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Posted Wed, 17 Apr 2024 11:22:25 GMT by David Lockwood
Hello,  I'm a Canadian citizen. I was trading spot gold on a platform called OTOFPR Limited based in London, UK last fall at the direction of a friend I met on the internet. I traded up to a profit of 115764.82 USD and was told that I had to pay British Personal Income Tax on that to the amount of 46,300 USD to get my funds released. I struggled to come up with the funds to cover it until I finally finished paying it via crypto currency last week. OTFPR Limited has said that they remitted my taxes to the British Tax Bureau but that they are keeping my account frozen pending an investigation of this friend whose advice I was following. My question is: how can I confirm that OTOFPR Limited remitted my taxes to the tax bureau...I'm worried that I may have been scammed because they keep making excuses not to release my funds. Here is their UK Gov business listing: https://find-and-update.company-information.service.gov.uk/company/15077946 [link removed by admin]
Posted Tue, 23 Apr 2024 13:33:53 GMT by HMRC Admin 8 Response
Hi,
They should provide written evidence that tax has in fact been paid to HMRC rather then British Tax Bureau as this is not a government tax department.
You can then send that evidence to HMRC to allocate to your records if applicable.
Thank you.
Posted Tue, 23 Apr 2024 13:36:47 GMT by David Lockwood
Okay, thanks for getting back to me.
Posted Sat, 28 Dec 2024 10:05:12 GMT by Sueluan
I am a US citizen.
Someone introduced me to an online gold trading platform OTOFPR and earned quite much gain.
But when I apply funds withdrawal, I was required to pay personal tax to the British Financial regulatory bureau.
So I was treated the same way as that of Mr. David Lockwood to pay my personal tax of 286459.95 USDT to British Tax bureau through OTOFPR platform in July, 2024.
Later, the platform asked me to pay total of 1,050,560 USDT verification fees for my identity verifications.
I feel I was scammed by the platform. Is there anybody else having the same experience as I had ?
Please help to identify that we may regroup to complain to the US government.
Posted Wed, 08 Jan 2025 14:38:32 GMT by HMRC Admin 13 Response
Hi Sueluan
Unfortunately we cannot assist you with this case nor appeal for others who may have had a similar experience to yourself or David.
That is not an option with this forum.
His Majesty’s Revenue and Customs (HMRC) is the Government Department that deals with tax affairs including the collection of tax.
The Financial Conduct Authority | FCA regulates financial service firms and financial markets in the UK
We are not aware of a British Financial regulatory bureau.
If you are a resident taxpayer of the UK and feel that you have been scammed then you should contact the Police via I've been a victim of fraud | Action Fraud who will provide advice.
If you are resident in the Unites States of America then I assume you will explore the options available to you there.
As we can’t assist any further in this instance we have closed this thread.
Thank you
 

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