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Topic: ‘Satoshi Nakamoto’ Scamming Senior Citizens With Bitcoin Retirement Plan - page 2. (Read 325 times)

sr. member
Activity: 1008
Merit: 355

This is really bad. Ruining the reputation of the true Satoshi Nakamoto (not Faketoshi Craig Wright of course) to scam senior citizens with his “Bitcoin Ponzi” pension program. This one’s quite similar to the other ponzi programs that I’ve encountered here in the Philippines. I just don’t know guys, but scammers are innovative and creative in creating scams like this. This is so difficult to be stopped because of the innovative minds that these scammers have. What would be your thoughts about this one guys? Let me know. Cheers!

Sadly there is nothing we can do to literally stop scammers from planning, creating, promoting and making big money from scams. But we can hopefully educate more people that when something is too good to be true then it is not usually true. Usually the biggest problem is that a great number of people can easily be victimized by these scams because these are appealing to our big sense of greed. We all wanted money and we are always on the lookout for a good opportunity to earn money especially with a program that promises us to be rich even if we are literally doing nothing or just invest and then earn. I am sure this is the same thing that victimized many people right there in the Philippines.

As to Joerg Molt, he must be a literal thick-faced guy to be come up with a good sounding program just to victimize many retired people who are already at the end of the line and who are very receptive with a good opportunity that can possibly extend more their savings and regular income from pensions. And he has the gall to call it as a Bitcoin Pension when it has nothing to do with Bitcoin whatsoever and it is not a pension plan but rather a plan leading to the road of hell.

People like this guy should be rotting in jail for the rest of their lives...
hero member
Activity: 924
Merit: 520
Was this the result of incompetence of law enforcement agencies? Why has this fraud been allowed to thrive and victimize the elderly and take advantage of their naivety?

I was surprised how come these senior citizens didn't consult anybody or why hasn't no one has ever warned them about the pitfalls of these ponzi schemes?

If I'm not mistaken, I suspect one of the reasons why these seniors citizens have been victimized is that they were likely have no one to talk to or consult before making such investment not event their closest family member who could have adviced or warned them about this fraud. Maybe they were leaving alone or far away from their children which could often be the case or there must have been a communication gap between members of the family. Imho.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
What would be your thoughts about this one guys? Let me know. Cheers!
Senior citizens arent really that serious on knowing on whose satoshi is but rather they would be most likely be interested into the returns that they can possible earn by investing their retirement plan and as we all know that if we do talk about Ponzi then it always tied up with too good to be true offers which would easily sparked or hooked up easily into those elderly's interest.So im not really surprised that they do easily get victimized and its really a sad story to hear up yet we know how these senior citizens does need up those funds on monthly basis for their maintenance or into its living.
hero member
Activity: 2002
Merit: 535
It is really sad to see that the name Satoshi Nakamoto is used by all the scammers around the world to lure people into thinking that he is the creator and scamming people to invest into all the shitty concepts and who knows who are taking that alias and scamming people world wide, bitcoin has created a monster and Satoshi the villain for all the people who lost money and it is sad to see these things are happening and i wonder why they are under custody for impersonation and scam.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
I don't care how old you are, if you're informed enough to own Bitcoin then it should be clear there is absolutely no safe way of earning interest from it, let alone a 20x return.

At least he has the gumption to add a time frame that gives him enough breathing room to correctly plan his 'death' in India.


This is really bad. Ruining the reputation of the true Satoshi Nakamoto (not Faketoshi Craig Wright of course) to scam senior citizens with his “Bitcoin Ponzi” pension program.

Satoshi's reputation is as unmarked as ever.  
hero member
Activity: 1330
Merit: 569
The blame for me is to the senior citizens who didn't invest in what they have a perfect understanding on and thereby lose their life savings and what they could have used as a source of income now they are out of job. Its actually further unfortunate that people in their quest to make money don't know that there are place that are not supposed to be touched no matter how greedy you have become and one of those is the Senior Citizens who have worked in all their younger years and its time to sit back and enjoy their labor only to be scammed by one youth guy in his prime wanting to impress the people in the society and not ready to work for it. We can only hope the perpetrators are brought to book to answer for their actions.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
Senior citizen who may not have clear understanding of what is bitcoin and their habit of saving money for their retirement plan used by this fake satoshi to scam people,they atleast might done a simple research about the scheme is real or scam could save them but its just the lesson and should be completely avoided in future,for that teach things to people as much as you can about ponzi schemes and bitcoin is not a quick rich scheme.
hero member
Activity: 2282
Merit: 659
Looking for gigs

Joerg Molt is one of several individuals claiming to be the identity behind the pseudonym, Satoshi Nakamoto. He is also still operating what appears to be a Ponzi scheme from 2017, potentially defrauding seniors with a so-called ‘Bitcoin Pension’ plan.

Since the launch of the scheme, Molt has scammed an estimated 7,000 people out of at least 0.1 Bitcoin (BTC) each. At today’s rates, this is equivalent to stealing 700 BTC worth over $6 million. Though according to information released in a 2018 video, this could be as much as $25.8 million.


You can read more here for the full news

This is really bad. Ruining the reputation of the true Satoshi Nakamoto (not Faketoshi Craig Wright of course) to scam senior citizens with his “Bitcoin Ponzi” pension program.

This one’s quite similar to the other ponzi programs that I’ve encountered here in the Philippines. I just don’t know guys, but scammers are innovative and creative in creating scams like this. This is so difficult to be stopped because of the innovative minds that these scammers have.

What would be your thoughts about this one guys? Let me know. Cheers!
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