Nationwide Blocked Me

flaneurs_lobster

JamesRobinson48 said:

Might he perhaps have tried and failed to recover some of his cash out of the dodgy crypto platform directly.

I think you'll find that it's

.... a highly sophisticated and novel concept of a decentralized network server for blockchain-based digital information units tradable within the gspartners.global or GS Trade cryptosystem

so completely kosher.

Malthusian

Mark_Lion said:

It is a investment with a company called GS Partners. My friend has gotten his wife and family into the investment. 
It is transferring cash to Crypto. (Not Bitcoin).
My friend had some Crypto available to deposit into my account. I paid him back with cash.
Tried to transfer the money from NW, so that started the blockage.

I have started with a low investment. I am getting a weekly return, which I can see now, on my GS Partners account page.
I will not put any more money into it. The next stage up is a big investment which I am not willing to do. 

Good, because your money is gone, and the same will happen to any other money you are persuaded to hand over. Is it this GS Partners or a different scam of the same name?
There are no "weekly returns". It is a number on a computer. They push a button and the number goes up. There is no actual money. 
The best course of action is to explain to Nationwide what happened and that you now know it is a scam, which will hopefully lead them to unblocking the account. I can't really see the point in making a formal complaint at this stage as the delay seems to be on your end so far. And there's certainly no benefit in complaining that the fraud team blocked your account when you were actually being defrauded.

JamesRobinson48 said:

I'm left wondering why your friend "had some Crypto available" to deposit in your account, in return for you wiring him some real money. Might he perhaps have tried and failed to recover some of his cash out of the dodgy crypto platform directly.

This is quite common in scams of this ilk. Lower-level scammers can get more money by selling their made-up points in their own account directly to their victims, and taking 100% of their money, instead of persuading them to put money into the scheme itself, and taking just a commission. 
It's just made-up Internet points though, so not worth putting too much thought into.
If the OP tries to convert the "crypto" back into real money, he will probably be told that he needs to put more real money in for "transaction fees" or similar (which he will also never see again).

ColdIron

Mark_Lion said:

My friend had some Crypto available to deposit into my account. I paid him back with cash.

Sounds like your 'friend' has found a way to solve their problem. Smart fella if distinctly unfriendly

DjangoUnchained

sounds like with friends like these NW are doing you a favour.

Swipe

Well, that escalated quickly. The OP's day just got a whole lot worse.

Mark_Lion

Section62 said:

Did NW tell you about their scamchecker service?

https://www.nationwide.co.uk/help/fraud-and-security/scam-protection-promise/

Thank you for the link.
NW did not tell me, but it would be on the web page.
My friend did give me several links to check GSP out.
Some of which I discounted, because they were their own websites.
Saying how great they are. Of course they will say that.

From the phone calls I made to NW, I think NW have dragged their heels and maybe only now are looking at my evidence. 

Mark_Lion

You all might be right about this.
My friend told me he is making money from his investment.
I will ask him if he has withdrawn any real money from the investment.

grumbler

Hardly a surprise that banks strengthen their defences. Now even ambulance chasers jumped on the bandwagon - https://celsolicitors.co.uk/services/push-payment-scams/

We have to thank our beloved regulators (and some other well known people campaigning for this).

Malthusian

Mark_Lion said:

You all might be right about this.
My friend told me he is making money from his investment.

Well, we know he's made whatever you managed to give him in cash, at least. Although I suspect that's dwarfed by his losses, unless he's scammed a lot more people than you and his family.

I will ask him if he has withdrawn any real money from the investment.

And if the response is "Yes, I've withdrawn double what I invested and used it to buy my new car" then what? Scammers tend to lie. 

Swipe

Thank your lucky stars it was only £950. Could have been a hell of a lot worse. Sounds like you found out about this just in time.