Bingham Club24 Pig Butchering Scam: How Victims Are Tricked by a Fake Investment Platform
Introduction
In recent months, Bingham Club24 has emerged as another deceptive platform operating under the guise of an exclusive investment club. Its website, marketing campaigns, and social media presence claim to offer extraordinary returns through crypto and stock trading. However, deeper investigation reveals that Bingham Club24 is not a legitimate investment firm—it’s part of an elaborate pig-butchering scam designed to steal from unsuspecting investors worldwide.
Victims report losing thousands after being manipulated by fake “relationship managers” who promised financial freedom but delivered nothing but losses. This article uncovers how the scam works, red flags to recognize, and what you can do if you’ve already been targeted.
What Is the Bingham Club24 Scam?
Bingham Club24 presents itself as a modern investment club where members can access professional trading tools, insider opportunities, and “AI-powered portfolio management.” In reality, none of this exists. The site copies design elements from real trading platforms, using stock photos of business professionals and fabricated testimonials to appear credible.
Once potential investors register, they’re approached by so-called “advisors” who appear friendly, patient, and knowledgeable. These individuals often initiate contact on social media or dating apps, building emotional trust before introducing the investment idea. This emotional grooming technique is central to pig-butchering scams, where victims are “fattened” with false affection and fake profits before being “slaughtered” financially.
The Psychological Trap
Like many modern financial scams, Bingham Club24 relies more on psychology than technology. Scammers spend weeks or months gaining a victim’s trust, discussing market trends, and showing screenshots of fake trading results. These scammers are trained to use emotional manipulation, making victims believe they’re joining a life-changing opportunity or even a personal partnership.
When the victim finally deposits funds, they see fabricated profits on their dashboard. Encouraged by fake returns, many invest more, unaware that no actual trading is happening. Once the victim tries to withdraw, communication stops or the account becomes “under review.” The money is gone.
Red Flags That Expose Bingham Club24
Several indicators show that Bingham Club24 is a fraudulent operation:
- Unverifiable Company Registration: The website lists no legitimate business address or regulatory license.
- Unrealistic Profit Claims: Promising 20–40% monthly returns, a hallmark of Ponzi and pig-butchering schemes.
- Anonymous Team: The supposed founders and experts are fake personas with stolen profile pictures.
- Limited Contact Channels: Victims can only reach support through Telegram or WhatsApp—no real phone line or verified email.
- Manipulated Dashboard: The profits displayed inside user accounts are entirely fabricated to build trust and encourage more deposits.
These tactics have been seen repeatedly in scams exposed by investigative teams and recovery professionals, including those at Forteclaim, who have tracked similar platforms across Europe, Asia, and North America.
Stories from Victims
Several victims shared that they met the scammers behind Bingham Club24 on dating apps like Tinder and Telegram trading groups. After months of daily communication, victims were encouraged to invest small amounts, initially seeing quick “profits.” Once they deposited larger sums—ranging from $10,000 to $80,000—the platform froze withdrawals. Some victims even took loans or sold assets, believing they were on the verge of life-changing profits.
Such cases illustrate how pig-butchering scams combine emotional manipulation and financial fraud. The goal isn’t just to steal money—it’s to destroy trust, making victims feel isolated and ashamed.
What To Do If You’ve Been Scammed
If you’ve lost money to Bingham Club24 or a similar platform, time is critical. Immediate reporting increases the chances of tracing and recovering digital assets.
- Document Everything: Keep screenshots, transaction IDs, and chat records.
- Do Not Send More Money: Scammers may pretend to offer “tax clearance” or “withdrawal unlocking” fees—these are additional traps.
- Report the Platform: File complaints with your local financial regulator and cybersecurity authority.
- Seek Recovery Assistance: Professional recovery experts like Forteclaim have experience in tracking blockchain transactions and liaising with international law enforcement.
Forteclaim Recovery Firm has successfully helped victims identify fraudulent networks like Bingham Club24, analyze transaction trails, and work with global cybercrime investigators to retrieve lost funds.
How To Stay Safe from Future Scams
Protect yourself by following these preventive steps:
- Verify investment platforms through official government or regulatory websites.
- Never trust profits that seem guaranteed or risk-free.
- Avoid emotional investment offers initiated on social media or dating platforms.
- Consult financial professionals before depositing funds into any new platform.
Conclusion
Bingham Club24 represents the darker side of modern online investing—a sophisticated pig-butchering scam disguised as a high-end trading platform. Its operators use emotional trust, fake data, and false credibility to exploit victims’ hopes for financial success.
If you’ve been affected, don’t stay silent. Report the incident immediately and contact professionals such as Forteclaim for expert recovery assistance. With the right action, it’s possible to trace lost crypto transactions and expose fraudulent operations like Bingham Club24 before they harm others.