Topic: Is this a scam? What to do next. (Read 2486 times)

Rich week scheme, most of people are interested to join in schemes like this because they are putting their money with an assurance to get more.
If you are vigilant in investment, I am sure that you will be scammed anytime and anywhere. We should be observant with the investment program we will join. Because we don't know what they are talking about if it is real or just a lie.

Well, for scammers , faking online has made them instant rich, so they will find ways for them to have a quick bucks, so it will be up to us how are we going to get rid with their modus. Especially in hacking our accounts, let's be careful with it, scammers are everywhere they even make fake social media accounts so don't ever rely your exchange concerns to twitter or to the facebook account.

Its total fraud and BoB/Sam must not invest any more cent in this project. Such profit is of no use that can only be seen on app and cant be withdraw to an account. 2500 EUR are already gone, don't lose anymore.
Police can help if the project is registered with some regulatory body.

sorry to just jump into this forum but i feel the need to inform ppl and feel this is a good place to do so. ive been into crypto since the beginning and long story short do NOT trust bitmain they are a total scam not only locking out my account from outgoing transactions but i go to check months later and they withdrew my entire balance to some where on the block chain resulting in an entire loss of principle investment of 0.5 btc not to mention my earnings compounded over years, i know its the nature of the game to take losses but never have i seen a company lock out my accounts and then transfer the full balance to themselves, i say this not out of anger but rather out of shock and surprise that extends to a comical level ive put allot into bitmain, hardware, pool mining, rented hash etc and they simply stole it all. i have more respect for thugs who have robed me at gun point in the hood than i do for bitmain, ive made this account just to try to inform ppl not to invest in bitmain, not only do they try to manipulate the market fair enough but they will straight rob you. once again im not some hyped up investor who bought into the crypto boom, i believe in crypto since the start and i know bitmain will rob you one day when the time is right, i even thought this at the begging and they still got me just never thought it would be so plain and simple as withdrawing my entire wallet lol

Online is not best way how can your trust with some one without know her, I trust many people in online but never have deal so far like you because I think when something bad later we will disappointed after scam, better only use little transaction with your online friend and best time for use your way to invest in bitcoin or altcoin,

Making it online is easy for them to scam people, other than that its more secure for them to do this online than do it in real world.
About the transaction they can use mixer so they cant be traced by sending funds.

This kind of cheating is done by many people. They are actually professional scammers. I think they are scamming. They make their living by scamming. Who should catch them and punish them. They create fear among ordinary people through these apps. And discourage investing in the currency world.

yes, it is a scam. it is better to report the police, in the crypto investment there is no compulsion. if aa force like that. report the police immediately. a suggestion for your friend is to report. if it can't be traced, then summarize all of it. and learn about crypto. but if your friend doesn't want to. then keep away from the world of crypto investment. because it is very dangerous if there is no experience in the crypto world, for an investment

Many scams switched to cryptocurrencies, unfortunately.

This is because:
1. Blockchain transactions are not reversible (beside situation of ethereum hard fork couple of years ago, but this is an exemption)
2. So far there is, in general, no identification of the receiving party - you just type in wallet address (and with some other cryptos as well transaction ID).  This is supposed to change thanks to FATF recommendations
3. If a scammer is changing wallet frequently (or using privacy mode of privacy coins), it is very problematic to track scammer.

And if someone is offering you easy money fast and without effort - it is too good to be true, and therefore you should avoid such company at all the cost.

Well, this smells and sounds fishy, all right! Why didn't Sam seek for counsel before "investing"? Now he's gone and got himself in a pickle lol. Well, if he's in the same country as the people calling him, then he can report to the police. But this should be only when he's tried to withdraw his supposed earnings and it failed. But if he's not in the same country, he should just count his losses and move on. Some days are like that...

These scams get you to put in, and continue to put in by showing you how much amazing profit you are making. They lie.
The problems and excuses will come when you want to withdraw. Forget that ever happening.
Depositing is easy, withdrawing is not an option.

That was a so sad experience. The best thing to do now is to stop the investment and all the sending of money. We cannot go back anymore of the mistakes done. Maybe it can be reported but definitely these people are very intelligent too to be easily recognized. However, there are maybe ways to locate them but I think there is really no assurance to fully get it back. Only lessons learned that we should not entrust big investments to unknown sources. Specially now that everything can be offered online. Its really too risky to invest and trust your money with online people.

It's amazing to hear your story that your friend doesn't know about crypto, but wants to be told to join in investing.
obviously a very bad lesson if we do not know something but want to be invited to do cooperation that we actually do not know what will be done next.
it's better not to continue adding money for investment, but the question is can the police help? it only depends on your country whether crypto has been legally recognized, if you can report it with the available evidence but if it is not legal yet it will be difficult to report.

give us name,website,phone,etc so that we may help or at least we take care of that.

There are actually lots of ICO that have been scamming people, that is why you should be aware of your moves and decide beyond your intelligence. You should have not trust anyone that you dont know if someone really try to offer you good stuff out of nowhere, maybe you should check it if it is legit, kindly make your own study w=of what he is saying and look for the other people's comment if that is legit so that you should know. If not, do not talk to them, but if yes, you should try that by studying again on what are the other benefits you can get if you invest or buy some tokens to them so you should know in the future if you will earn or not.

These kinds of schemes which are too good to be true are most definitely scam.

Maybe he as once a victim but don’t just blame the whole country for that,remember that there are different people in each countries Andy it’s just happen that you have been a victim of Russian people lol

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But you’re right mate it’s very expensive to call from international country and this will cost them a lot for a not so sure victim.so better take care next time and don’t let be fooled by others

The police can at least help his friend if they somehow get a hint on the location of the scammer. However, it will not be too easy to do.
Transactions that have been done is anonymous and irreversible, it will be a huge challenge for them to find and arrest the one who manages the Ponzi scheme activity

His friend should have realized that it is clearly a scam at the very beginning, there is no such investment like that. He should have avoided it in the first place.

Sam immediately should stop investing there. And if Bitcoin uses legal on Sam jurisdiction then you may proceed report to police although I don't believe they would able to do anything since bitcoin is irreversible currency. However he might try his luck. Its seems Sam has been invested on Ponzi Scheme somehow and all ponzi scheme has been turned into scam eventually. To be honest, Sam is too greedy on your story. Why he should involved with it if he doesn't have enough knowledge? The result is scam, that's how greedy people are getting scam. This would be a lesson for other. Just stay away from them who are offering you hight return on investment.

So far, it is very impossible that they will call you from outside of your country basically the fee is so huge that they will not let themselves pay just to call you. But if you know yourself in crypto doing good, and having a huge profit and sending your KYC all over the cryptospace, then  you should be careful about it.