Hengxing Assets withdrawing issues Hengxingfx.com

By MM, from United States, January 2, 2022 at 04:07 AM

Hengxing Assets used an apparently a woman to lure me into gold futures trading business which I found it to be fake and fraudulent. I invested $7000 and my total balance reached $27000 but when I decided to withdraw they asked me to pay over $8000 in taxes first. I asked them to deduct from my balance but they rejected I asked them to return my principal and keep the profit for themselves they rejected ir as well. I have reported the issue to HK police, my own banks in the US and Hang Seng Bank where my funds were wire transferred to. I hope something positive will come out of this.

Answer: Hi MM,

HengXing Assets Limited claims to be an international online trading services provider. The broker does not mention any information about its regulation, so we assume it doesn’t have any. We couldn’t find details about broker’s location/address as well. What we are trying to say here is that considering these facts it is clear the company is not authorised to provide the above mentioned services.

Unfortunately, there is a small chance of getting your money back. We would recommend to stop any cooperation with this broker and NOT invest more. Also, you need to report to the local financial regulator, so they can investigate and suspend the scam company.

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