Option King

Victim Location 64079

Total money lost $600

Type of a scam Investment

This company targets potential victims via e-mail by promoting binary trading options. Once the unwitting recipient inquires further, a representative by the name of Nicole Reed contacts the victim over the phone to secure an initial deposit to open a trading account. She encourages bonus incentives for investing larger sums of money & promotes new client "specials". Option King then proceeds to withdraw more than the agreed amount from said account & draws the victim in further… She reaches back out for a lengthy phone consultation to seal the deal & learn more about the victim’s background, to gain insight on how to further work their angle & get more money.

Once the victim becomes suspicious & attempts to reach out to Option King during business hours (via phone number listed on their website – (888) 259-6885), no live representative is ever available. Several attempts were made to reach Nicole Reed on her personal line at (646) 559-6172, but every call was immediately dropped. Our credit card company was notified & the money was recovered with fraud protection alerts.