British Man Duped out of $282,000 in Brutal Crypto Scam

[Obito]

Scammers are using crypto such as bitcoin for fooling, stealing people's assets, and also hacking websites, companies, and has been a huge issue in the cryptocurrency scene today. Because other people that don't have knowledge are blaming crypto, Recently seeing some news on journalists and reporters having negative comments too.

They mainly use it so they can't be traced back to them, I think that it's a pretty good strategy for a scammer, you steal the money of a person through cryptocurrencies which hides the identity of both parties in the guise of privacy.

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[vv181]

Scammers are using crypto such as bitcoin for fooling, stealing people's assets, and also hacking websites, companies, and has been a huge issue in the cryptocurrency scene today. Because other people that don't have knowledge are blaming crypto, Recently seeing some news on journalists and reporters having negative comments too.

Scamming using cryptocurrencies are already happen a long time ago, so does with FIAT. The important thing is we hope the greater goods that cryptocurrencies could benefit us outweigh the potential evil things.

I also believe that people need to shift the blame for their own ignorance and lack of knowledge, and they all blame it on crypto. But mentioning current UX of cryptocurrencies spaces, we can't blame it all to the one who gets scammed. The cryptocurrencies community needs to work toward making a self-custodian wallet as easy as it gets, and educate many newcomers about the truest potential about how they can maximize cryptocurrencies especially Bitcoin.

[Slow death]

I would like the police one day to report how much money people have lost and are still losing with Hyip sites, I'm sure the number of people who are losing money with Hyip sites and the amount of money the HYIP site creators must have already stolen over the years it must have been a number so high that it would shock anyone listening. It's true that since 2016 scammers seem to be more dedicated to using cryptocurrencies for their scams, there were many ICOs created by scammers, there were many cryptocurrency projects and exchanges created by scammers... but scammers can only rob people because people They let themselves be fooled by effortless quick profits and think they won't have much risk of losing money. but they make mistakes and lose money

[Rizzrack]

It is sad to hear but hey, a fool is born every second !
I fail to see the "Crypto Scam" in all of this. He was promised some BTC, the victim invited him into his laptop and the thief used his personal info to take a bank loan.

If he was promised diamonds or something else would this have been a "Diamond Scam" or "The old gold scam" ?

And one more thing... he got duped because of his love on money, not crypto !

[rodskee]

It is sad to hear but hey, a fool is born every second !
I fail to see the "Crypto Scam" in all of this. He was promised some BTC, the victim invited him into his laptop and the thief used his personal info to take a bank loan.

If he was promised diamonds or something else would this have been a "Diamond Scam" or "The old gold scam" ?

And one more thing... he got duped because of his love on money, not crypto !

Great clarity mate and that is different on what seems to be the main topic , he was duped seemingly with consent and not totally being scammed and that will define the situation as His own diligence .
sometimes we are allowing people to enter our safety places and blame others if the person do us harm thats unfair .

[johnwest]

The scams using crypto are hard to catch and that is the main reason why thugs have learnt to use the crypto but I have also read in the article that the scamsters had come to the victim's house. I feel that they can be tracked and arrested for this naive mistake. Usually, in countries like the UK, they have cameras everywhere so I don't think it will be hard for the police to catch these thugs. Still, the bad publicity these events give to the crypto is unbearable.

[GoodLuckToken]

Sad to see this guy got scammed for that kind of money. We're not talking about pennies here! Still, he should've done some due diligence and research before investing that kind of money with someone who you met or only talked to via the internet. Scammers are everywhere in the cryptosphere and to be honest, everyone should know that by now. Be careful with your funds and never go investing six figures with someone unless you've really done your homework (or six figures means nothing to you). Really hate reading stories like this. Scammers put such a bad name on crypto...

[DapanasFruit]

I would assume that the victim must be belonging to the older generation and is not a big fan of reading news on the internet or even watching YouTube videos on many types of scams and frauds. The strategy used here is already very common and this has been reported many times online including many videos on YouTube which many very entertaining as the supposed victim turn around the situation. Letting anyone take the control of your computer remotely is a big no no and trusting someone whom you just talk online with a big amount of money is like burning your own house. Old folks should resist the call of the greed and use always a big amount of common sense. This is one big lesson to all - young and old.

[Chato1977]

I would assume that the victim must be belonging to the older generation and is not a big fan of reading news on the internet or even watching YouTube videos on many types of scams and frauds. The strategy used here is already very common and this has been reported many times online including many videos on YouTube which many very entertaining as the supposed victim turn around the situation. Letting anyone take the control of your computer remotely is a big no no and trusting someone whom you just talk online with a big amount of money is like burning your own house. Old folks should resist the call of the greed and use always a big amount of common sense. This is one big lesson to all - young and old.

Sometimes it is the attitude that brings us to scamming, because even if we Knew about those scam strategy but if you have a greedy personality then if this knocks on your door basically you'll bite the trap and become the victim eventually .

[maydna]

I would assume that the victim must be belonging to the older generation and is not a big fan of reading news on the internet or even watching YouTube videos on many types of scams and frauds. The strategy used here is already very common and this has been reported many times online including many videos on YouTube which many very entertaining as the supposed victim turn around the situation. Letting anyone take the control of your computer remotely is a big no no and trusting someone whom you just talk online with a big amount of money is like burning your own house. Old folks should resist the call of the greed and use always a big amount of common sense. This is one big lesson to all - young and old.

Sometimes it is the attitude that brings us to scamming, because even if we Knew about those scam strategy but if you have a greedy personality then if this knocks on your door basically you'll bite the trap and become the victim eventually .

Getting scamming does not relate to the young or old, but it is because they don't search for more to know if that is fake or real news. If they can found more information from many sources, they will know what they should do, and they do not have to greed to chase the money if that looks very good to be true. The scammers will always tempt people to follow their instructions, and the scammers will offer a big reward or fast money to them. It is our job always to be careful and not send the money to unknown things.

[Lorence.xD]

That's why you don't trust people online no matter how sincere they are when you are talking to them, sometimes that's part of social engineering scams, to make you let your guard down, and you also have to be paranoid about your online security, I study IT so I know some ways to get in someone's computer and they are pretty brutal than this one.

[worle1bm]

Now, metropolitan police say a scammer has stolen $ 282,000 from a local man in the same wooded area.

That's quite a big amount to loose for an single individual to those scammers.

They promised him to invest his money in a fake brokerage firm, promising to receive a significant amount of bitcoin as a profit.

Everyday we hear that scammers have tricked another victim to have their funds.Which exchange provides you with such schemes that you'll get "Significant Returns" and you must know at first instance that something is phisshy because nobody gives guarantee in this crypto market you of your return and funds.The main point is many people are new to the market and hastely wants to join this market in hope of getting profits and getting free coins or double the amount scheme easily make them fall in trap of them.

The thieves tricked the man into allowing him to access his computer remotely. In this way, they used his personal information to get a loan.

This is one level up from the victim as giving remote access of your dekstop to some other person you didn't even recognise is highly risky as well as foolish move on his part.So if you are opening any account over the exchange do they need to have access of your computer's even if there is any technical issues.How in the hell people believe all this?People really need to know technical aspects first of all even if they don't want to understand just search for the popular exchange like Binance or the local exchange of your country which is much easier and safer.But still these scams continue to happen because people are greedy to earn just some free coins which they will never get.

[imstillthebest]

its brutal indeed because not only they steal money but they use the guys info without him knowing it but it was also the guys fault on why this happen because he allow the criminals to use his pc .
we need a follow up update to this case once the criminal gets caught .
 who knows maybe he is a real life robinhood too and he gave the money that he stole to the much poorer persons .

[Henrobakkara]

Nottinghamshire is the city where the famous Robin Hood stole from the rich to give to the poor. Now, metropolitan police say a scammer has stolen $ 282,000 from a local man in the same wooded area.
The victim, who did not want to be identified, said the scammers deceived him after an online conversation in 2020. Apparently, they promised him to invest his money in a fake brokerage firm, promising to receive a significant amount of bitcoin as a profit.
The thieves tricked the man into allowing him to access his computer remotely. In this way, they used his personal information to get a loan.
Detective Sergeant David Breach said in the police report: “Reports of investment fraud have increased significantly since the start of the coronavirus pandemic, which is unsurprising when you think the vast majority of us have had to conduct nearly every aspect of our lives on a computer or mobile phone.”
In the six-month period between October 2020 and March 2021, US users reported more than $ 82 million in online cryptocurrency fraud, according to the US Federal Trade Commission.
Perhaps it is time to repeat the obvious: People who want to enter the crypto space need to know that they face a myriad of dangers and inconveniences. Because of your love to cryptocurrency, do not respond to unexpected messages from unknown senders and unreasonable promises of astronomical profits or rewards.


Source: https://decrypt.co/73446/british-man-duped-out-of-282000-in-brutal-crypto-scam

First, even as a newbie way back when I dint even fell for anything like this. Why would you allow people you don't know to have access to your computer remoitely? I know most of us here started this cryptocurrency journey somewhere and we understand that it is better to do that from an exchange.

What kind of investment did he want to invest in that will pay him a lot of Bitcoin? I this age and time, it saddens me to still hear this kind of news that people still allow themselves to be scammed online by people you have never met.
Sorry for what happened to him but it was his fault.

[dataispower]

its brutal indeed because not only they steal money but they use the guys info without him knowing it but it was also the guys fault on why this happen because he allow the criminals to use his pc .
we need a follow up update to this case once the criminal gets caught .
 who knows maybe he is a real life robinhood too and he gave the money that he stole to the much poorer persons .

Believe me, the real scammer would not be so humane to spend the stolen funds on the poor people. I'm sad on his behalf he had to go through this. I believe most of these victims don't make inquires from people around them hence they are always victims of such scams.

[Ararbermas]

Sad to say that despite of some negative news about crypto currency in the internet such scamming and the bad side of it, Seems there's a lot of people that still lack of awareness when it comes investing,
Probably they don't care about it since they let those thieves manage there personal information. Lol  because imagine is that possible to happen if you already know what sometimes happened when it comes investing through crypto currency especially with unknown people?  Looks like they're really want to earn massive profits and become blinded.

[imstillthebest]

its brutal indeed because not only they steal money but they use the guys info without him knowing it but it was also the guys fault on why this happen because he allow the criminals to use his pc .
we need a follow up update to this case once the criminal gets caught .
 who knows maybe he is a real life robinhood too and he gave the money that he stole to the much poorer persons .

Believe me, the real scammer would not be so humane to spend the stolen funds on the poor people. I'm sad on his behalf he had to go through this. I believe most of these victims don't make inquires from people around them hence they are always victims of such scams.

yes real scammers are evil and have no soul but some will get to the point that they want to change and to do something good for the last time using their skill .
inquiring is a must if we are not sure of what we are entering and we can do it on our own with the help of internet if we have no friends with good knowledge regarding on our concern .

[Shasha80]

Sad to say that despite of some negative news about crypto currency in the internet such scamming and the bad side of it, Seems there's a lot of people that still lack of awareness when it comes investing,
Probably they don't care about it since they let those thieves manage there personal information. Lol  because imagine is that possible to happen if you already know what sometimes happened when it comes investing through crypto currency especially with unknown people?  Looks like they're really want to earn massive profits and become blinded.

Scams that occur in the crypto world are still lacking in investors awareness, most victims are only obsessed with big profits. Without being careful
about entrusting personal data to other people they know online, this is a very stupid act in my opinion. Therefore we really have to be able to
control greed, don't let it lead us to bad things. Always do your research if there is an interesting offer related to crypto, because all very attractive
offers are very likely indications of scam.