u/Comfortable_Ruin4207

▲ 2 r/cryptocurrencyscams+2 crossposts

www.r7hk.com scam – Beware of R7 Investment Group

I want to warn others about an investment group calling themselves “R7 Investment Group.”

They are run by a person using the name prof K (not sure if this is a real identity).

What happened:

They asked me to convert money into USDT and transfer it to their wallet. Once I sent the funds, I lost control over my money.

They operate through a platform called STX platform, which they fully control. My account was later deactivated, and I can no longer access my funds.

Red flags I noticed:

  • You have no control over your money after transfer
  • They require crypto payments (USDT) to their wallet
  • Profits are calculated only on part of your investment
  • They charge high commissions on profits and withdrawals
  • They encourage/pressure you to recruit other people
  • Their policies keep changing frequently
  • They can deactivate your account anytime without explanation

They also claim to be based in HongKong, but there is no clear verification of their identity.

Outcome:

My account has been deactivated, and I am unable to recover my funds.

Additional details (sanitized):

  • Investment amount: 50,000 INR
  • Network used TRC20

Has anyone else dealt with this website? Any advice on what actions I can take next would be helpful.

Posting this to raise awareness so others don’t fall for the same scam.

reddit.com
u/Comfortable_Ruin4207 — 7 days ago
▲ 1 r/ScamCenter+1 crossposts

R7 investment group led by professor K (Professor Karan Harilela).

Beware of R7 Investment Group

There is an investment group called R7 Investment Group, led by “Professor K” (Professor Karan Harilela).

Please do not join.

Red flags:

You have no control over your money. They ask you to convert funds into USDT using Binance and transfer it to their wallet via blockchain. Once you do this, you lose access to your money.

They operate a platform called STX, which they fully control. They can deactivate your account or reject your investment at any time.

They claim to be based in Hong Kong. If something goes wrong and they disappear with your money, there is very little you can do. They also do not clearly reveal their true identity.

Even if you invest, profits are calculated only on 60% of your investment. On top of that, they charge 15% commission on profits and 20% on withdrawals.

They encourage you to build a team for “active income.” While this is said to be optional, in reality, if you don’t bring in new members within 2–3 months, they may remove you.

They may not return your principal amount if your total profit equals your initial investment.

Their policies keep changing frequently, often in ways that seem to benefit them.

Please stay cautious. Your money may not be safe, and the risk is not worth your time or peace of mind.

reddit.com
u/Comfortable_Ruin4207 — 7 days ago