ITP Corporation Latest News: How to Withdraw Funds?
ITP Corp, a Ponzi scheme primarily targeting UK residents, has collapsed after disabling withdrawals five days ago. With no official explanation provided, the scammers behind ITP Corp are now resorting to increasingly desperate tactics to milk even more money out of their victims.
ITP Corp Latest News
- Pushing a “blockchain fluctuations” narrative: ITP Corp claims that “blockchain issues” are preventing withdrawals, a blatant lie designed to deflect blame and mask their own fraudulent activities.
- Launching a “recovery scam”: On a new domain “itplb.com,” ITP Corp demands a fee (initially 100 USDT, later reduced to 30 USDT) for “account activation” – a classic scam tactic to extract further funds from desperate investors.
- Ignoring the guaranteed losses: Ponzi schemes inherently involve guaranteed losses for the majority of participants. ITP Corp’s lies about “recovering funds” are simply an attempt to delay and minimize the inevitable losses for their victims.
- Promoting a “Thanksgiving Day hacking” fiction: UK recruiters, like Fakih Mahmood Subedar and Charlie Wildish, have fabricated stories about hacking and US holidays to excuse the withdrawal freeze. These are blatant lies designed to mislead and manipulate investors.
ITP Corp’s tactics are textbook examples of a Ponzi scheme’s desperate attempts to survive. Here’s why their claims are demonstrably false:
- “Blockchain issues” are a smokescreen: ITP Corp’s original website featured Chinese, and their support platform uses Chinese software. These are clear signs of a Chinese-operated scam, not a legitimate US-based company.
- Thanksgiving Day has no impact: Claiming the withdrawal freeze coincides with a US holiday is irrelevant to a “global” platform. This excuse is simply another fabrication to buy time and divert attention.
- Recovery scams are a red flag: Any company demanding payment to recover lost funds is a definite scam. This is a clear indication that ITP Corp has no intention of returning investors’ money.
ITP Corporation Withdrawal
- Withdrawals are disabled: Your funds are lost. Do not expect to recover any money invested in ITP Corp.
- Recovery scams are traps: Do not pay any fees. This will only add to your losses.
- Report the scam to authorities: Help prevent others from falling victim.
- The FCA banned MLM cryptocurrency investment schemes in the UK on October 8th, 2023. It remains unclear whether they will take action against ITP Corp or their UK promoters.
- ITP Corp’s website was blocked by UK ISPs, suggesting potential involvement by authorities.
- This article exposed ITP Corp’s lies and fraudulent activities, prompting the company to issue a withdrawal update within minutes. The update further confirms their fabricated “hacking” narrative.
- The recovery scam launched on a new domain is a final desperate attempt to exploit victims before the scheme inevitably collapses completely.
Remember, if you or someone you know has been affected by ITP Corp’s fraud, report it to the authorities and seek legal counsel. You are not alone.
