Bull Script Trade Scam: Romance and Wrong-Number Forex Fraud

Bull Script Trade: A Forex Scam Targeting Victims Through Romance

Bull Script Trade is a sophisticated investment scam platform that has been officially warned about by the UK Financial Conduct Authority (FCA) and uses a virtual office address. It is a systematic scheme that approaches victims through wrong-number messages, dating apps and social media, and prepares them with fake investment profits.

Licence Information

Platform name: Bull Script Trade

Domain: bullscripttrd.com

Declared address: 20-22 Wenlock Road, London, N1 7GU, United Kingdom

Email: [email protected]

False Corporate Details

Bull Script Trade presents an address in London to look like a legitimate investment firm. However, the address given (20-22 Wenlock Road, London, N1 7GU) is a virtual office address. Virtual offices are addresses that many scam operators use to appear legitimate and that provide no real physical service.

Bull Script Trade is not authorised in Türkiye by the Capital Markets Board (SPK).

FCA (United Kingdom) warning: Bull Script Trade holds no legal licence in the United Kingdom and has been officially warned about by the FCA. It is prohibited from operating as a legitimate financial institution.

How the Scam Works

First Contact Through Wrong-Number Messages

Bull Script Trade operators start contact with victims by sending wrong-number messages. For example, a victim may receive a text such as: "Sorry, I called you by mistake. My name is John, how are you?" The start looks like a natural mistake, but the operators use this trap deliberately.

Building a Romantic Relationship

After the wrong-number message, the operator:

• Continues contact with the victim on platforms such as Tinder, Bumble, WhatsApp and Instagram
• Wins the victim's trust through long romantic conversations
• Tells made-up personal stories and life circumstances (the operator is often described as a "business owner" or a "wealthy trader")

Fake Profit Displays

After the victim opens an account on the investment platform recommended by the operator (Bull Script Trade), small amounts are first requested as deposits. The system then shows fake charts and profit notifications. The victim believes that significant profits have built up in the account.

Withdrawal Pressure and Blocking

When the victim wants to withdraw the profits believed to have built up, the withdrawals are blocked by the operator or "the system". To remove the blocks, victims are asked for additional payments under the following excuses:

• A tax payment obligation
• Account verification fees
• Legal process fees
• Security deposit (collateral) demands

The Cycle of Extra Payments

Each time the victim makes an extra payment, the operator asks for another fee. This cycle continues until the victim has run out of money or can no longer pay.

Contact Cut Off

When the victim refuses further payments or decides to start an investigation, the romantic operator cuts contact at once and deletes all social media profiles.

Findings

Domain Used

bullscripttrd.com

Contact Details

• Email: [email protected]
• Address: 20-22 Wenlock Road, London, N1 7GU, United Kingdom (virtual office)

About the Virtual Office

The address 20-22 Wenlock Road is a real office building in London, but it is rented out through virtual office companies. These offices give the customer a physical mailing address but do not provide real office space, telephone answering or assistant services. Scammers use such addresses to look legitimate.

Contact Channels

Bull Script Trade operators contact victims only through private messaging apps (WhatsApp, Telegram, Instagram DM). The official email address ([email protected]) does not respond, or replies come very late and are vague.

Operator Information

Bull Script Trade is controlled entirely by anonymous operators. No real name, identity verification or corporate structure is stated.

Protection Notes

What Are the Signs of a Scam?

• Wrong-number messages: Texts that begin with "Sorry, I called you by mistake" call for careful examination. Scammers use this trap to build friendly relationships with victims.
• Investment offers from dating apps: An investment offer from someone met on Tinder, Bumble or similar apps is very likely to be a scam.
• Virtual office addresses: If an investment firm presents an address in cities such as London or New York but does not answer withdrawal requests, the address may be a virtual office.
• Withdrawal blocks: If the system creates obstacles when the accumulated profit is to be withdrawn, it means the funds were never really the user's.
• Corporate contact through private messaging: Legitimate investment firms communicate through an official email address and website, not through private messaging apps.

Protection Against Romance Scams

• Social media profile: Whether the other person is real can be tested by researching the profile. A profile that is new, has very few photos or uses photos copied from the internet (which a reverse Google image search can show) may be fake.
• Video calls: A genuine person agrees to a video call. Operators avoid video calls because identity verification would fail.
• Fast romantic developments: People who say "I love you" within a few days and immediately offer an investment are scammers.
• Investment offers: An investment offer from someone met through social media is a warning sign. Legitimate investment advisers do not work through social media.

Features of Legitimate Investment Platforms

• They are registered on the list of intermediary institutions of the Capital Markets Board of Türkiye (SPK)
• They hold legal licences from official authorities such as the FCA or CySEC, and these licences can be verified easily
• They have an official website and email addresses belonging to the firm, used instead of personal WhatsApp, Telegram or Instagram DMs
• Their physical offices are real and functional (not virtual offices)
• They do not put obstacles in the way of withdrawals or ask for extra fees