Hi,
I was recently part of ramp and dump scheme (https://www.investmentexecutive.com/news/from-the-regulators/ramp-and-dump-schemes-on-the-rise-finra-warns/) where few folks from Malaysia reached out to me and few others talking about stocks and help with investment.
Initially, they suggested few US stocks like RIOT, U, etc which performed well. Once they got our trust, they made us invest our life savings into a Chinese stock called BANL (CBL International Ltd) and made us purchase it at 12.
The stock dumped to 4 dollars within few minutes. I had to sell it at 70 % loss that day (May 1, 2023)
I lost around 90k USD (almost all my life savings) due to this.
Yes, this is a lesson learnt. I have also complained to FINRA. But I don’t think I will get refund from FINRA.
If people can help me recover few losses by even donating 5 dollars, I will be very grateful. I have learnt my very hard lesson. I will be more careful in the future. But if you have ever been scammed and can feel my pain, please help me.
I have mortgage payments due every month and this financial loss is causing me lot of anxiety and depression. I also contemplated suicide but I have aging parents in home country who I need to take care of. Please help me
I have attached the screenshot of my RH account for the last week