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To: PeterPrinciple

Me neither. What I learned was.. victim is coaxed into buying crypto from a fake exchange. Fake statements are sent out showing a small increase in balance. At this point victim is allowed to withdraw everything. But the temptation is to buy even more, potentially using up all of his/her savings. Then WHAM !


7 posted on 06/19/2023 1:44:40 PM PDT by libh8er
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To: libh8er

Me neither. What I learned was.. victim is coaxed into buying crypto from a fake exchange. Fake statements are sent out showing a small increase in balance. At this point victim is allowed to withdraw everything. But the temptation is to buy even more, potentially using up all of his/her savings. Then WHAM !


A scam as old as civilization and a proven working history

That said, I have been scammed and paid my tuition. I wonder if the person in the article understands tuition.


19 posted on 06/19/2023 2:05:33 PM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: libh8er
Sometimes I scam the scammers. There was an inheritance scam mailed from Canada that all I had to do was pay some Canadian lawyer a sum of money for an unclaimed property filing. Couldn't find him on the website for the Ontario city in question or the bar association.

Told them Ontario wasn't too far for me to drive up and check them out. When would be a convenient time to do so? As you might guess, never heard from them again.

They mail it from Canada so you can't get the fraud inspector for the U.S. Postal Service to investigate.

25 posted on 06/19/2023 2:13:30 PM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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