Topic: Billions scammed bbc doc (Read 188 times)

Scammers these days are expose, but what keep them coming back and making another projects? its the people who invest the scammers are targeting not the people who have lots of money but the people with less knowledge about trading and investing, if you will look or chat on people who get scammed, they make a little money, so what these means, because they want to earn a lot in less time, they are more vulnerable to these scammers, even though there are lots of post regarding these, promise for high return in less time, really lure them, so no matter how many post regarding these scammers as long as they don't learn , scammers is still there to stay.

The problem with YouTube people is that they believe that trading and cryptocurrency is a way to make money grow on trees. A few clicks, you do not need education, and you will earn $ 1,000 per month, and the amount may be more than that.
Here greed begins to take over, so they register using the referral link, and suddenly $ 25 is free, they now believe the game, and after a few clicks, the amount becomes $ 50.

Greed increases, so the person deposits $1,000 to make it two in a few days, but starts losing and wasting his money.

Google is an advertising platform so it collects data from its users and sends ads according to that data. We always find videos on youtube on a subject that we show our interest, it is because google collects all our data and places the youtube video in front of us based on that data.

You like to watch videos about making money, you search the terms which is based on making money, so youtube recommends what you like most.

When you are getting influenced by these paid influencers who are just shilling out and promoting these scam shit coins you are already on the way of losing money.They are getting paid for what they speak and youtube has 90% of these crap which has nothing in their content but only advertisements.

So there are many people who fall for such things because the greed factor is always present there along with unawareness of the market because you are blindly following the advice of these people and don't care to read why you should put money into it.

Be careful for what you search on internet as you would come across many such videos claiming that you can earn thousand of dollars without doing anything but they are clickbait just to earn views from you and when you open them up they would recommend you to download fake apps or invest small amounts in scam projects because they have been paid for it but in reality you would not earn any money but will also loose what you have.You can earn with some skills or doing some work that's it and believe in this not fake YouTube videos.

I know why youtube suggested me that video, because: my that youtube feed is full of make money online video and that scamming video was trending so youtube suggested me that i like these type of video or not.

As long as there are naive people (and there are millions of them), scammers will do what they do best and make millions, or as your yt video claims billions, and I'm surprised they didn't use a stronger term, say trillions. People who use social networks and various apps to communicate with complete strangers and give them money at the same time deserve nothing more than to learn the hard way.

Have you ever wondered why yt is offering that video to you? They obviously know a lot more about you than you realize...

Nowadays, scammers are widespread on many social media platforms, trying to defraud and con people from a variety of industries.But if I may say, the types of people who become victims frequently are those who are desperate to accumulate wealth by any means. These are the types of people who are susceptible to persuasion because of their logical thinking, and those who are unaware of the tricks con artists employ also end up as victims. The truth is that everything you mentioned is true—there is no easy money anyplace, especially online—and that you must work hard for it. Therefore, everyone should exercise caution around con artists and conduct thorough research before investing in any internet enterprises.

That's not a job in any sense, that is an investment scam! Don't fall for it. You should also report the group to Telegram so that it gets deleted.

There's no shortcut to making money except you will get cut short, which means even in Freetown nothing is free, we have to work on something and get paid for what we deliver, the more we do the more ut is being expected of us, we have a number of techniques scammers uses to deceive people, but when we have all it takes to stand strong against any influx of such, out knowledge and understanding about cryptocurrency will be an eye opener for us to decern a d know the right one from the wrong, everyone want to make money by any means but we shouldn't fall a orey to their own way of making money through us, we need to have good experience about scam techniques and routes they operate in other not to fall a victim one day.

Scammers are everywhere and they are now working in group to convince you not to smell something fishery. This is the reason why they would create a telegram group or watsapp group and lure their victim into the trap. The moment you are in their midst,sorry for you,if you are not smart and greedy,you will fall for them. I have been a victim to these scammers,where I was trapped in their middle,and I even spoke with one of them before I realized myself,it was when I have already sent the funds. After five minutes, was when I woke up from my slumber. From that day I have never trusted anything from people I don't know on the internet. Actually,I fell for them because I was in a mess and was eager to get money.


The funny thing with these scammers is that they will find another way again when most people have known their tactics. Greed and lack of contentment lead people to fall for them.

That's word on marble. It doesn't need to be spoken by a famous person before it gains the didactics it portrays. Everyone (traders or not) ought to have this in mind while surfing the net. The internet isn't a friendly place. One might be lucky to stumble on a few good men and humanity but the general outlook of the internet isn't a friendly one.

Talking about people getting scammed online, I think it's mostly because of their greed. That's if we take out ignorance. No one should expect to reap where they didn't show. I don't feel any pity for those who get caught in such because of greed. They deserve it.

It's good that you were able to recognize the red flags and did not fall for the scam. Scammers often use convincing tactics and promises of easy money to lure people into investing. It's important to always do your own research and be cautious when it comes to investing your money. Remember that if something seems too good to be true, it probably is. If you ever have any doubts or concerns, it's always best to seek advice from a trusted financial advisor or do more research before making any decisions.

In addition, just because your favorite media personality advertises a service, doesn't mean it's OK to trust it. Always remember they're getting paid for it and may not do their own due diligence before accepting the offer not to mention, not everyone can do a proper research and assess the risk involved. Who knows maybe their "research" is looking up trustpilot reviews which are easily filled with fake reviews.

Pointing this out cause the fake exchange appears to have gained credibility after sponsoring a known sports team. It's perfectly fine to become a fan of someone but we should all know our limits and not give in to weird parasocial attachments.

If everyone should know that this is the tactics scammers use to scam people I think many people will escape from scam, but some people will still know all these and still invest in this kind of platform that gives huge profit, as I stipulated before now that greediness is the primary thing that leads people into indulging into scam investment, the look of things its very obvious that we are the problem while we are scammed,  because if you go deep into thinking concerning how you will invest one thousand dollars and make five thousand dollars within one week or two weeks, you will know that it's too much desperation and been inquisitive of making free money that leads people into scam, and its people who don't overlook some offers that such kind of trap of scammers can hold because of greediness as I stated before.

Mind you that you shouldn't try something like this out with a small amount of money to determine their legitimacy, because more often than not when you invest in this scam with a small amount of money they are going to pay you your ROI, they do this for you to build a stronger trust in their scam platform, and the moment you do that and invest with a larger sum of money, that's when they would do their exit scam with your money, thus don't try to test stuffs like this out, just exit whatever group it is, or if it was a personal message, block the sender ASAP.

I have always been intrigue with those investigators who does their job with their identity exposed to the public it's a very risky job if you ask me, because you never can tell who it is that you're investigating and how dangerous the person or organisation is.

Although, I didn't get to watch the entire video but some parts I saw gave off a big red flag. Most especially the part where the man was asked to invest more so he could gain back what he has lose to scam trading, it's more like they were asking him to chance his loss.
They really did a very nice job in the documentary.


Wow, you were really lucky. When it comes to telegram one must be extremely careful because telegram is more like the den of scammers pretending to be parts of the company since it's very easy to wear the profile of the company and it's also easy to wear the company name and unlike linkedin and most other social media where you can see the past history of the account you're dealing with.
That's why it's advisable to always make sure you disable the options that allows unknown numbers to be able to contact you on telegram, that way you won't be receiving PMs from those possing as member of some known company/projects.

I watched the documentary and I have to say, it's well-made and very informative. It's crazy how many people have been scammed and lost their money. I have always been wary of these so-called investment platforms and this just confirms my suspicions.

@OP, just wanted to suggest that maybe the Bitcoin board isn't the best place for this particular topic. It might be more helpful to move it to the Beginners & Help section. Just a thought!

yes, some days ago I also came across this type of scam in telegram,

I first applied for a job on linkedin then someone contacted me through whatsapp and shared a telegram group for job.
after joining telegram group there are 200 members in that group, and they were posting that they received payment after investing.
the offer was like this:
invest $500 get $750 in 10minutes, the group was so convincing that anyone who has knowledge about this scam may be also get trapped

I was going to invest a small amount to test it. (there was many offer start from $20-$1000, + 50% in 10minutes)
but when seeing peoples profile who joined that group are all downloaded profile picture from different social media and stock images
and i left that group they create their scamming business by using much brain. any educated person also get convinced to invest small.

It's obvious that scammers is in existence and it's very clear, the main purpose while people falls into scammers traps is due to lack of verification before investment and greediness, you can detect scammers when you come into Trading investment, because if scammers wants to scam you through trading investment they deceived you by giving higher profits percentage that will trigger you to have much  interest for trading with them. Let me review some scope of scammers towards their percentages values of scammers, should incase when you come contrary to these know that it's the systematic way of scammers to get you trapped for trading investment platform,

So tried to avoid  them. The illustrations starts with these, invest five hundred dollars ($500) to get one thousand five hundred dollars ($1500) within the period of two weeks, secondly invest two thousand dollars ($200) to get six thousand dollars ($6000), thirdly, invest with ten thousand dollars ($10,000) and get twenty two thousand dollars. So with this kind of offer people will like to join and the investment without knowing that it's a strategies to scam them, I have been a victim of this kind of Trading investment offer in telegram in 2021, and I understand that its greediness that caused the issue.

youtube suggested me this video about how scammers made billions of $ by scamming people, telling about trading (I am posting here because we also trade crypto so stay away from these type of scams, there is no easy money)
watch this nice documentary it's very entertaining and informational: https://www.youtube.com/watch?v=w6JXZ3GzSCQ