My neighbor said that while doing P2P trading on Binance, one stranger got very comfortable with her. That stranger gave her a tempting offer, he told to her about a system of earning 300 to 400 dollars daily by investing 3000 to 4000 dollars. My neighbor valued his words very much as she had always dealt with that person through Binance P2P. Point to be noted that the stranger was a verified P2P merchant and deposited a significant amount of assets as collateral, that's why my neighbor slowly started to believe his words gradually(It didn't happen overnight, it happened gradually over months).
At one point, the stranger was able to convince her to invest $4,000 with him. After this, the real story begins, the profit is far from being given, and the date of returning his dollars is getting delayed by telling various stories. At one point, he pretended to be unable to return the dollar, using the excuse of an accident. After talking to Binance support, it was found out that such an incident has happened to many people, and although they held a significant amount of collateral they were unable to help cause the incident happened outside of Binance.
I feel pity for those who fall for these scams and believe their words thinking they can make a lot of money in no time without doubting how good it all sounds, I mean how can you believe someone saying that you will get the return on your investment in just 10 days while your initial investment stays safe? If earning money was that easy, everyone would take a loan, earn a bunch of money, and then return the loan within a couple of weeks and then have their own money.
$400 a day with just a $4,000 investment is too good to be true, and anyone with a little IQ should know it, but I understand that they trap you in a way that you lose the ability to think critically or doubt them and their words. They are expert in doing these things and people that are naive get trapped easily.
