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Gg
You waited whole night to decide ?
Cryptocurrency scams
- Thread starter greggles
- Start date
You waited whole night to decide ?
Value Collector
Have courage, and be kind.
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They use multiple celebrities, I have basically the exact same thing with Elon Musk, Chris Hemsworth, Dick Smith and the host of the project.
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Just wondering what happened when they used Twiggy. There was a bit of noise coming from him, about taking somebody to task by using him and his name without permission.
Perhaps I missed the end result.
Perhaps I missed the end result.
Value Collector
Have courage, and be kind.
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It’s back, but this time just titled “hardware store” hahaha. Same dodgy article though.
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Dodgey, tedious and well can't say the rest in case I get expelled!!!
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GASA's Study Reveals $55.3 Billion Lost in Scams Worldwide
GLOBAL ANTI SCAM ALLIANCE'S STUDY REVEALS $55.3 BILLION LOST IN SCAMS WORLDWIDE
www.businesswire.com
Dona Ferentes
Abrió la caja, vio al gatito, y sonrió
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actually i was watching for the chances of a 'snap-election/double-dissolution' , i see subtle hints BUT this could just be blackmail by Albo to keep the minor parties compliant ( and not cashing up ready to form their own coalition to grab control from the two-party system )
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Maybe the Drover's Dog should have a go probably win with a landslide.
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Had another SMS text scam today. In part it says Due to my not paying up front and forwarding the revelent required details, "My parcel will now incur additional charges" Left me shaking at the knees. Shock, horror.
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and .... that lasted, how long?
( poor Richard Wilkins )
Richard should be gone again now, at least for a while.
Does anyone know anything about this service? https://tumbler.io Seems very strange compare to other services
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Welcome aboard Johnny07
Not a clue
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Had a couple of scams yesterday and today.
The 1st one is a repeat. I owe $6.95 in toll fees well,well not here in WA. If I don't furnish details to clear this debt I will be suffering account suspension Gee that really worries me.
The other came via e-mail this morning.
Blockchain reportedly has my funds held inan account and when I give my banking details then said funds will be returned to me. Gee aren't they generous, and in the process morethan likely leave with 0 or minus in the account.
The 1st one is a repeat. I owe $6.95 in toll fees well,well not here in WA. If I don't furnish details to clear this debt I will be suffering account suspension Gee that really worries me.
The other came via e-mail this morning.
Blockchain reportedly has my funds held inan account and when I give my banking details then said funds will be returned to me. Gee aren't they generous, and in the process morethan likely leave with 0 or minus in the account.
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While there are 100,000 scams that will use crypto currency to take ones money there are also multi billion dollar scams in the Crypto field itself.
Came across this story which is effectively allied with the collapse of Sam Bankmans Alameda company. Seems like Donald Trump isn't the only white collar criminal in Letita James sight.
Sweeping Lawsuit Details How Genesis and DCG Concealed $1.1 Billion in Losses and Alleges Gemini Repeatedly Lied to Investors
NEW YORK – New York Attorney General Letitia James today filed a sweeping lawsuit against cryptocurrency companies Gemini Trust Company (Gemini), Genesis Global Capital, LLC and its affiliates (Genesis), and Digital Currency Group, Inc. (DCG) for defrauding more than 230,000 investors, including at least 29,000 New Yorkers, of more than $1 billion. An investigation by the Office of the Attorney General (OAG) found that Gemini lied to investors about an investment program it ran with Genesis called Gemini Earn. Gemini repeatedly assured investors that investing with Genesis through their Gemini Earn program was a low-risk investment. However, OAG’s investigation found that Gemini’s internal analyses of Genesis showed that the company’s financials were risky. The lawsuit alleges that Gemini knew Genesis’ loans were undersecured and at one point highly concentrated with one entity, Sam Bankman-Fried’s Alameda, but did not reveal this information to investors.
The lawsuit also charges Genesis, its former CEO Soichiro Moro, its parent company, DCG, and DCG’s CEO Barry Silbert with defrauding investors and the public by trying to conceal more than $1.1 billion in losses, which were borne by investors. As a result of these misleading claims and deceptions, thousands of investors lost millions of dollars and, in some instances, lost their lifesavings. Through this lawsuit, Attorney General James seeks to ban Gemini, Genesis, and DCG from the financial investment industry in New York, and seeks restitution for investors and disgorgement of ill-gotten gains.
“These cryptocurrency companies lied to investors and tried to hide more than a billion dollars in losses, and it was middle-class investors who suffered as a result,” said Attorney General James. “Hardworking New Yorkers and investors around the country lost more than a billion dollars because they were fed blatant lies that their money would be safe and grow if they invested it in Gemini Earn. Instead, Gemini hid the risks of investing with Genesis and Genesis lied to the public about its losses. This fraud is yet another example of bad actors causing harm throughout the under-regulated cryptocurrency industry. My office will continue our efforts to stop deceptive cryptocurrency companies and push for stronger regulations to protect all investors.”
Impact on Investors
ag.ny.gov
Came across this story which is effectively allied with the collapse of Sam Bankmans Alameda company. Seems like Donald Trump isn't the only white collar criminal in Letita James sight.
Attorney General James Sues Cryptocurrency Companies Gemini, Genesis, and DCG for Defrauding Investors
Sweeping Lawsuit Details How Genesis and DCG Concealed $1.1 Billion in Losses and Alleges Gemini Repeatedly Lied to Investors
AG James Seeks Restitution for Hundreds of Thousands of Investors Who Lost More Than $1 Billion
October 19, 2023
NEW YORK – New York Attorney General Letitia James today filed a sweeping lawsuit against cryptocurrency companies Gemini Trust Company (Gemini), Genesis Global Capital, LLC and its affiliates (Genesis), and Digital Currency Group, Inc. (DCG) for defrauding more than 230,000 investors, including at least 29,000 New Yorkers, of more than $1 billion. An investigation by the Office of the Attorney General (OAG) found that Gemini lied to investors about an investment program it ran with Genesis called Gemini Earn. Gemini repeatedly assured investors that investing with Genesis through their Gemini Earn program was a low-risk investment. However, OAG’s investigation found that Gemini’s internal analyses of Genesis showed that the company’s financials were risky. The lawsuit alleges that Gemini knew Genesis’ loans were undersecured and at one point highly concentrated with one entity, Sam Bankman-Fried’s Alameda, but did not reveal this information to investors.
The lawsuit also charges Genesis, its former CEO Soichiro Moro, its parent company, DCG, and DCG’s CEO Barry Silbert with defrauding investors and the public by trying to conceal more than $1.1 billion in losses, which were borne by investors. As a result of these misleading claims and deceptions, thousands of investors lost millions of dollars and, in some instances, lost their lifesavings. Through this lawsuit, Attorney General James seeks to ban Gemini, Genesis, and DCG from the financial investment industry in New York, and seeks restitution for investors and disgorgement of ill-gotten gains.
“These cryptocurrency companies lied to investors and tried to hide more than a billion dollars in losses, and it was middle-class investors who suffered as a result,” said Attorney General James. “Hardworking New Yorkers and investors around the country lost more than a billion dollars because they were fed blatant lies that their money would be safe and grow if they invested it in Gemini Earn. Instead, Gemini hid the risks of investing with Genesis and Genesis lied to the public about its losses. This fraud is yet another example of bad actors causing harm throughout the under-regulated cryptocurrency industry. My office will continue our efforts to stop deceptive cryptocurrency companies and push for stronger regulations to protect all investors.”
Impact on Investors
Attorney General James Sues Cryptocurrency Companies Gemini, Genesis, and DCG for Defrauding Investors
NEW YORK – New York Attorney General Letitia James today filed a sweeping lawsuit against cryptocurrency companies Gemini Trust Company (Gemini), Genesis Global
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Chief executive of collapsed crypto fund HyperVerse does not appear to exist
Exclusive: Steven Reece Lewis was introduced to investors with an impressive list of qualifications and achievements, but no organisation cited can find any record of himSarah Martin
@msmarto
Thu 4 Jan 2024 01.00 AEDTLast modified on Thu 4 Jan 2024 07.53 AEDT
A chief executive officer whose claimed qualifications appear to have no basis in fact was used to promote the HyperVerse crypto fund, alongside celebrity messages of support, as part of a push to recruit new investors into the scheme.
A Guardian Australia investigation last month revealed thousands of people have lost millions of dollars to the HyperVerse crypto scheme, which was promoted by the Australian entrepreneur Sam Lee and his business partner, Ryan Xu, two of the founders of the collapsed Australian bitcoin company Blockchain Global.
Blockchain Global owes creditors $58m and its liquidator has referred Xu and Lee to the Australian Securities and Investments Commission for alleged possible breaches of the Corporations Act. Asic has said it does not intend to take action at this time.
The HyperVerse investment scheme is among those that appear to have escaped scrutiny in Australia despite being flagged by regulators overseas, by one as a possible “scam” and another as a “suspected pyramid scheme”.
Chief executive of collapsed crypto fund HyperVerse does not appear to exist
Steven Reece Lewis was introduced to investors with an impressive list of qualifications and achievements, but no organisation cited can find any record of him
Investors lose millions as crypto schemes operate unchecked in Australia
Exclusive: the New Zealand regulator has warned the schemes could be a ‘scam’ but they have escaped such scrutiny in Australia and thousands have lost money
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Another one of the Hyper Verse shills is busted.
Sarah Martin
@msmarto
Tue 9 Jan 2024 01.00 AEDTLast modified on Tue 9 Jan 2024 06.10 AEDT
A promoter of the HyperVerse crypto investment scheme has been arrested and charged in the US for his alleged role in the scheme, with court documents claiming he was part of a network that made “fraudulent promotional presentations” to investors and potential investors.
Rodney Burton, who goes by the name “Bitcoin Rodney”, was arrested in Florida on Friday and remains in custody pending transfer to Maryland, where the charges were laid. He has been charged with operating and conspiring to operate an unlicensed money transmitting business.
The US Internal Revenue Service (IRS) alleges in court documents that a network of promoters of the Hyper schemes made “fraudulent promotional presentations” for an investment operation that generated revenue from bitcoin mining, which the IRS alleges did not exist.
......“HyperFund operated a purportedly legitimate decentralized finance, or ‘DeFi,’ cryptocurrency investment platform,” Accardi states.
“A network of HyperFund promoters … made fraudulent promotional presentations to investors and potential investors. In those presentations, promoters touted HyperFund’s investment programs, including the purported returns that prospective investors could earn from investing with HyperFund. Potential investors were told that they could purchase ‘memberships’ in the ‘world’s most sustainable passive rewards program’.”
The scheme falsely claimed that investors who purchased memberships would receive daily rewards of between 0.5% to 1% daily, until the investor’s initial investment doubled or tripled in value, the affidavit alleges.
“To convince investors that HyperFund could make these daily payments of passive rewards, HyperFund claimed that its payments would be disbursed in part from revenues generated from large-scale crypto mining operations,” the affidavit says.
“In fact, HyperFund did not have any such operations. To the extent investors saw the accrual of any rewards, those investors were paid with funds collected from more recent investors.”
www.theguardian.com
HyperVerse crypto promoter ‘Bitcoin Rodney’ arrested and charged in US
Exclusive: Internal Revenue Service alleges Rodney Burton was part of a network that made ‘fraudulent’ presentations claiming high returns for investors based on crypto-mining operations that did not existSarah Martin
@msmarto
Tue 9 Jan 2024 01.00 AEDTLast modified on Tue 9 Jan 2024 06.10 AEDT
A promoter of the HyperVerse crypto investment scheme has been arrested and charged in the US for his alleged role in the scheme, with court documents claiming he was part of a network that made “fraudulent promotional presentations” to investors and potential investors.
Rodney Burton, who goes by the name “Bitcoin Rodney”, was arrested in Florida on Friday and remains in custody pending transfer to Maryland, where the charges were laid. He has been charged with operating and conspiring to operate an unlicensed money transmitting business.
The US Internal Revenue Service (IRS) alleges in court documents that a network of promoters of the Hyper schemes made “fraudulent promotional presentations” for an investment operation that generated revenue from bitcoin mining, which the IRS alleges did not exist.
......“HyperFund operated a purportedly legitimate decentralized finance, or ‘DeFi,’ cryptocurrency investment platform,” Accardi states.
“A network of HyperFund promoters … made fraudulent promotional presentations to investors and potential investors. In those presentations, promoters touted HyperFund’s investment programs, including the purported returns that prospective investors could earn from investing with HyperFund. Potential investors were told that they could purchase ‘memberships’ in the ‘world’s most sustainable passive rewards program’.”
The scheme falsely claimed that investors who purchased memberships would receive daily rewards of between 0.5% to 1% daily, until the investor’s initial investment doubled or tripled in value, the affidavit alleges.
“To convince investors that HyperFund could make these daily payments of passive rewards, HyperFund claimed that its payments would be disbursed in part from revenues generated from large-scale crypto mining operations,” the affidavit says.
“In fact, HyperFund did not have any such operations. To the extent investors saw the accrual of any rewards, those investors were paid with funds collected from more recent investors.”
HyperVerse crypto promoter ‘Bitcoin Rodney’ arrested and charged in US
Exclusive: Internal Revenue Service alleges Rodney Burton was part of a network that made ‘fraudulent’ presentations claiming high returns for investors based on crypto-mining operations that did not exist
Dona Ferentes
Abrió la caja, vio al gatito, y sonrió
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The Australian Securities & Investments Commission has failed to include on the alert list a warning about websites associated with the international scam syndicate that fleeced 34,000 Australians out of more than $200m, searches by The Australian found.
German police sent letters to victims in that country naming websites Infinity CapitalG, Topmarketcap, Richmondsuper and Iron Bits as being used by the fraudsters in cryptocurrency scams, promoted on Facebook and elsewhere online using fake celebrity endorsements.
None of the websites came up in a search of ASIC’s online “Moneysmart” alert list on Monday, and nor did numerous others known by The Australian to be associated with the syndicate.
The new concerns come as the Albanese government said on Monday it had called for ASIC to explain why it didn’t contact and warn victims of the scam, following revelations in The Australian that German police gave the regulator a comprehensive database of evidence in June last year.
The discovery ASIC had not taken the minimal step of updating its alert list with websites associated with the syndicate will likely increase pressure on the agency over its handling of the case and its approach to relentless targeting of Australians by organised crime gangs offshore.....
.
a) Don't visit FB
b) don't click on anything you don't trust
c) Hype is hopium
d) Brand names take a while to gain credibility
e) don't expect much from ASIC
German police sent letters to victims in that country naming websites Infinity CapitalG, Topmarketcap, Richmondsuper and Iron Bits as being used by the fraudsters in cryptocurrency scams, promoted on Facebook and elsewhere online using fake celebrity endorsements.
None of the websites came up in a search of ASIC’s online “Moneysmart” alert list on Monday, and nor did numerous others known by The Australian to be associated with the syndicate.
The new concerns come as the Albanese government said on Monday it had called for ASIC to explain why it didn’t contact and warn victims of the scam, following revelations in The Australian that German police gave the regulator a comprehensive database of evidence in June last year.
The discovery ASIC had not taken the minimal step of updating its alert list with websites associated with the syndicate will likely increase pressure on the agency over its handling of the case and its approach to relentless targeting of Australians by organised crime gangs offshore.....
.
a) Don't visit FB
b) don't click on anything you don't trust
c) Hype is hopium
d) Brand names take a while to gain credibility
e) don't expect much from ASIC
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I’m assuming this is a deep fake video using Larry Emdur to spruik a dodgy investment scam. Haven’t clicked on it but I’ve read about them. Larry has been arrested or his career is over for revealing his true income which is BS.
Just because a celebrity is spruiking an investment scheme online doesn’t make it legitimate. Scammers have the technology through AI to make celebrities say things they’re never said in real life, so fake videos and fake arrest photos etc
Just because a celebrity is spruiking an investment scheme online doesn’t make it legitimate. Scammers have the technology through AI to make celebrities say things they’re never said in real life, so fake videos and fake arrest photos etc
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