Posted on 01/12/2023 1:16:05 PM PST by nickcarraway
Sajid Ikram had made a bundle in cryptocurrency, so when he met a ‘cryptocurrency analyst’ on Facebook with a winning trading strategy, he didn’t think it would be a scam. It turned out to be an elaborate one.
Sajid Ikram, 49, is an IT entrepreneur living in Canada. This is an edited version of his story, as told to CNA Insider. I grew my cryptocurrency portfolio by 8 times. Then I blew it on a scam Sajid Ikram had made big gains in cryptocurrency - but he lost it all to an elaborate scam. (Photo: Sajid Ikram)
EDMONTON, Canada: Actually, the scammers didn’t reach out to me first. I was the one who added one of them.
It all started in August last year when Facebook recommended a Nydia Chen to me as one of the “people you may know”. And I’m like, “Why does Facebook think I should connect with this person?”
To find out, I added her as a friend. We chatted a little via Facebook and, when I asked her what she did, she replied that she was a cryptocurrency analyst. That’s probably why Facebook connected us.
(Excerpt) Read more at channelnewsasia.com ...
a fool and his money are soon parted
Crypto IS a scam
a money and its fool are also soon parted...
Crypto is just the modern day equivalent of the Dutch tulip mania, and will end the same way. I never invested in it because it was just a matter of time before the government clamped down on them with regulations that would render them nothing more than a novelty like beanie babies.
“Crypto IS a scam”
That’s what makes his statement so funny!
If I owned any bitcoin I would be selling and buying gold. Can't believe people are still buying the junk investment.
Invest in crythey said....you’ll clean up they said....totally secure they said.....
Saw a documentary the other night called “The rise and Rise of Bitcoin” from 2014.
Very informative. While it was an attempt to spin Bitcoin in a positive light to me it did just the opposite.
For instance I didn’t know no one really knows who even created Bitcoin.
Some “person” with a Japanese name supposedly did but no one has ever come forward and taken credit for it......or blame.
All digital magic beans as far as I’m concerned.
I remember a friend of mine was showing me his stock portfolio and how amazing it was doing. He was in it for the “long haul”. It seemed that he couldn’t lose. Almost everything was up.
This was a month before the dot com bust.
I remember reading stories about it being immune from any kind of government interference but then I read stories “government seizes crypto account”
I would love a decentralized currency but this bitcoin crypto craze does seem pretty shady to me.
Zero sympathy. None.
You do know the government can make gold illegal and take it from you at any time. It's happened before.
Exactly, he was just benefiting from the scam until it was his turn to get taken to the cleaners.
Satoshi Nakamoto statue Budapest (Proposed? Existing?)
Yeah, and like the smart ones before, I won’t turn mine in either. They will have to find it. 🙂
Ah, so that's why all the friend requests from "chicks" with cryptocurrency promotions all over their profiles, whose profile pics usually turn up some ig model on image search.
What a moron.
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