Virpoint used a small successful payout before wiping out a £50,000 account

My husband traded through virpoint.com for approximately seven months with help from a finance manager who regularly contacted him. The platform showed around £30,000 in profit, and the manager even transferred £1,000 out of the account to prove that my concerns about the company were wrong.

Everything changed after my husband refused to invest more. The original manager suddenly went off sick, and another representative took control. He opened positions that rapidly moved against the account and used the losses to pressure us for more money.

What looked like months of successful trading collapsed once we stopped depositing. The small payout was not proof that the platform was trustworthy. It was the step that made a much larger loss possible.