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Author Topic: A Guelph woman has been the victim of a cryptocurrency scam via text message.  (Read 76 times)
KawasakiNinja1_ (OP)
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Today at 03:47:33 PM
Last edit: Today at 04:34:26 PM by KawasakiNinja1_
 #1

In fact many have lost their bitcoins from exchanges to hackers and many have lost their holdings to wallet seed phrases. Maybe these are discussed on our local board but currently it appears that a woman in Guelph lost $140,000 to a crypto currency scam via text message. The bottom line is that Guelph Women told the police that the scam started a few months ago and that she had received a text message from the wrong number and that the woman had exchanged texts with the man. who convinced him to open an account and invest in various Cryptocurrency agencies and she invested accordingly and this woman believed that his balance had increased but when she went to withdraw she was informed that he would have to pay a hefty fee.



So it is clear that no one in our Naija board should invest despite receiving any tempting offers from strangers Because they keep falling into such traps to grab wealth, many inexperienced people lose their money to hackers.


https://x.com/MercuryTribune/status/2113673870716584166

Guelph woman loses $140K in cryptocurrency scam that started with wrong number ; https://www.guelphtoday.com/police/guelph-woman-loses-140k-in-cryptocurrency-scam-that-started-with-wrong-number-12929508

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BIT-BENDER
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Today at 04:08:00 PM
 #2

The story was about a woman and that she got a text from someone but at a point you started to use( he,him)is that a mistake which I believe it is or is it something else, the story won't make sense with a grammatical error.

When I saw Crypto-currency scam through text I thought the victim was sent a phishing link through text which she clicked but the fact that someone convinced her to invest into something over text makes her an easy target, she should question her ability to survive in any financial space.

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Today at 04:59:48 PM
 #3

How will someone you don't know text you about investment opportunities in cryptocurrency, and how can you trust such a person and invest through them? This is what a lack of information costs us: the moment we don't know basic safety rules for Bitcoin or any form of crypto, we are likely to get scammed because they'll exploit our ignorance about what we need.

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Queen uloma
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Today at 05:28:01 PM
 #4

How will someone you don't know text you about investment opportunities in cryptocurrency, and how can you trust such a person and invest through them? This is what a lack of information costs us: the moment we don't know basic safety rules for Bitcoin or any form of crypto, we are likely to get scammed because they'll exploit our ignorance about what we need.

This is one of the biggest mistakes people always make, why will you trust someone you don’t know simply because they promise you huge profits from crypto investment. A stranger that you don’t know is not suppose to earn your trust simply because they want to make you rich. Before you invest your money In anywhere you need to understand what you’re investing in and also know the risks involved.

That’s why education is very essential, imagine when you don’t have knowledge of how bitcoin works scammers can easily make use of that opportunity. The best thing is to learn first, verify everything and don’t allow greed to over take you.

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Today at 05:54:42 PM
 #5

How will someone you don't know text you about investment opportunities in cryptocurrency, and how can you trust such a person and invest through them? This is what a lack of information costs us: the moment we don't know basic safety rules for Bitcoin or any form of crypto, we are likely to get scammed because they'll exploit our ignorance about what we need.
I actually find it funny when people say text message scam doesn't work anymore when we see it happening around us everyday, it wasn't always about crypto but the smarter people get the more complex strategies these scammers are employing in order to outsmart them.
Also one of the reasons why we don't hear about this as much as it happens is probably because victims keep it to themselves because after the scam the whole scheme might end up appearing obvious and people don't want to appear likes fools to their friends and family, we usually hear about it when the scammers get outsmarted.

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Today at 06:52:34 PM
 #6

How will someone you don't know text you about investment opportunities in cryptocurrency, and how can you trust such a person and invest through them? This is what a lack of information costs us: the moment we don't know basic safety rules for Bitcoin or any form of crypto, we are likely to get scammed because they'll exploit our ignorance about what we need.
I actually find it funny when people say text message scam doesn't work anymore when we see it happening around us everyday, it wasn't always about crypto but the smarter people get the more complex strategies these scammers are employing in order to outsmart them.
Also one of the reasons why we don't hear about this as much as it happens is probably because victims keep it to themselves because after the scam the whole scheme might end up appearing obvious and people don't want to appear likes fools to their friends and family, we usually hear about it when the scammers get outsmarted.
One of the lessons on cyber security is how scammers come up with various ways to target the psychology of the individual into believing their stories and I think instead of us shifting blame or looking for whom to blame, we should try to make cyber security a more taught subject as we teach about crypto currency based investment or other investment opportunities that arise.

If we understand that any business opportunities could be a potential scam, we would see and examine every text message or call or email as a potential selling point and we would learn to set our devices in a way that it refuses access to unknown people or tag them as spam so as we be very alert and careful when they start selling off their ideas to us.

Anything is possible these days because people need money, so it is true we only mostly hear about scammers when we outsmart them, but we should also try to be more comfortable sharing new updates we get from suspicious sources to those close or mostly on this forum where no one knows us that much to judge us.
That's how we protect ourselves and our little money from being stolen before we talk about how to increase it.

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Today at 09:50:44 PM
 #7

At first, you receiving a text message means that the perpetrators are around you, they are in her cycle and possibly it is someone that knows her kind of person that did such act against her. That is how they organise themselves and decieve people they know too well about their kind of person.
It is unfortunate that she lost such an amount of money, she probably does not have idea how scammers operates in the space otherwise she wouldn't fallen for such scam.

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