Topic: Bitcoin Scam on Facebook Uses Identities of Singapore’s Elite to Swindle Users (Read 108 times)
November 30, 2019, 02:36:49 AM
The only way that this can be stopped, is that Facebook step up their campaign against crypto scammers. I don't know they seems to go back and relax again after cracking down most of the scams early this year. And for those individuals, don't be greedy, nothing is free in this world, or at least getting huge ROI smells shady. Just used your common sense and you will be good.
November 29, 2019, 06:23:06 AM
It can be stopped if it's circulating on Facebook. The platform has a way to recognize suspicious websites being shared on personal messages and I think they can do the same with posting of links through groups, pages and even personal walls.
They just have to set an ai recognition for it which I think is already working but they have to strengthen it concerning these fake links and scam projects. The system should be likethis, ff facebook recognizes the link to be a new one, they'll automatically decline it to be posted unless the person posting it will comply to a set of standards set by FB.
They just have to set an ai recognition for it which I think is already working but they have to strengthen it concerning these fake links and scam projects. The system should be likethis, ff facebook recognizes the link to be a new one, they'll automatically decline it to be posted unless the person posting it will comply to a set of standards set by FB.
November 28, 2019, 07:26:56 AM
To be honest, this cannot be stopped as more and more Bitcoin scam companies are emerging and might use another celebrity's name and image without prior consent.
You will find more ways from scammers to lure people into investing in their shitty projects, there are many projects using fake team members and fake vouching and some are using legit business personalities without their knowledge, i have seen scam accusation and investigators here doing a good job hunting those scammers and contacting the person advertised to know whether they are really related to the project.I don't think these people involved in a scam project will respond to the ways of contacting them. Investigators will always do their job according to the mindset of affected groups of people who've been their victims. Using the names of Celebrity was a more deceiving strategy coming from these scammers who used a platform stating that a popular celebrity is part of their team, unfortunately, it's was just absolutely lies. Swindlers can't be stopped, and the only to prevent them to intrude you as their potential preys is to avoid having transactions on unknown people. Always scrutinized if someone offers you any type of investment in order to prevent falling to the traps of swindlers.
November 28, 2019, 06:38:55 AM
To be honest, this cannot be stopped as more and more Bitcoin scam companies are emerging and might use another celebrity's name and image without prior consent.
You will find more ways from scammers to lure people into investing in their shitty projects, there are many projects using fake team members and fake vouching and some are using legit business personalities without their knowledge, i have seen scam accusation and investigators here doing a good job hunting those scammers and contacting the person advertised to know whether they are really related to the project. 
November 28, 2019, 02:16:47 AM
We should report this scheme to Facebook, so they can take action and not again be accused of allowing scams to be taking foothold in the biggest social media site. I am seeing similar articles like this being shared on Facebook for free, and they are getting the traffic they want by attributing sometimes controversial statements to famous people only to see that the article is actually promoting an investment scheme which is of course just another scam. We should never allow the return of fake news to Facebook that is why alerting them can be helping a lot.
November 27, 2019, 10:18:39 PM
People are way too gullible i swear.
If you want to invest, you have to do your due diligence. One rule of thumb is that if you see some ad that is promising incredulous returns, it's likely to be fake, if not a ponzi scheme altogether. I've seen plenty of these ads and the best thing to do is to just ignore and report them.
The thing with these sort of scams is that they're so obvious to spot, but if you fall into one, there is no chance for legal recourse. You're not dealing with a legally compliant investment entity or anything like that, and the admins behind these schemes are largely anonymous.
If you want to invest, you have to do your due diligence. One rule of thumb is that if you see some ad that is promising incredulous returns, it's likely to be fake, if not a ponzi scheme altogether. I've seen plenty of these ads and the best thing to do is to just ignore and report them.
The thing with these sort of scams is that they're so obvious to spot, but if you fall into one, there is no chance for legal recourse. You're not dealing with a legally compliant investment entity or anything like that, and the admins behind these schemes are largely anonymous.
November 27, 2019, 12:28:05 PM
I'm seeing a new round of scams with the same trick happening in different websites/apps lately and the involves impersonation not only by the identity of the person but also known pages of websites in order that they can scam money out of it. One of the worst things I saw lately was a livestream of a channel showing Vitalilk having an interview and it fooled thousands of people with their “send ETH to this address” scam. I do think that the government should step up or at least these websites like Facebook and Youtube do their thing
We know on how FB and Youtube works when it comes to frauds but it wont really be totally get rid out of lots of users to be check thats why theres always a report button or sending our reports.Anytime i do see a potential scam neither on social media or any other platforms then i do immediately report it before they would able to fool out lots of people and scam hell ton of money.
Its not totally new on using up other personalities to scam or swindle out users.Scammers would really do all sorts of things just to extract out easy money from others.
November 27, 2019, 09:59:39 AM
I'm seeing a new round of scams with the same trick happening in different websites/apps lately and the involves impersonation not only by the identity of the person but also known pages of websites in order that they can scam money out of it. One of the worst things I saw lately was a livestream of a channel showing Vitalilk having an interview and it fooled thousands of people with their “send ETH to this address” scam. I do think that the government should step up or at least these websites like Facebook and Youtube do their thing
November 27, 2019, 09:08:45 AM
Profiteering can be subject to serious criminal offenses because it has spread to the public, there must be enough evidence for further processing from people who feel disadvantaged.
has happened in my country when they took a photo of one member of parliament without permission. The ITE Law in my country has been able to process Facebook screenshots as evidence related to investment fraud, from which accurate data can be developed.
has happened in my country when they took a photo of one member of parliament without permission. The ITE Law in my country has been able to process Facebook screenshots as evidence related to investment fraud, from which accurate data can be developed.
November 27, 2019, 08:03:00 AM
Local news outlets in Singapore report that several fake articles linked to a Bitcoin-related scam have been circulating on Facebook.
Several local news outlets in Singapore report that a series of fake news articles linked to a cryptocurrency scam have been making the rounds on Facebook for months. The scam uses the identity of Temasek Holdings Chief Executive Officer (CEO) and spouse of the Prime Minister of Singapore, Ho Ching, to promote the scam which speaks of a cryptocurrency called ‘Bitcoin Pro.’
Read the full news here
Until now, these filthy scam companies are just using the faces of popular celebrities and the elite to take advantage of their "victims" in believing them.
I remember one ongoing scam company, Ubex AI, has used Ian Balina's image with his fake "quote" about their project without permission last year. In return, Ian Balina ranted towards Ubex AI for using his name and image to their advantage without permission on Reddit.
Right now, they are in the "delay game" to keep the faith of their poor community, only to make an exit scam later on when they're out of funds. I'm kicked out in their Telegram group because of speaking scam accusations against them recently.
To be honest, this cannot be stopped as more and more Bitcoin scam companies are emerging and might use another celebrity's name and image without prior consent.
Several local news outlets in Singapore report that a series of fake news articles linked to a cryptocurrency scam have been making the rounds on Facebook for months. The scam uses the identity of Temasek Holdings Chief Executive Officer (CEO) and spouse of the Prime Minister of Singapore, Ho Ching, to promote the scam which speaks of a cryptocurrency called ‘Bitcoin Pro.’
Read the full news here
Until now, these filthy scam companies are just using the faces of popular celebrities and the elite to take advantage of their "victims" in believing them.
I remember one ongoing scam company, Ubex AI, has used Ian Balina's image with his fake "quote" about their project without permission last year. In return, Ian Balina ranted towards Ubex AI for using his name and image to their advantage without permission on Reddit.
Right now, they are in the "delay game" to keep the faith of their poor community, only to make an exit scam later on when they're out of funds. I'm kicked out in their Telegram group because of speaking scam accusations against them recently.
To be honest, this cannot be stopped as more and more Bitcoin scam companies are emerging and might use another celebrity's name and image without prior consent.
This is one of the challenges we will continue to have in crypto as long as there is nobody to ensure that things are done right. I am sure majority of the celebrities being used might not even be aware unless maybe someone called their attention to it. I have not seen a company launching a product or wanted to raise fund in the capital market that would claim someone is their board member or they have a brand ambassador or influencer without express approval for such because they know someone will ask. Aside the ordinary members of the public, even the stock market officials would so their own due diligence before being allowed into the market but in crypto, everything goes. Someone in far away Asia is advertising to those in the Philippines and using a reputable figure that either does not exist but a profile is create for
November 27, 2019, 05:40:56 AM
Local news outlets in Singapore report that several fake articles linked to a Bitcoin-related scam have been circulating on Facebook.
Several local news outlets in Singapore report that a series of fake news articles linked to a cryptocurrency scam have been making the rounds on Facebook for months. The scam uses the identity of Temasek Holdings Chief Executive Officer (CEO) and spouse of the Prime Minister of Singapore, Ho Ching, to promote the scam which speaks of a cryptocurrency called ‘Bitcoin Pro.’
Read the full news here
Until now, these filthy scam companies are just using the faces of popular celebrities and the elite to take advantage of their "victims" in believing them.
I remember one ongoing scam company, Ubex AI, has used Ian Balina's image with his fake "quote" about their project without permission last year. In return, Ian Balina ranted towards Ubex AI for using his name and image to their advantage without permission on Reddit.
Right now, they are in the "delay game" to keep the faith of their poor community, only to make an exit scam later on when they're out of funds. I'm kicked out in their Telegram group because of speaking scam accusations against them recently.
To be honest, this cannot be stopped as more and more Bitcoin scam companies are emerging and might use another celebrity's name and image without prior consent.
Several local news outlets in Singapore report that a series of fake news articles linked to a cryptocurrency scam have been making the rounds on Facebook for months. The scam uses the identity of Temasek Holdings Chief Executive Officer (CEO) and spouse of the Prime Minister of Singapore, Ho Ching, to promote the scam which speaks of a cryptocurrency called ‘Bitcoin Pro.’
Read the full news here
Until now, these filthy scam companies are just using the faces of popular celebrities and the elite to take advantage of their "victims" in believing them.
I remember one ongoing scam company, Ubex AI, has used Ian Balina's image with his fake "quote" about their project without permission last year. In return, Ian Balina ranted towards Ubex AI for using his name and image to their advantage without permission on Reddit.
Right now, they are in the "delay game" to keep the faith of their poor community, only to make an exit scam later on when they're out of funds. I'm kicked out in their Telegram group because of speaking scam accusations against them recently.
To be honest, this cannot be stopped as more and more Bitcoin scam companies are emerging and might use another celebrity's name and image without prior consent.
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