The Bitcoin scam – that’s on your feeds today.

Screenshot 2019-04-23 at 06.42.11.png

 

Take a look at this link,

It purports to be the Mirror telling people they can make £1,000 a day trading bitcoin on an automated platform. All you have to do is feed in £190 and away you go. The algorithm buys and sells bitcoins and you put your feet up watching your account balance multiply.

The link appeared on my twitter feed this morning and it’s probably on your’s too.

Screenshot 2019-04-23 at 06.43.21.png

sounds too good to be true- is too good to be true.

On a trading platform, every buyer must be matched by a seller. If not then we have a bubble. Back in the 18th century, people bought into the South Sea Trading Company in the belief that its shares could only go up, people bought into black tulips, the Equitable Life and CDIs for the same reason.

So what in heaven’s name is a famous newspaper – the Daily Mirror doing running what appears to be advertorial.

Well because this is a scam. The website that looks like a Mirror website is not, every single link on that site leads you to a scam run by Crypto Cash Fortune.

Which means that ITV’s Good morning Britain becomes complicit in the scam too.

Press the link on this screenshot of the ITV program at the top of the article and you get through to this website

Does Rose Hill, the Mirror reporter supposedly endorsing this product, know her article  has been hijacked like this? I’ve written to ask her.

Do Susannah Reid and  Piers Morgan of the ITV’s Good Morning Britain know what losing even £190 can mean to a family on the breadline? And it won’t stop at £190- we all know that people pile in more and that’s when they lose their fortunes.

Which is why Piers and Susanna are endangering ordinary people’s finances – with such gormless incredulity.

Screenshot 2019-04-23 at 06.30.13.png

Does anyone really believe that an automated trading platform investing in CFDs is going to be a sensible investment for ordinary people?

Does anyone think that Steve Jobs, Richard Branson et al are talking about Crypto Cash Fortune?

Of course not, these endorsements of Crypto Cash Fortune are as fake as everything else on this fake website

Look everyone, this is an American organisation with no FCA authorisation using ITV and the Daily Mirror to sell an extremely risky investment as a get rich quick scheme.

How can this possibly be right?

How can this article be on our social media feeds? How many unsuspecting readers will take Rose, Piers, Susannah’s, Richard’s Warren’s and Steve Job’s word for it?

Crypto Cash Fortune are using all kinds of spoof websites to run what they call advertorial. I’m calling the Mirror and ITV because their commercial interests are at risk from this.

A scam is a scam is a scam; these guys will be stopped by the Regulators eventually but for now it’s up to us to make sure people are protected.


 

ADDENDUM

The Disclaimer on the website says

Earnings and income representations made by Crypto Crash Fortune, REAL_HOST (collectively “This Website” only used as aspirational examples of your earnings potential.

The success of those in the testimonials and other examples are exceptional results and therefore are not intended as a guarantee that you or others will achieve the same results. Individual results will vary and are entirely dependent on your use of Crypto Crash Fortune.

This Website is not responsible for your actions. You bear sole responsibility for your actions and decisions when using products and services and therefore you should always exercise caution and due diligence. You agree that this Website is not liable to you in any way for the results of using our products and services. See our Terms & Conditions for our full disclaimer of liability and other restrictions.

This Website may receive compensation for products and services they recommend to you. If you do not want This Website to be compensated for a recommendation, then we advise that you search online for a similar product through a non-affiliate link.

About henry tapper

Founder of the Pension PlayPen,, partner of Stella, father of Olly . I am the Pension Plowman
This entry was posted in advice gap, age wage, pensions. Bookmark the permalink.

11 Responses to The Bitcoin scam – that’s on your feeds today.

  1. mosegas says:

    Yes! it real scam and so many people have already fallen in this trap especially those who have no any idea about bitcoins ,Thanks in advance for your post it is so helpful to many people.

  2. Henry, Martin Lewis has been trying to stop his name being used for similar scam adverts. Dragon’s Den stars have also been used. The scammers are now trying similar tactics with other personalities and/or programmes or similar looking programmes. Many of the trading platforms are poorly regulated in Cyprus and just inside the law, but try getting your money out if you win! I know of a few victims and I wish they had asked me for my opinion!

  3. And here’s the latest version of this…this time it’s Ant McPartlin, Holly Willoughby and Philip Schofield who are being used by the scammers and once again the article cites Rose Hill as the author. How do we report these sites and who do we report them too? There needs to be more readily available public information about what to do if you see this online: https://eu.reliably-verified.com/crypto/uk/antmcpartlin/bitcoinrevolution/index.php?lpkey=1597827c559878c089&p=5423428&domain=?&s=PropellerAds%20-%20NMS&link=reliably-verified.com&uclick=xsx9ftk2

  4. Glynis Moira Anne George says:

    I decided to take a risk and signed up. I’m dealing with a company called investment 500. They are not authorised by the financial authorities . Have you heard of this company?

  5. henry tapper says:

    Pleased do not invest with anyone in this space Glynis till you’ve talked with someone who really knows about money. Investment 500 sounds a classic example of an organisation you should not invest in or with until you have done a lot of due diligence. TAKE ADVICE or LEAVE ALONE

  6. Pingback: Bitcoin – advice , guidance and common sense from LGIM | AgeWage: Making your money work as hard as you do

  7. neilfliversidge says:

    I’ve made a petition to ban crypto transactions. Please sign it.

    Click this link to sign the petition:
    https://petition.parliament.uk/petitions/565789/sponsors/new?token=K8Nr_lxmol8Snzibum28&fbclid=IwAR1dZNBdU1WSBjoV-8F8UdCtjBUtNdBrrLThsnoV1IuG9fqTzOaCmmEyzHg

    My petition:
    Legislate to prohibit the payment by or acceptance of cryptocurrencies by UK resident businesses or individuals, and require UK regulators (the FCA and PRA) to prohibit transactions by UK financial institutions in cryptocurrencies such as Bitcoin.

    Only criminals need cryptos, which have no intrinsic value and are a destabilising influence on society, undermining law order. Blackmailers would immediately be impeded if cryptos could not be obtained and a ban by the UK would shake faith in cryptos causing prices to crash. That in turn will reduce the wealth and power of criminals holding cryptos. Cryptos are in no way essential to legitimate citizens and businesses, and the ‘mining’ of cryptos is harmful to the environment.

  8. Pingback: Protecting pension savers – five years on from the pension freedoms: Pension scams | AgeWage: Making your money work as hard as you do

  9. Barkat Khan says:

    I have had my own share of binary option scam, I lost over 200k USD, and i was still told to send more money to unlock my account. I reached out to chargeitbacks and they helped me get my money back.
    If you have ever been scammed or you know someone that has been scammed, chargeitbacks.com will get the money back. They are a recovery team that specialize in funds recovery, be it cryptocurrency , bitcoin, forex, catfish/romance scam.

  10. Lindas Caroline says:

    Its all a scam, this is my experience with the fake binary options broker, I traded with 365-fx binary options. I wanted to earn some money to pay for some bills so I invested the total of $86,000 worth Bitcoin with them, these brokers said I will be able to withdraw my fund but the brokers keep on calling me everyday to deposit to invest and make good profits, I told them all my funds are in the trading account and I can’t deposit more money anymore. They became so rude and stopped calling and also stopped responding to my messages and finally blocked my account. I wanted to withdraw my money and I couldn’t, they denied me my access to withdraw my money, Months went by and I still couldn’t withdraw my money. I was advised to seek a recovery company, Fortunately I found on this James Group recovery expert Mr. Philip James who I reached out to and explained my issue to him, God so kind he was able to get my funds back including my bonus, i am happy to share my experience with you, I advise everyone out there to be very careful with the company you invest your money with, there have been a lot of unregulated broker, it took 7 working days to get my funds back. I feel obligated to recommend him with funds recovery strategy, feel free to reach out to him via his email address: jamesgroup111@gmail.com, if you are having issues withdrawing your money he will assist you on how to claim back your investment.

  11. Clarence Buckley says:

    Crypto currency is not exactly a newfangled contraction; the idea of a decentralized digital asset was coined in the late 80’s by David Chaum, but cryptocurrency fraud is one of the looming dangers of this new digital opportunity. Here’s how you can make sure you don’t fall for it. As a rule of of thumb, you should never accept crypto trading with companies or startups that are not blockchain-powered. before committing to a company or another, you may want to review their credentials look for status quo indicators such as adherence to initial coin offerings rules and digital currency liquidity. If you are in this kind of situation you have nothing to worry about have got a trusted and a reliable recovery company which will get you out of this and get you all your lost back , Mr. Darnell at darnellsean592@yahoo.com will surely get you back your lost bitcoin

Leave a Reply