Topic: British Man Duped out of $282,000 in Brutal Crypto Scam (Read 413 times)

Sad to say that despite of some negative news about crypto currency in the internet such scamming and the bad side of it, Seems there's a lot of people that still lack of awareness when it comes investing,
Probably they don't care about it since they let those thieves manage there personal information. Lol  because imagine is that possible to happen if you already know what sometimes happened when it comes investing through crypto currency especially with unknown people?  Looks like they're really want to earn massive profits and become blinded.

Believe me, the real scammer would not be so humane to spend the stolen funds on the poor people. I'm sad on his behalf he had to go through this. I believe most of these victims don't make inquires from people around them hence they are always victims of such scams.

its brutal indeed because not only they steal money but they use the guys info without him knowing it but it was also the guys fault on why this happen because he allow the criminals to use his pc .
we need a follow up update to this case once the criminal gets caught .
 who knows maybe he is a real life robinhood too and he gave the money that he stole to the much poorer persons .

Nottinghamshire is the city where the famous Robin Hood stole from the rich to give to the poor. Now, metropolitan police say a scammer has stolen $ 282,000 from a local man in the same wooded area.
The victim, who did not want to be identified, said the scammers deceived him after an online conversation in 2020. Apparently, they promised him to invest his money in a fake brokerage firm, promising to receive a significant amount of bitcoin as a profit.
The thieves tricked the man into allowing him to access his computer remotely. In this way, they used his personal information to get a loan.
Detective Sergeant David Breach said in the police report: “Reports of investment fraud have increased significantly since the start of the coronavirus pandemic, which is unsurprising when you think the vast majority of us have had to conduct nearly every aspect of our lives on a computer or mobile phone.”
In the six-month period between October 2020 and March 2021, US users reported more than $ 82 million in online cryptocurrency fraud, according to the US Federal Trade Commission.
Perhaps it is time to repeat the obvious: People who want to enter the crypto space need to know that they face a myriad of dangers and inconveniences. Because of your love to cryptocurrency, do not respond to unexpected messages from unknown senders and unreasonable promises of astronomical profits or rewards.


Source: https://decrypt.co/73446/british-man-duped-out-of-282000-in-brutal-crypto-scam

Now, metropolitan police say a scammer has stolen $ 282,000 from a local man in the same wooded area.

They promised him to invest his money in a fake brokerage firm, promising to receive a significant amount of bitcoin as a profit.

The thieves tricked the man into allowing him to access his computer remotely. In this way, they used his personal information to get a loan.

Sometimes it is the attitude that brings us to scamming, because even if we Knew about those scam strategy but if you have a greedy personality then if this knocks on your door basically you'll bite the trap and become the victim eventually .

I would assume that the victim must be belonging to the older generation and is not a big fan of reading news on the internet or even watching YouTube videos on many types of scams and frauds. The strategy used here is already very common and this has been reported many times online including many videos on YouTube which many very entertaining as the supposed victim turn around the situation. Letting anyone take the control of your computer remotely is a big no no and trusting someone whom you just talk online with a big amount of money is like burning your own house. Old folks should resist the call of the greed and use always a big amount of common sense. This is one big lesson to all - young and old.

It is sad to hear but hey, a fool is born every second !
I fail to see the "Crypto Scam" in all of this. He was promised some BTC, the victim invited him into his laptop and the thief used his personal info to take a bank loan.

If he was promised diamonds or something else would this have been a "Diamond Scam" or "The old gold scam" ?

And one more thing... he got duped because of his love on money, not crypto !

Scammers are using crypto such as bitcoin for fooling, stealing people's assets, and also hacking websites, companies, and has been a huge issue in the cryptocurrency scene today. Because other people that don't have knowledge are blaming crypto, Recently seeing some news on journalists and reporters having negative comments too.

Scammers are using crypto such as bitcoin for fooling, stealing people's assets, and also hacking websites, companies, and has been a huge issue in the cryptocurrency scene today. Because other people that don't have knowledge are blaming crypto, Recently seeing some news on journalists and reporters having negative comments too.

Scammers are using crypto such as bitcoin for fooling, stealing people's assets, and also hacking websites, companies, and has been a huge issue in the cryptocurrency scene today. Because other people that don't have knowledge are blaming crypto, Recently seeing some news on journalists and reporters having negative comments too.