Couple arrested for alleged bitcoin investment scam

[Jcabudx]

This can be a lesson for everyone also for the newbies don't trust anyone. Made some research before you trust others. You should be aware of being scammed be wise. Ask others before you pay attention when big amount is involve.

[Malya_alkendy]

such fraudsters should be punished severely, because it is harmful to people. pity those who have struggled to work to collect money and then invested in it, but still be deceived too. if only they were husband and wife in my place and caught by people, before under to the Police. this man was battered in the dawn of the crowd.

[squatz1]

While this is something which is newsworthy, this is something (the scam) that happens a TON more in fiat currencies due to the stronghold they have over the currency usage. So while this article is showing some horrible stuff by people, it's only getting attention because it says $1 Bil (pesos) and mentions bitcoin (which is the only real reason people care)

This just fees that narrative that bitcoin is for scammers, drug users, etc. We have to break that mold.

[HanaTenun]

So here are some of the guys putting a stain on Bitcoin's name.

Check out this link. They scammed almost a 1B Pesos.

http://news.abs-cbn.com/news/04/06/18/couple-arrested-for-alleged-bitcoin-investment-scam

And another sprouting Filipino made, fake, centralized cryptocurrency MLM scheme - Indigen

https://bitcointalk.org/index.php?topic=2976098
https://bitcointalk.org/index.php?topic=3298922

These type of schemes are misleading for newbies. I feel sad for them.

with the news of course we should be more careful with bitcoin because bitcoin has a very big risk in the investment

[boybitcoin]

i feel sad.. and its so sad on their part, because they don't even think what will happen, they have money to search for it, if it is legit.. actually it will not happen if they could only tried to search them out.. whats these mining all about these trading all about... there is no instant money in this time, there were process how we can obtain it.. please everyone do research on your/our own.. its hard to get a good amount or large amount of money..
Research, inquire, and think many times before you decide..

[olyolali]

they are very disadvantageous because crypto is now soaring so tarnished in some countries because of the act of irresponsible people

[racham02]

That's a news about a bitcoin scam that has viral on tv and social media, the pity of people who have been victimized by scams, big money they get from people, therefore, the name of bitcoin will recieve many negative feedbacks because of what they did.

[Aldritch]

So here are some of the guys putting a stain on Bitcoin's name.

Check out this link. They scammed almost a 1B Pesos.

http://news.abs-cbn.com/news/04/06/18/couple-arrested-for-alleged-bitcoin-investment-scam

And another sprouting Filipino made, fake, centralized cryptocurrency MLM scheme - Indigen

https://bitcointalk.org/index.php?topic=2976098
https://bitcointalk.org/index.php?topic=3298922

These type of schemes are misleading for newbies. I feel sad for them.

Sad because many believed in them, Many Filipinos invested in newg they believed in this scam to double their money easily with bitcoin. So in the Philippines people know bitcoin is a scam they no longer believe, that bitcoin has a good effect on our lives.