Buying house with fake tokens - page 2.

re-start

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Quote from: minairia3 on August 14, 2022, 06:13:19 AM

You have edited your story but still don't have any more information to prove your story.
I am still following your story and so far you have not been able to provide details or link to us proving this is a true story. If you can't provide the link, tell us what is the name of that fake token? And how were the home sellers cheated? Is he a crypto investor?, $1.2 million is not a small amount, it is not easy for someone to be cheated with such a huge amount.

Believe me, I was reading a newspaper with my brother and I only saw this description. There was no name or address.
I texted my brother to bring me that newspaper to read it again.

Anonylz

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Quote from: re-start on August 13, 2022, 05:36:47 AM

I read in the local news that a person bought several houses with fake tokens. He has defrauded more than 1.2 million dollars and now, house owners have a worthless fake token. This is not new. We have seen different scams over the years by using cryptocurrencies! But I read people's comments and seems they are angry.
A good event can change people's views of cryptocurrencies.

what do you think guys?
If you have an interesting idea, I can use it and share the result here for you.

Unfortunately some people have this habit of not interested in basic knowledge of things happening around them, otherwise this situation would have been prevented if they have knowledge about crypto space and the type to accept for payment.
They were given shitcoins in place of their property without knowing, this is definitely another bad image on crypto. Anyone who wants to accept crypto as alternative payment should first understand it and have full knowledge of what to do or stick to using fiat.

hichamito37

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Quote from: coinerer on August 14, 2022, 05:14:51 AM

Quote from: smartaction on August 14, 2022, 02:59:25 AM

This story does not seem credible. Buying a home requires a lot of reliable documents from both the buyer and the seller . Where there is no scope for cheating . I think the op made this story up to get some fucking Smerit. If this story is true then op should share the valid link here. Otherwise I think it's a fake story .

It's true that big scams are constantly happening through cryptocurrencies . But most scams are anonymously . A scammer will never openly scam and never use personal documents to scam. Buying a land or house properties requires many documents. So a scammer can never buy them by scamming. And if bought, legal action will be taken quickly against him. So I also don't think there can be any truth to op story.

And $1.2 million is a lot of money. Even anonymous transactions will be through a reputable exchange, not just a story of two parties. I don't believe this story, it's too fictional and lacks information to confirm. As you said, buying and selling real estate needs to sign a lot of papers and be certified by the local government. How can a scammer do this so easily?

Woodie

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Quote from: re-start on August 13, 2022, 05:36:47 AM

I read in the local news that a person bought several houses with fake tokens. He has defrauded more than 1.2 million dollars and now, house owners have a worthless fake token. This is not new. We have seen different scams over the years by using cryptocurrencies! But I read people's comments and seems they are angry.
A good event can change people's views of cryptocurrencies.

what do you think guys?
If you have an interesting idea, I can use it and share the result here for you.

If this story of fake tokens is true, I believe the owners of these houses can still claim them back as the contract between seller and buyer isn't technically complete as mode of payment isn't real, this is as good as selling some some stolen stuff and owner finding it... Here there isn't any transfer of ownership!

minairia3

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Quote from: re-start on August 14, 2022, 12:04:28 AM

Well, guys, I need to provide some updates according to your questions:

First of all, yes, this is real news.
First title: A scammer who bought several houses with fake cryptocurrency, and yes, that person has been arrested. It's funny Cheesy

I also read it in the newspaper. I'm sorry, but I don't have a direct link. If I find it, I will update this thread immediately.

You have edited your story but still don't have any more information to prove your story.
I am still following your story and so far you have not been able to provide details or link to us proving this is a true story. If you can't provide the link, tell us what is the name of that fake token? And how were the home sellers cheated? Is he a crypto investor?, $1.2 million is not a small amount, it is not easy for someone to be cheated with such a huge amount.

Dr.Osh

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so many questions about this if you don't provide the link. we don't know what their transaction was based on, and how the homeowner would want to exchange the house he owns for tokens that have no price. IMO, it would be very stupid for someone to exchange their house for a coin they don't even know how to exchange. and identify it. even more so if you don't ask the expert what he's going to trade. I just feel that this is a very strange thing.

coinerer

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Quote from: smartaction on August 14, 2022, 02:59:25 AM

This story does not seem credible. Buying a home requires a lot of reliable documents from both the buyer and the seller . Where there is no scope for cheating . I think the op made this story up to get some fucking Smerit. If this story is true then op should share the valid link here. Otherwise I think it's a fake story .

It's true that big scams are constantly happening through cryptocurrencies . But most scams are anonymously . A scammer will never openly scam and never use personal documents to scam. Buying a land or house properties requires many documents. So a scammer can never buy them by scamming. And if bought, legal action will be taken quickly against him. So I also don't think there can be any truth to op story.

smartaction

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This story does not seem credible. Buying a home requires a lot of reliable documents from both the buyer and the seller . Where there is no scope for cheating . I think the op made this story up to get some fucking Smerit. If this story is true then op should share the valid link here. Otherwise I think it's a fake story .

Frengki_cisco

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Quote from: re-start on August 13, 2022, 05:36:47 AM

I read in the local news that a person bought several houses with fake tokens. He has defrauded more than 1.2 million dollars and now, house owners have a worthless fake token. This is not new. We have seen different scams over the years by using cryptocurrencies! But I read people's comments and seems they are angry.
A good event can change people's views of cryptocurrencies.

The owner of the house I think is very stupid, this is the first case I have ever heard of as long as I know digital currency, why did the owner of the house not check the token first in the crypto market, the price and type of crypto, how he immediately received the coin without checking, something strange if the owner of the house sold the house with the token he himself did not see what token it was.

StormHawk

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Never read anything about this anywhere, next time try sharing link to the original news so that we can have a better understanding about what happened, all you said dont make sense to many on here and you can see, it sounds too good to be true or probably a lie it is.

MarjorieZimmermanGinger

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Quote from: re-start on August 13, 2022, 05:36:47 AM

I read in the local news that a person bought several houses with fake tokens. He has defrauded more than 1.2 million dollars and now, house owners have a worthless fake token. This is not new. We have seen different scams over the years by using cryptocurrencies! But I read people's comments and seems they are angry.
A good event can change people's views of cryptocurrencies.

what do you think guys?
If you have an interesting idea, I can use it and share the result here for you.

First you have to include the news link, so that we can understand and learn together the concept of fraud by that person, because judging by the posts you made, most likely the victim is someone who doesn't understand crypto.

This is a user case involving big names in crypto, with crimes being committed regularly and targeted at people who are not aware of the concept of crypto itself, we can be sure this will not happen, if someone can do some study and know the concept of crypto, we hope no more similar cases will happen, maybe this is what crypto people say has a high crime rate, even though this category is only aimed at people who don't understand the general picture of crypto.

5W-KILO

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Sorry OP but this looks like a big fat lie to me because its not genuine or maybe you are not sharing the exact details of what really went wrong, who would accept tokens in this era for big house? Those who bought houses with crypto use BTC and the sellers of those houses know more about crypto as well, you need some explanations to make.

posi

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Quote from: re-start on August 14, 2022, 12:04:28 AM

Well, guys, I need to provide some updates according to your questions:

First of all, yes, this is real news.
First title: A scammer who bought several houses with fake cryptocurrency, and yes, that person has been arrested. It's funny Cheesy

I also read it in the newspaper. I'm sorry, but I don't have a direct link. If I find it, I will update this thread immediately.

Does it happen in your local?, where did you read it without any link for us. It's really difficult to scam like this, because to buy and sell a house you have to meet the partner directly and sign a sales contract, as long as there is fraud here, then the scammer will be caught. No wonder the scammer has been caught, it's so obvious and acting stupid.
One more thing can you provide that dummy token name? is it a shit token or a bogus token?

makishart

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It seems unreal for me. These days internet has become a part of our life and i thought that if the house sellers must not be stupid enough except if this kind of case happened in the third world country where people have less access to the internet or having very low knowledge about crypto.
Im not feeling doubt if sometime people can even believe with what others site and that's pretty similar like fraud. I will not fully trust this story as the source is not even known.

First Registration

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Quote from: re-start on August 13, 2022, 05:36:47 AM

I read in the local news that a person bought several houses with fake tokens.

Yes, you are right. Because nowadays there are many scam bounties. In fact, those project tokens are created and sold to everyone, and later the project team eats money without giving any liquidity to those tokens. And in this way, if someone spends money for 3-4 projects, it is possible to buy a house easily. So we should always beware of these cheats.

re-start

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Well, guys, I need to provide some updates according to your questions:

First of all, yes, this is real news.
First title: A scammer who bought several houses with fake cryptocurrency, and yes, that person has been arrested. It's funny Cheesy

I also read it in the newspaper. I'm sorry, but I don't have a direct link. If I find it, I will update this thread immediately.

gunhell16

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Quote from: re-start on August 13, 2022, 05:36:47 AM

I read in the local news that a person bought several houses with fake tokens. He has defrauded more than 1.2 million dollars and now, house owners have a worthless fake token. This is not new. We have seen different scams over the years by using cryptocurrencies! But I read people's comments and seems they are angry.
A good event can change people's views of cryptocurrencies.

what do you think guys?
If you have an interesting idea, I can use it and share the result here for you.

You mentioned that you read it in a piece of local news, right? I just want to know what local news is this. do you have a source link for this mate? I hope you included it in your post here so that other members of this forum can also check it. And the amount of 1.2M$ is not a joke either, actually, it's a huge amount.

I hope you can at least provide reference links to the ones you said you have seen many scams like that situation. There is a little lack of detail in your post because it is not stated how the buyer sold it, so it is very impossible that you will release 1.2M$ so easily without even mentioning that he held the title of the house he bought, whatever. the fake token was given and then 1.2M$ was given immediately. because that's how your story used to be in your post here. Because if I'm the one holding that amount, I can't just immediately hand over that money when I don't have the title to the house and land.

samcrypto

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As much as I want to believe on this story, I can’t find any link or articles in google with regards to this incident, Maybe OP can provide a proof for this and be more specific about the shitcoins you’re talking about.

Imagine, if you’re a seller and you are too careless dealing with people you actually don’t know, i really doubt on this. Though you can really get fooled by shitcoins in other way, with real estate it too impossible.

judeafante

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Quote from: MAAManda on August 13, 2022, 07:25:59 AM

No direct link to news = Fake, I've even searched for news about this on google, but I didn't get any results. And if this is the case, it shouldn't take long for the homeowner to get his rights back because he was duped into buying the house. Maybe the first thing the OP can do is share a valid news link regarding this issue, then we can continue the discussion.

I also don't believe this, if you are buying a house you can't commit fraud because you will be charged with estafa and the sellers can recover their houses because there are paper trails and transactions, the judge can easily rule this case in favor of the sellers, as the buyer will have multiple violations, it's different when the transaction involves something online and both parties are far away to each other.

Oceat

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Who on earth would sell their houses when they don't know a single thing about the crypto currency they've been using for transaction? If there are people like that how come they believe on such shit when using Bitcoin is different than using any shit coin to buy something. A link would explain everything if OP have one since I still can't believe if it's true or not. Buying something like house's is difficult already then there it is someone just sold house because of the shit coin, it's insane how scammers would gonna do anything just to take advantage of their weaknesses.

Topic: Buying house with fake tokens - page 2. (Read 421 times)