halolit6 (OP)
Newbie
Offline
Activity: 31
Merit: 0
|
|
July 23, 2018, 11:13:31 AM |
|
New ICO scam detected by police in Vietnam. Vncoins Vncoin ( website already collapsed, only left FB page: https://www.facebook.com/VNcoinsvn-745070342354563/) was officially revealed SCAM Authorities have arrested Nguyen Huu Tien (34 years old, Chairman of VNCOINS Joint Stock Company), Pham Viet Son (60 years old), and Nguyen Hong Quan (41 years old, in charge of information technology of VNCOINS) to investigate fraudulent misappropriation of property. On July 17, the investigating policies simultaneously searched six places where are the workplace of the defendants. According to the case, chairman of OTCMAX Joint Stock Company based in Ho Chi Minh City from August 2016. One year later, Tien changed its name to VNCOINS Joint Stock Company. Although there were no business activities, no investment in any project cooperation but Tien held many seminars calling for investors to cooperate in implementing large projects in Thanh Hoa or even Long Thanh airport … When investors contributing capital, Tien’s company signs an agreement, pledging to pay a profit under the investment package, for a continuous 90-day period at 1.8% per day. However, the actual commission and profit that the investor is entitled to is taken from their own capital contributions and from the previous investors OTCMAX JSC of Tien signed with over 6,000 investors, collected more than 200 billion VNDs = 9 millions $ When investors do not receive a contracted profit came to work and Proposed two options to “postponed.” Present in both options, Progress is not implemented because the information given is fake. Sources: cryptoinsidervn.wordpress.com/2018/07/21/cong-ty-da-cap-vn-coin-lua-hon-6-000-nha-dau-tu-bi-bat/
|
|
|
|
|
|
|
|
|
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
halolit6 (OP)
Newbie
Offline
Activity: 31
Merit: 0
|
|
July 25, 2018, 12:38:42 PM |
|
For further information pls jave a look at cryptoinsidervn.wordpress.com/2018/07/21/cong-ty-da-cap-vn-coin-lua-hon-6-000-nha-dau-tu-bi-bat/ New ICO scam detected by police in Vietnam. Vncoins Vncoin ( website already collapsed, only left FB page: https://www.facebook.com/VNcoinsvn-745070342354563/) was officially revealed SCAM Authorities have arrested Nguyen Huu Tien (34 years old, Chairman of VNCOINS Joint Stock Company), Pham Viet Son (60 years old), and Nguyen Hong Quan (41 years old, in charge of information technology of VNCOINS) to investigate fraudulent misappropriation of property. On July 17, the investigating policies simultaneously searched six places where are the workplace of the defendants. According to the case, chairman of OTCMAX Joint Stock Company based in Ho Chi Minh City from August 2016. One year later, Tien changed its name to VNCOINS Joint Stock Company. Although there were no business activities, no investment in any project cooperation but Tien held many seminars calling for investors to cooperate in implementing large projects in Thanh Hoa or even Long Thanh airport … When investors contributing capital, Tien’s company signs an agreement, pledging to pay a profit under the investment package, for a continuous 90-day period at 1.8% per day. However, the actual commission and profit that the investor is entitled to is taken from their own capital contributions and from the previous investors OTCMAX JSC of Tien signed with over 6,000 investors, collected more than 200 billion VNDs = 9 millions $ When investors do not receive a contracted profit came to work and Proposed two options to “postponed.” Present in both options, Progress is not implemented because the information given is fake. Sources: cryptoinsidervn.wordpress.com/2018/07/21/cong-ty-da-cap-vn-coin-lua-hon-6-000-nha-dau-tu-bi-bat/
|
|
|
|
Vengland
Newbie
Offline
Activity: 234
Merit: 0
|
|
July 26, 2018, 10:13:59 AM |
|
Now-a-days frauds are spreading online. So everyone need to aware to avoid from this type of fraud. Before invest everyone need to careful where they going to invest .And always need to aware about own wallet.
|
|
|
|
maiiyeuvo
Full Member
Offline
Activity: 292
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
|
|
July 26, 2018, 10:31:51 AM |
|
The Vietnamese market seems easy to deceive. Investors in Vietnam are now also wary of this problem. However, the new prey still appears and is trapped by the "Cake picture" with dozens of profits drawn by the scammer.
|
|
|
|
elncrow
Newbie
Offline
Activity: 266
Merit: 0
|
|
July 26, 2018, 11:04:39 AM |
|
Now being scam everywhere. Thanks to the Vietnam Police, they have been able to catch it. Many of whom are sure to survive from damages. Everyone must be avoid Vncoins, why many more scams you may have to avoid unwantad emails or links to open.
|
|
|
|
Rapidgator
|
|
July 26, 2018, 11:06:33 AM |
|
Is there more information about how much money they raised or just how much they wanted to raised in their ICO? I'm just interested how big was the whole venture.
|
|
|
|
close up
|
|
July 26, 2018, 11:07:01 AM |
|
If you have a scam report then report it to the scam accusation child board, not a discussion board but I think its ok since ICO is the part of altcoins. :/
|
|
|
|
Mir Zafar
Newbie
Offline
Activity: 41
Merit: 0
|
|
July 26, 2018, 09:44:35 PM |
|
Thanks for informing us. Scam is just like a thread in crypto market. we have to be aware when you deal in crypto market about scam.
|
|
|
|
burnchan
Newbie
Offline
Activity: 240
Merit: 0
|
|
July 27, 2018, 03:33:24 AM |
|
New ICO scam detected by police in Vietnam. Vncoins Vncoin ( website already collapsed, only left FB page: https://www.facebook.com/VNcoinsvn-745070342354563/) was officially revealed SCAM Authorities have arrested Nguyen Huu Tien (34 years old, Chairman of VNCOINS Joint Stock Company), Pham Viet Son (60 years old), and Nguyen Hong Quan (41 years old, in charge of information technology of VNCOINS) to investigate fraudulent misappropriation of property. On July 17, the investigating policies simultaneously searched six places where are the workplace of the defendants. According to the case, chairman of OTCMAX Joint Stock Company based in Ho Chi Minh City from August 2016. One year later, Tien changed its name to VNCOINS Joint Stock Company. Although there were no business activities, no investment in any project cooperation but Tien held many seminars calling for investors to cooperate in implementing large projects in Thanh Hoa or even Long Thanh airport … When investors contributing capital, Tien’s company signs an agreement, pledging to pay a profit under the investment package, for a continuous 90-day period at 1.8% per day. However, the actual commission and profit that the investor is entitled to is taken from their own capital contributions and from the previous investors OTCMAX JSC of Tien signed with over 6,000 investors, collected more than 200 billion VNDs = 9 millions $ When investors do not receive a contracted profit came to work and Proposed two options to “postponed.” Present in both options, Progress is not implemented because the information given is fake. Sources: cryptoinsidervn.wordpress.com/2018/07/21/cong-ty-da-cap-vn-coin-lua-hon-6-000-nha-dau-tu-bi-bat/ This is both good and bad news. Bad news because another scam ICO and Good news because it was caught by the Vietnam’s police. People tend to abuse because of too much freedom. What we need to do right now is to be vigilant especially in investment because people use crypto as their means to execute fraud acts.
|
|
|
|
Itsmylife
|
|
July 27, 2018, 03:51:15 AM |
|
New ICO scam detected by police in Vietnam. Vncoins Vncoin ( website already collapsed, only left FB page: https://www.facebook.com/VNcoinsvn-745070342354563/) was officially revealed SCAM Authorities have arrested Nguyen Huu Tien (34 years old, Chairman of VNCOINS Joint Stock Company), Pham Viet Son (60 years old), and Nguyen Hong Quan (41 years old, in charge of information technology of VNCOINS) to investigate fraudulent misappropriation of property. On July 17, the investigating policies simultaneously searched six places where are the workplace of the defendants. According to the case, chairman of OTCMAX Joint Stock Company based in Ho Chi Minh City from August 2016. One year later, Tien changed its name to VNCOINS Joint Stock Company. Although there were no business activities, no investment in any project cooperation but Tien held many seminars calling for investors to cooperate in implementing large projects in Thanh Hoa or even Long Thanh airport … When investors contributing capital, Tien’s company signs an agreement, pledging to pay a profit under the investment package, for a continuous 90-day period at 1.8% per day. However, the actual commission and profit that the investor is entitled to is taken from their own capital contributions and from the previous investors OTCMAX JSC of Tien signed with over 6,000 investors, collected more than 200 billion VNDs = 9 millions $ When investors do not receive a contracted profit came to work and Proposed two options to “postponed.” Present in both options, Progress is not implemented because the information given is fake. Sources: cryptoinsidervn.wordpress.com/2018/07/21/cong-ty-da-cap-vn-coin-lua-hon-6-000-nha-dau-tu-bi-bat/ This is not ICO program, users invested money to rent equipment of their company for mining crypto coins. But I think this is a Ponzi scheme, and now is the time to end for their users
|
|
|
|
Joygalzz1
Newbie
Offline
Activity: 170
Merit: 0
|
|
July 27, 2018, 07:57:44 PM |
|
This is really serious. Scam is part of the challenges we encounter in this cryptocurrency industry. The people and investors of Vietnam needs to really to put a more secured measures while investing in any new ICO. The need for adequate research for any ICO to be invested in is a must for everyone
|
|
|
|
rayk
|
|
July 27, 2018, 08:05:06 PM |
|
That's good news but there are lots of ico scams now that even the police is not able to catch all of them, so some people are doomed to suffer from them.
|
|
|
|
Olatunjex
|
|
July 27, 2018, 08:14:15 PM |
|
New ICO scam detected by police in Vietnam. Vncoins Vncoin ( website already collapsed, only left FB page: https://www.facebook.com/VNcoinsvn-745070342354563/) was officially revealed SCAM Authorities have arrested Nguyen Huu Tien (34 years old, Chairman of VNCOINS Joint Stock Company), Pham Viet Son (60 years old), and Nguyen Hong Quan (41 years old, in charge of information technology of VNCOINS) to investigate fraudulent misappropriation of property. On July 17, the investigating policies simultaneously searched six places where are the workplace of the defendants. According to the case, chairman of OTCMAX Joint Stock Company based in Ho Chi Minh City from August 2016. One year later, Tien changed its name to VNCOINS Joint Stock Company. Although there were no business activities, no investment in any project cooperation but Tien held many seminars calling for investors to cooperate in implementing large projects in Thanh Hoa or even Long Thanh airport … When investors contributing capital, Tien’s company signs an agreement, pledging to pay a profit under the investment package, for a continuous 90-day period at 1.8% per day. However, the actual commission and profit that the investor is entitled to is taken from their own capital contributions and from the previous investors OTCMAX JSC of Tien signed with over 6,000 investors, collected more than 200 billion VNDs = 9 millions $ When investors do not receive a contracted profit came to work and Proposed two options to “postponed.” Present in both options, Progress is not implemented because the information given is fake. Sources: cryptoinsidervn.wordpress.com/2018/07/21/cong-ty-da-cap-vn-coin-lua-hon-6-000-nha-dau-tu-bi-bat/ This case is few amongst scam cases in space, space to some people is avenue to make quick money and run away with fund raised during ico, i think measure to stop this should be introduced.
|
|
|
|
echodike
Newbie
Offline
Activity: 154
Merit: 0
|
|
July 27, 2018, 10:15:34 PM |
|
That's why it is good to always research on projects before making an investment, I think security personnel can help crypto space to get rid of scam ICO in the space, people can lodge complaint to any security office when they suspect an ICO
|
|
|
|
sufiasyl
Newbie
Offline
Activity: 434
Merit: 0
|
|
July 28, 2018, 03:52:10 AM |
|
If the government and the law enforcement takes serious actions against such scammers, then soon the number of scammers will decrease as they will see that they are no longer getting away with their crimes. Kudos to the Vietnamese police.
|
|
|
|
SlaveKing
Newbie
Offline
Activity: 62
Merit: 0
|
|
July 28, 2018, 05:26:09 PM |
|
From my point of view its not a good news of crypto market. But I think this problem will be solve soon as many country accept crypto. I think Vietnam also accept it soon. So worry no more, keep patient.
|
|
|
|
cryptosmith03
Newbie
Offline
Activity: 322
Merit: 0
|
|
July 28, 2018, 05:46:59 PM |
|
It's the worst scamcoin I've ever heard of, I am feeling that after seeing off their FB page just having 61 likes. It's a scam project of Vn-coin.com which has a good market stability. But this vncoi.vn, it doesn't even have a website of their own. Just ignore.
|
|
|
|
Nexjr14
Newbie
Offline
Activity: 216
Merit: 0
|
|
July 28, 2018, 05:58:14 PM |
|
New ICO scam detected by police in Vietnam. Vncoins Vncoin ( website already collapsed, only left FB page: https://www.facebook.com/VNcoinsvn-745070342354563/) was officially revealed SCAM Authorities have arrested Nguyen Huu Tien (34 years old, Chairman of VNCOINS Joint Stock Company), Pham Viet Son (60 years old), and Nguyen Hong Quan (41 years old, in charge of information technology of VNCOINS) to investigate fraudulent misappropriation of property. On July 17, the investigating policies simultaneously searched six places where are the workplace of the defendants. According to the case, chairman of OTCMAX Joint Stock Company based in Ho Chi Minh City from August 2016. One year later, Tien changed its name to VNCOINS Joint Stock Company. Although there were no business activities, no investment in any project cooperation but Tien held many seminars calling for investors to cooperate in implementing large projects in Thanh Hoa or even Long Thanh airport … When investors contributing capital, Tien’s company signs an agreement, pledging to pay a profit under the investment package, for a continuous 90-day period at 1.8% per day. However, the actual commission and profit that the investor is entitled to is taken from their own capital contributions and from the previous investors OTCMAX JSC of Tien signed with over 6,000 investors, collected more than 200 billion VNDs = 9 millions $ When investors do not receive a contracted profit came to work and Proposed two options to “postponed.” Present in both options, Progress is not implemented because the information given is fake. Sources: cryptoinsidervn.wordpress.com/2018/07/21/cong-ty-da-cap-vn-coin-lua-hon-6-000-nha-dau-tu-bi-bat/ The fraudsters are not only disadvantageous to investors but also harm the bounty campaign participants. I think the actions of the Vietnamese police should be appreciated, as this will slightly reduce the scams. And Investors at ICO will again give their confidence to invest. Thank you for providing this news.
|
|
|
|
virtual_miner
|
|
July 28, 2018, 06:14:38 PM |
|
As far as I know, the fraud scale of VNCOIN just over 200 billion VND of more than 6,000 investors, Nguyen Huu Tien was arrested but not cause great damage as the company Mordern Tech fraud to 15,000 billion of 32,000 victims, or the "shut down" Bitconnect that made the currency from $ 400 near the bottom to zero makes the investment of more than 50,000 people in Vietnam disappear
|
|
|
|
surgical_duude
Member
Offline
Activity: 349
Merit: 10
|
|
July 28, 2018, 06:24:20 PM |
|
The Vietnamese market seems easy to deceive. Investors in Vietnam are now also wary of this problem. However, the new prey still appears and is trapped by the "Cake picture" with dozens of profits drawn by the scammer.
It seems that many people still don't really understand cryptocurrency. They just believe that they will "certainly" earn a lot of money from cryptocurrency. It is funny that there are so many ICOs using ponzi scheme to scam, and people still trust them. It reminds me of Bitconnect.
|
|
|
|
|