Hello,
Scammer Information :
I met this person on the BabyPips forum. He contacted me through a private message on BabyPips and asked for my Telegram ID. We connected on Telegram, where he showed me his ICMarkets MT5 real account. He claimed to have turned $1,000 into $11,000 within a month with zero losing trades. He shared the investor password with me for one hour, during which I reviewed his past trades. I noticed a drawdown of over 50%, and additionally, he lost the entire $11,000 in just two trades.
He offered to teach me his strategy for a $2,000 fee. Since the price was too high, I negotiated, and he reduced it to $250. Eventually, we agreed on $150. When I asked to pay via PayPal, he refused, because PayPal allows disputes if a buyer gets scammed. He insisted on payment through Western Union or Skrill, where transactions are irreversible. As I didn’t have either Skrill or Western Union, I offered to pay through WISE.com. He accepted, as WISE also does not allow reversals.
I sent $150 via WISE (Transaction:
During our chat and call, he used very abusive language and pressured me to send an email confirming that I had received the product and that the transaction was successfully completed. I refused to send any such email until he properly taught me the strategy.
Eventually, he gave me a link to
When I discussed this situation with other BabyPips members, they said his trading results were random and that he was just lucky to turn $1,000 into $11,000. Ultimately, he lost everything in just two trades.
I'm posting this scam report to warn others, so no other member falls victim to him or someone like him. I also request suggestions from the forum on how I can proceed to report this incident to the appropriate government authority.
Thank you.
Scammer Information :
Code:
BabyPips Profile : https://forums.babypips.com/u/akiyamashinichi MQL5 Profile : https://www.mql5.com/en/users/essoeihpo LinkedIn Profile : https://www.linkedin.com/in/koh-kok-yeow-colin-3056abb4 Instagram Profile : https://www.instagram.com/mrhyoyatika/ Full name: Koh Kok Yeow Swift code : UOVBSGSGXXX Account number: 4503550606 City: Singapore Post Code: 530711 Recipient address: Blk 711 Hougang Avenue 2 #04-155 Bank : United Overseas Bank Email : ckoh511@gmail.com & colinkohky@gmail.com
I met this person on the BabyPips forum. He contacted me through a private message on BabyPips and asked for my Telegram ID. We connected on Telegram, where he showed me his ICMarkets MT5 real account. He claimed to have turned $1,000 into $11,000 within a month with zero losing trades. He shared the investor password with me for one hour, during which I reviewed his past trades. I noticed a drawdown of over 50%, and additionally, he lost the entire $11,000 in just two trades.
He offered to teach me his strategy for a $2,000 fee. Since the price was too high, I negotiated, and he reduced it to $250. Eventually, we agreed on $150. When I asked to pay via PayPal, he refused, because PayPal allows disputes if a buyer gets scammed. He insisted on payment through Western Union or Skrill, where transactions are irreversible. As I didn’t have either Skrill or Western Union, I offered to pay through WISE.com. He accepted, as WISE also does not allow reversals.
I sent $150 via WISE (Transaction:
https://wise.com/en/track/c3603770ae1246ab91fbc98b02582214). Once he received the payment, he blocked me on Telegram. I later emailed him, threatening to report the scam to the government authority in Singapore. After that, he unblocked me and continued the conversation via Telegram secret chat, where messages disappear every 10 seconds. We also had an audio call through Telegram.During our chat and call, he used very abusive language and pressured me to send an email confirming that I had received the product and that the transaction was successfully completed. I refused to send any such email until he properly taught me the strategy.
Eventually, he gave me a link to
https://www.investing.com/currencies/live-currency-cross-rates and told me to BUY everything that was green and SELL everything that was red. He claimed that this was how he turned $1,000 into $11,000. When I asked him about take profit, stop loss, entry/exit points, and risk-to-reward ratio, he said those are useless and that no profitable trader uses them. He advised me to close trades when in "enough" profit and to leave trades open if they were in a negative floating loss until they eventually turned profitable.When I discussed this situation with other BabyPips members, they said his trading results were random and that he was just lucky to turn $1,000 into $11,000. Ultimately, he lost everything in just two trades.
I'm posting this scam report to warn others, so no other member falls victim to him or someone like him. I also request suggestions from the forum on how I can proceed to report this incident to the appropriate government authority.
Thank you.
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