Topic: XPetroleum SCAM and FRAUD (Read 499 times)

I have all the conversation screenshots. Firstly he'll talk very gently & once you pay he'll ask for new tokens & will delay the payment saying rules blah blah blah. He'll also contract you with a fake "Female" Telegram id saying that she has completed trade & got ETH. Actually all these are fake. At the last situation he'll ask for KYC varification, take your documents & start blackmailing you saying pay ETH or i'll use them in scam. He even told me that he'll make me declare a scamer as he has my ID documents. If anyone need to verify, i have all the screenshots as proof.

Please also read and SHARE the following article:

https://www.cryptoinfowatch.com/xpetroleum-com-have-you-heard-of-daring-capers/

They might not be aware of it.
You can't PM too many simultaneously, the forum put some protection mechanism to avoid spam so I made sure I'm complying with that.

Already 2 members thanked me and told me they have removed their XPetroleum signature after noticing that.

I don't think it's like someone wanting to suicide, it's more like being naive and unaware, people read the first post only, they don't pay attention to all the details unfortunately (which is why I asked if admin can push a big NOTE in their first post - so anyone seeing this thread would notice that, the project is a scam and I was hoping perhaps Bitcointalk can be more active in exposing it).

No need, perhaps your account will ban due to spam messages they someone report to admin and that happened previously. I have seen you gave warn on their bounty thread but still people's reporting. As a DT members I have posted another warning message, if they don't like to follow then let them get scam. How will you stop is someone want to suicide? This is the same think. How we can stop them if they want to waste their time ?

There are still many participants there, I would PM each one of them personally to warn them.

After the first message from Samuel, offering tokens with a huge bonus it was clear that this is a scam project.
I'm amazed how he kept sending you offers after you didn't got on the hook first time...

I see you posted it, thank you for doing that.
I saw another member signing up, I've sent that member a PM with a warning about it.

You are Sr. Member, you should know that it is not possible, but I left negative feedback:



Note that even with negative feedback and even if you post in their thread to alert people, there are many people who still continue to participate in the campaign of this project, the greed is very high

No, but you can post your own WARNING in their thread, with a description why, and a link to this thread. That's what most people tend to do.

I see some users keep on participating in the bounty campaign:

https://bitcointalksearch.org/topic/bounty-xpetroleum-bounty-is-ended-get-your-bounty-rewards-now1080000-5100036

Is it possible for a forum moderator to edit their 1st post in the thread and add a WARNING on top referring the reader to visit this thread?

It would be a shame if more innocent people would fall into this.

it is very unfortunate that the crypto world has such things, these virtual world scammers overcome the thieves of the real world and this is because there are few cases where the virtual world scammers are arrested.  the scammers of the virtual world believe that can steal that no one will punish them.

I noticed a while back that they had a plagiarized white paper... There's definitely a connection between that and the likelihood of the project being a scam.

Thanks for sharing. Their weird desperation in trying to sell you tokens also reeks of scam. Its like they knew they had a buyer swimming in their waters, so they were making the bait as juicy as possible.

I've been a member in Bitcointalk for a very long time, and I've never ever posted any scam accusation here because I know the implications of posting a scam accusation - it could hurt a business so badly and posting an accusation is not something I take so lightly.

However, with this specific business - I have no shame whatsoever in telling you the details behind the scenes, especially as I take into account the fact XPetroleum is currently "employing" so many people to run signatures and tweets for them - and the poor people who are doing it are not even aware of the scam (to be honest I did promote them initially as well) - this is their bounty thread by the way:

https://bitcointalksearch.org/topic/bounty-xpetroleum-bounty-is-ended-get-your-bounty-rewards-now1080000-5100036

So why is this a scam?

On February 20, 2019 I was approached by Samuel on Telegram who offered me to buy some tokens from XPetroleum with a 100% bonus, so I bought 220 XPL for $15, quite a small amount (it was for 110 XPL tokens, with a 100% bonus = 220 XPL).

Later on Samuel messaged me:
İf you invest again 0.5 eth , you will receive 1100 XPL (worth of 165$ USD)

I refused to participate, later on he sent this:
If you invest 0.5 eth , you will receive 5000 XPL tokens (worth of 750$ USD) .

This was already raising a red flag - why would the company be selling so many tokens with a huge % of a bonus? What's the motive behind it?

1 Day Later (February 21, 2019) - he then offered 11,000 XPL for 0.5 ETH (10 times than what he offered the day before)....

February 25, 2019 - he sent me this:
If you send 1 eth to same address (0xe79e288057D9AfbAFbCd764C895946982B7BB056) , you will receive 33,000 XPL tokens + Ethereum mining rig 360 mh/s.

I didn't have time to be busy with it for personal matters.

March 4, 2019
He offered me 99,000 XPL tokens for 1 ETH !!

I felt this is already a pure scam but I wanted to ride the wave, I did get my tokens, I got 100,000 XPL tokens instead of 99,000 (already feels the 1,000 extra tokens are like "on the house", who cares from their end, it's worthless anyway).....

March 13, 2019 (Yesterday):

Samuel (who by now already removed his avatar from Telegram) - sent me the following:



Basically for the price of 1 ETH I would be entitled to supposedly exchange the XPL tokens I hold before anyone else can - and sell it to BTC or ETH etc. Did I ride with the wave on this one? I did ... somehow I wanted to go through the entire rabbit's hole.

The only thing I got back was excuses and wasting of hours getting nowhere, there was no private link to exchange the tokens and he only asked for additional 0.5 ETH to get things "confirmed" but nothing really happened.

Samuel even told me to deposit the 120,000 XPL tokens into my ETH wallet with OKEX.com, he said it's safe - I did it, got nothing, nothing showed up in OKEX, I told him OKEX clearly states in their site:

ETH address only accepts ETH deposit. Any other assets deposited to ETH address will be irretrievable.

He said it's fine and to proceed.

He then sent me 150,000 XPL tokens for "free":



This is when I realized if these guys send out their tokens just like that - then these tokens are 100% worthless.

They have no intention of listing their tokens anywhere, and worst of all - some people are promoting them with signatures etc. and they don't realize they would only get (if they do) - worthless tokens in the end!

Proof that I received XPL tokens - this is my wallet:
https://ethplorer.io/address/0x0fbad273b55d8c88e9ae188efe43546cbc30813f

Please stay away from this one!
As soon as Samuel realized I know it's 100% a scam he also kicked me out of their Telegram group without me posting anything bad whatsoever, he was worried about other people finding out, so he is not a moderator here and I call everyone to spread the word!

Conclusions:

1) XPL Tokens are worthless, have no value whatsoever.
2) The LinkedIn profiles in their website XPetroleum.com are 100% fake profiles.
3) This is not a real company but a scam.
4) I highly doubt they would even list their tokens anywhere.

Please inform anyone you know to cease and stop working with XPetroleum or anything related to them immediately.