Is this a scam? What to do next. - page 7.

mocacinno

legendary

Activity: 3584

Merit: 5248

https://merel.mobi => buy facemasks with BTC/LTC

Quote from: Lapatai on September 18, 2019, 03:59:01 AM

Well it happened in about a week to month ago.

In my country there was some media coverage about these scams a couple weeks ago... Apparently the amount of scams have reached the threshold needed to attract the attention of the press and the police now.

If i read your story, it's the exact modus operandi described in the media, so i can pretty much guarantee your friend was scammed.
Like it's been suggested before: stop sending them money, go to the police, consider your funds to be lost.

BTW: these scams have NOTHING to do with the actual crypto community... Scammers just pick whatever technology is "hot" in the media right now and use buzzwords from this technology to scam unknowing victims. If bitcoin wouldn't exist they'd find an other angle to scam people using more or less the same methods they're using right now. It's a shame these dirtbags are dragging our community trough the mud, ruining our reputation because we get linked to them... They're just thieves that use our community fame to steal from (mostly) older, non-tech-savvy people.

Lapatai

jr. member

Activity: 118

Merit: 6

Trying to make the world better for everyone.

Quote from: xhomerx10 on September 18, 2019, 03:23:58 AM

Quote from: bitsurfer2014 on September 18, 2019, 03:06:08 AM

This is a typical scheme on what many people should avoid - a clear example of "double your money scheme" which has

already crawled its way to crypto industry! Remember, "if its too good to be true" it is very probable that it is indeed a

scam! Let us all be vigilant about this and spread awareness within the community.

We don't have all the information but my bet is that Bob and Sam have been taken. That being said, from December 2018 until April 2019, it was possible to purchase Bitcoin for a price between $3,000 and $4,000 USD. Presently the price of Bitcoin is over $10,000 USD so the doubling of your money was entirely possible. If Sam had invested 4 500 EUR in Bitcoin during that same period, it would be worth ~ 9 000 EUR today so they numbers aren't out of line with reality. Too bad they had no fucking idea what they were doing.

Well it happened in about a week to month ago.

xhomerx10

legendary

Activity: 3808

Merit: 7912

Quote from: bitsurfer2014 on September 18, 2019, 03:06:08 AM

This is a typical scheme on what many people should avoid - a clear example of "double your money scheme" which has

already crawled its way to crypto industry! Remember, "if its too good to be true" it is very probable that it is indeed a

scam! Let us all be vigilant about this and spread awareness within the community.

We don't have all the information but my bet is that Bob and Sam have been taken. That being said, from December 2018 until April 2019, it was possible to purchase Bitcoin for a price between $3,000 and $4,000 USD. Presently the price of Bitcoin is over $10,000 USD so the doubling of your money was entirely possible. If Sam had invested 4 500 EUR in Bitcoin during that same period, it would be worth ~ 9 000 EUR today so they numbers aren't out of line with reality. Too bad they had no fucking idea what they were doing.

bitsurfer2014

hero member

Activity: 924

Merit: 520

This is a typical scheme on what many people should avoid - a clear example of "double your money scheme" which has

already crawled its way to crypto industry! Remember, "if its too good to be true" it is very probable that it is indeed a

scam! Let us all be vigilant about this and spread awareness within the community.

elda34b

sr. member

Activity: 910

Merit: 351

That is a scam. I think the app itself is a fraud (balance changed by the developer or those who request Sam to deposit). The method similar to 'exchange withdraws' help where you need to deposit first before you can withdraw (if that's even possible).

Stop sending them more money. There is no way in hell legit business can double your investment overnight and not allow you to withdraw anything.

I don't know about the police, but you should report it anyway. The police might be able to help you as long as you have enough information about those who called Sam to invest more.

Lapatai

jr. member

Activity: 118

Merit: 6

Trying to make the world better for everyone.

So okay, this story didn't happen to me. It happened to a friend (let's call him Bob) of a friend (I will call him Sam).

Bob came to me asking is this a scam and is it legal. Bob doesn't know much about bitcoins and crypto, Sam even less.
Sam somehow got in contact with people who offers to open an account and invest into crypto. These people guaranteed a lot of profit. Sam paid 500 EUR at first and other two times a 2000 EUR.
What is interesting, that these people calling him to invest more. But he has an app (I don't know what app, because I heard it from Bob and he doesn't know either) which shows that Sam has doubled his investment (9000 EUR), but he cannot withdraw it now and these people (from Russia) are calling and rushing him to invest even more.

Bob asked me about that, I said that this is some nonsense. There shouldn't be people calling you and asking to transfer money. All is too fishy.

What should Sam do? Will the police help?

Topic: Is this a scam? What to do next. - page 7. (Read 2486 times)