My interaction with Li Hui started very innocently. I wasn’t interested in her romantically, but I continued to dialog with her starting in February of 22 on What’s App. She told me she lived in Queens in a building that her sister lived in, and that sister was a crypto specialist for Blackrock. I was already being pulled into the trap and I had no idea.
We moved the conversation over to Telegram and she started mentioning crypto trading and that she could teach me to make a lot of money. I was intrigued and so it began. Starting with a few hundred dollars, she showed me arbitrage. I had a Coinbase account and suggested I open a CoinEgg wallet but wanted me to use a coinegg.vip address.
I made a few trades following her instructions, and before long my earnings had doubled, then triple, then quadrupled. I asked and she showed me how to take money out and she showed me how to transfer a few hundred dollars back to my coinbase account, which satisfied me that my money was safe and I could take it out when I wanted to. Soon I had $15k in the account and she started the push to add more funds. Having recently refinanced a rental property, I had 300k to play with. Bit by bit I added funds, made more money and added more funds. She told me that if I increased my assets through a CoinEgg loan, I I was told I qualified for a loan of $284k and it had been transferred to my account for trading. This was far more than I would have borrowed if I would have borrowed at all, but they said it had already happened and I would have to pay it back from my already earnings of over $500k.
Li talked me into investing a total of $475,000 and I built up 2.1m in USDT. I said I’d had enough and wanted to start withdrawing my earnings. That’s when I got an email from CoinEgg.vip saying that I had to pay the loan back with new dollars. I started to panic because I didn’t have any more funds. I hastily withdrew $300k from my 401k thinking I could pay it back within the 60 day limit. I was now ready to withdraw funds. Then the next email arrives: I owe a tax of 20% of my earnings, $295k and it could not be taken from my account! I was freaking out, yet still believing that I would get my funds out, so I took out a hard money loan from a friend of a friend based on my reputation. 300k due in 10 days with a one-time fee of 10k. Li instructed me to withdraw the fund by moving them from my CoinEgg account back to my Coinbase account, but the payment would not go through. That’s when I got the final email: The loan had reduced my credit from 100% to 90%, and I would have to pay up my credit points by depositing another $25,000 PER POINT. $250,000!!! I was out over a million dollars and no real way to get the funds back. Li told me she would loan me $100k toward the balance but that I had to come up with the rest of the balance.