (NFIB) at the City of London Police but has not been passed to the police force for investigation at this time.

“With more than 850,000 reports coming into the NFIB each year, not all cases can be passed on for further investigation. Reports are assessed against a number of criteria which include the vulnerability of the victim.

"However, the reports most likely to present an investigative opportunity for local police forces, those where a crime is ongoing and those that present the greatest threat and harm to the victim or victims concerned, are the ones that are prioritized.”

The customer service team for the company said: "Our company hopes the lady can complete and withdraw her funds as soon as possible."