Another bitcoin scams hit Canada - page 3.

serjent05

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Quote from: stompix on June 21, 2020, 10:25:44 AM

Quote from: serjent05 on June 21, 2020, 06:51:08 AM

But, sadly people always fall for this scam. Probably greed numbs their mind into functioning.

People, stop with the greed and the investments and Ponzi schemes:

Quote

"A lot of people are getting phone calls saying that they have to transfer the money to Bitcoin regarding CRA; we've had Manitoba Hydro as well."
The reports from Winnipeg share similarities with another scam we reported on June 19. In that instance, the Royal Canadian Mounted Police, or RCMP, allege that fraudsters impersonated the local authorities in order to extort Bitcoin from their victims.

That reply was not for the case brought by OP or written on the article. It was a reply on this post by Twinkledoe :

Quote from: serjent05 on June 21, 2020, 06:51:08 AM

Quote from: Twinkledoe on June 21, 2020, 05:32:27 AM

People should be smart enough before sending any money to unknown entities. They are also driven by the idea of get-rich-quick-scheme the reason why some are lured from it. But they have heard a lot of crypto scams already, so they should really be careful in dealing with this too-good-to-be-true offers.

That should be the thing. But, sadly people always fall for this scam. Probably greed numbs their mind into functioning. Only thinking about the possible money they will get on this scam scheme. I have known lots of people who always fall for this kind of scam. Most of them are from the Multi-level marketing industry since most of these scam pretend to be this kind of scheme but actually an HYIP or pyramid scam.

Quote from: stompix on June 21, 2020, 10:25:44 AM

The bad thing about this is the reaction of the owner, although he tried to prevent a lot of people from paying to scammers, his decision is:

Well, probably the owner does not want his store to be dragged on the issue or he can't bear to see people falling to this threat/fraud/extortion scam. It is a pain to hear about a crime that happen within the vicinity of your store. I would do the same thing just to have peace of mind.

LbtalkL

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Quote from: tomahawk9 on June 21, 2020, 08:58:35 AM

Quote from: LbtalkL on June 21, 2020, 08:15:39 AM

I hate when they call it "bitcoin scam" it should be "fake Bitcoin investments".

A fake Bitcoin investments = scam. News outlets need to save space in the headlines, and "Bitcoin scams" has fewer characters, so...

I know that, but not all people understand what is bitcoin, what is cryptocurrency, etc. so it is better to be more precise on headline. I am referring to those individuals that has a little knowledge about it. It could be misinterpret or mislead them to think that bitcoin is scam for real. I know ignorance of something is their fault for not being too curious or educate themselves about it, but we need those newbies to spread adoption, that is why adoption is very slow because most of the people are thinking it the wrong way in what they heard from news and they don't bother to read the whole article just headlines.

Yatsan

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I honestly don't understand how people can still fall for it. Honestly, even if the phone call indicates something similar to an authority asking for payment, I'd rather offend the guy and then clear up the situation. I'm pretty sure they themselves know about the fraudulent spread of scams here and there, and trying to make sure of something first and foremost is pretty understandable. Especially if they are asking for a large amount of money, or even a small amount, but for longer terms.

Quote from: Sanitough on June 21, 2020, 07:22:07 AM

The news is misleading, that would ruin bitcoin's reputation because in the first place bitcoin is not scam.
Why these media are dragging bitcoin into negative news, they could have make a different title like "Ponzi scam using bitcoin" or anything but not this title posted by OP. Scams are everywhere, people has to be educated to prevent themselves into falling this kind of scam, that's the only weapon we need to have so these scammers will not succeed.

TBH, the title of the thread was really catchy that's why I opened this thread, but misleading as I said.

It is still related to Bitcoin since firstly, they use the name of Bitcoin "investments". For all we know, those being asked are actually misunderstanding Bitcoin as a sort of "company" that is asking for investment. The details of the "investment" wasn't really released so I just assumed, but there's still a chance after all. Ignorance is something we all know about, and something abundant most of the time whenever someone gets scammed.

stompix

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Quote from: XCANA on June 21, 2020, 09:26:37 AM

Is a ponzi scheme and not another bitcoin scam per se.

No, it's not a Ponzi and rather than making four lines of useless shitposts spend a minute reading the article.

Quote from: serjent05 on June 21, 2020, 06:51:08 AM

But, sadly people always fall for this scam. Probably greed numbs their mind into functioning.

People, stop with the greed and the investments and Ponzi schemes:

Quote

"A lot of people are getting phone calls saying that they have to transfer the money to Bitcoin regarding CRA; we've had Manitoba Hydro as well."
The reports from Winnipeg share similarities with another scam we reported on June 19. In that instance, the Royal Canadian Mounted Police, or RCMP, allege that fraudsters impersonated the local authorities in order to extort Bitcoin from their victims.

Victims are scammed by people calling them and telling them they have debts to pay and they should pay it via a BTC atm. Simple!

The bad thing about this is the reaction of the owner, although he tried to prevent a lot of people from paying to scammers, his decision is:

Quote

Zeid says he’s fed up with it, and wants to get the machine out of his store.
“It’s to the point where it’s (so) frustrating I’m making calls to the Bitcoin machine owner to remove the machine,” he said.

bobitza

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Quote from: Eugenar on June 21, 2020, 01:54:25 AM

There is bitcoin scam happened in Canad, the local store owner in Winnipeg from Canada reported that there is a bitcoin scam happened on some of his customers.

This bitcoin scam is targetting the residents of Winnipeg Canada. The good thing here is that the local grocery store owner already warned that his customers were the victims of the bitcoin scam.

Quote

According to Global News, Husni Zeid placed a large sign on the Bitcoin machine he has in his store, asking people to exercise caution with regard to phone scams that ask for fake Bitcoin investments.

"A lot of people are getting phone calls saying that they have to transfer the money to Bitcoin regarding CRA; we've had Manitoba Hydro as well."

Source: https://cointelegraph.com/news/another-bitcoin-scam-hits-canada

There are so many scammers in this world, we should be careful when there are someone messages us out of nowhere if you don't know the number just ignore it especially when it is about money. You don't have to pay attention to those text messages. Always assess the situation if needed.

There will be lots of scams going on like this too so we should be careful. Bad guys always take every opportunity they can to steal our money. Grocery stores in Canada accept bitcoin payments. This proves Bitcoin is very popular in this country.

serjent05

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Quote from: tomahawk9 on June 21, 2020, 08:58:35 AM

Quote from: serjent05 on June 21, 2020, 06:51:08 AM

Sadly the article is too vague, not mentioning the name of the company involved in that scam.

the original article isn't.

Quote from: https://globalnews.ca/news/7078128/winnipeg-grocery-store-customers-bitcoin-scams/

Husni Zeid has put a large sign on the Bitcoin machine in his Food Fare store on Lilac Street,

that's the name of the store owner, the name of the store, and even the location of the store.

That is the event where scams happen, since people who are victims transact on that atm machine that is located on that store. Sadly there is no mention about the possible identity of the scammer.

Quote from: tomahawk9 on June 21, 2020, 08:58:35 AM

Quote from: LbtalkL on June 21, 2020, 08:15:39 AM

I hate when they call it "bitcoin scam" it should be "fake Bitcoin investments".

A fake Bitcoin investments = scam. News outlets need to save space in the headlines, and "Bitcoin scams" has fewer characters, so...

I think it is ok since the transaction used is Bitcoin, and that is the label of the asset that was lost on the victim. And yes, in news or article the shorter the message on the headline with the same impact is always better.

kryptqnick

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Quote from: Eugenar on June 21, 2020, 01:54:25 AM

There is bitcoin scam happened in Canad, the local store owner in Winnipeg from Canada reported that there is a bitcoin scam happened on some of his customers.

This bitcoin scam is targetting the residents of Winnipeg Canada. The good thing here is that the local grocery store owner already warned that his customers were the victims of the bitcoin scam.

Quote

According to Global News, Husni Zeid placed a large sign on the Bitcoin machine he has in his store, asking people to exercise caution with regard to phone scams that ask for fake Bitcoin investments.

"A lot of people are getting phone calls saying that they have to transfer the money to Bitcoin regarding CRA; we've had Manitoba Hydro as well."

Source: https://cointelegraph.com/news/another-bitcoin-scam-hits-canada

There are so many scammers in this world, we should be careful when there are someone messages us out of nowhere if you don't know the number just ignore it especially when it is about money. You don't have to pay attention to those text messages. Always assess the situation if needed.

Scammers are always looking for a way to rob people, so we have to be cautious. It's sweet that a community in Winnipeg is conscious and does its best to warn people. Unfortunately, there is not much data to understand what's really going on and why people fall for it. From that story of a woman crying and saying she has kids it sounds like blackmail to me, but I don't know. I hope they catch the scammers and reveal their methods. It would be helpful if the victims decided to speak up. I've found some information that these criminal might be posing as the police. So it does involve threats if not blackmail: https://micky.com.au/criminals-behind-two-canadian-bitcoin-scams-pose-as-police/.

yazher

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When I'm reading the title of this topic I though another BTC exchange in Canada has become victim of a scam. Thankfully its just a minor scamming incident but still, this kind of scenario is not good especially to those countries that have lots of people who support Bitcoin. Honestly, if that scam hasn't yet discovered by the concerned people, it might affect a thousand innocent holders in that Country. then the worst thing is they might banned the use of BTC their.

XCANA

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Is a ponzi scheme and not another bitcoin scam per se. Even others have been doing this from ages and it's called investment ponzi scheme, social medias have been engulf with this type of scam and not only happening in Canada. Although, the alarm was sounded and they should yield to the advise the owner of the bitcoin ATM gave to avoid some bad stories. People will continue to fall into this ponzi scheme because of their greediness, no amount of warning you can give to greedy individuals that will yield good results. Let us be content with the little we have.

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Quote from: serjent05 on June 21, 2020, 06:51:08 AM

Sadly the article is too vague, not mentioning the name of the company involved in that scam.

the original article isn't.

Quote from: LbtalkL on June 21, 2020, 08:15:39 AM

I hate when they call it "bitcoin scam" it should be "fake Bitcoin investments".

A fake Bitcoin investments = scam. News outlets need to save space in the headlines, and "Bitcoin scams" has fewer characters, so...

AniviaBtc

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Quote from: Twinkledoe on June 21, 2020, 05:32:27 AM

People should be smart enough before sending any money to unknown entities. They are also driven by the idea of get-rich-quick-scheme the reason why some are lured from it. But they have heard a lot of crypto scams already, so they should really be careful in dealing with this too-good-to-be-true offers.

There are a lot of professional scammers who are really good at fooling people, especially if you're not knowledgeable on how they do their scams. The good thing to do is to make yourself aware about your accounts, you should improve your security every month as soon as possible. Never trust easily, don't send money no matter how small or big it is. If you don't know personally the people you are sending your assets, then don't. You should look for their credentials if they are a good tool to use for bitcoin investments because some people are really ignorant about how scammers act. You should be vigilant in the things that can occur in a cryptocurrency investments to keep your assets from danger.

The Cryptovator

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Scam will never end but scammers choose bitcoin as a easy payment methods. This is advantage for scammers that no one will able to find out them and funds aren't reversible. But it doesn't mean bitcoin is related with such as scam. Anyone shouldn't recognise with such as phone calls or messages where asking to invest your bitcoin or real money. They will offer a very greedy plan, of course this kind of scam happening with fiat money as well. But fortunately bitcoin scams highlighting since this is virtual currency and there is very less chance to trap scammers. Just we have to be careful about such as scam and don't fall into scammers trap.

eaLiTy

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Quote from: Eugenar on June 21, 2020, 01:54:25 AM

There are so many scammers in this world, we should be careful when there are someone messages us out of nowhere if you don't know the number just ignore it especially when it is about money. You don't have to pay attention to those text messages. Always assess the situation if needed.

It is a scam that is running for the past two years, what the scammers does it convince the end user that they are calling from the government and they need to move their money from their accounts through BTCitcoin ATM then ask to forward the private keys. There were a few scam call centers that are busted and when i reviewed their modus operandi it was mind boggling that people would trust random phone calls as government officials without fact checking.

Harlot

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I think this has nothing to do with Bitcoin at all but the scam of this people are trying to make. CRA is Canada's version of IRS in America and I've seen a lot of videos in Youtube on how the scam will go down. Usually they will receive a phone call and they will say to that person that they still owe money and they need to pay it in some sort of gift card from the Apple store or in Walmart which I think isn't really a realistic ask by a government agency to pay. Bitcoin is the same why would a government agency pay for something what you owe in a currency not under them as a legal tender? It doesn't make any sense at all and only gullible people can be fooled by that type of scams.

LbtalkL

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I hate when they call it "bitcoin scam" it should be "fake Bitcoin investments". Well, this is not new, fake investments are always there trying to fool some people, especially to those who are a newbie in cryptocurrency. In my country they exist they have different styles. Some do it through fake websites, in social media (they will keep approaching you using different accounts offering some scam), Also, some have the guts to do some fake trading training and they will encourage everyone to invest with them I hope they will get punished.

Quote from: Sanitough on June 21, 2020, 07:22:07 AM

TBH, the title of the thread was really catchy that's why I opened this thread, but misleading as I said.

Yeah, it is pretty misleading. If they used the dollar to scam people, so its a "dollar scam?" I am pretty sure some of it is just spreading this news to FUD.

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Scammers are really flexible and they can attack each and every country that they want to target. Unfortunately, in this news, they attacked Canada using fake bitcoin investments and victims are really not aware about scammers. Everyone of us should be aware and become more careful the next time that we encounter that circumstances.

Never trust easily as people nowadays can betray you, a simple information about yourself makes them access your accounts.You need to give importance about your assets.

Canadian authority should become more alerted so that they will focus on keeping the safety of all cryptocurrency users, especially those who use bitcoin in their investments. It is not safe nowadays and you need to improve your account's security.

ololajulo

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Almost every country and society now have forum or community that represent cryptocurrency, they disseminate information that are relevant and current. They should do enough to protect every crypto investors within their area. Such news should quickly get to the media to prevent loss from owners and manage the negative effect of such success scam. We need to do everything to protect the good purpose of the space and prevent government reaction if it persists.

Sanitough

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The news is misleading, that would ruin bitcoin's reputation because in the first place bitcoin is not scam.
Why these media are dragging bitcoin into negative news, they could have make a different title like "Ponzi scam using bitcoin" or anything but not this title posted by OP. Scams are everywhere, people has to be educated to prevent themselves into falling this kind of scam, that's the only weapon we need to have so these scammers will not succeed.

TBH, the title of the thread was really catchy that's why I opened this thread, but misleading as I said.

whyrqa

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A lot of people go on about scammers due to lack of information. Of course, scammers offer very good conditions, and really dreams of big incomes overshadow common sense. But a person who has encountered very little cryptocurrency can make a lot of mistakes. you can not transfer cryptocurrency to anyone, especially when very dubious conditions are offered and at the same time the addressee cannot be identified. it’s possible to find out the name and surname of the payee using a bank card, and when transferring Bitcoin, only the address is indicated and no one knows who the payee will be.

serjent05

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Quote from: Twinkledoe on June 21, 2020, 05:32:27 AM

People should be smart enough before sending any money to unknown entities. They are also driven by the idea of get-rich-quick-scheme the reason why some are lured from it. But they have heard a lot of crypto scams already, so they should really be careful in dealing with this too-good-to-be-true offers.

That should be the thing. But, sadly people always fall for this scam. Probably greed numbs their mind into functioning. Only thinking about the possible money they will get on this scam scheme. I have known lots of people who always fall for this kind of scam. Most of them are from the Multi-level marketing industry since most of these scam pretend to be this kind of scheme but actually an HYIP or pyramid scam.

Sadly the article is too vague, not mentioning the name of the company involved in that scam.

Topic: Another bitcoin scams hit Canada - page 3. (Read 4576 times)