Dec 11, · Richard Branson rings alarm bells about an obscure Bitcoin scam that uses his famous name to lure gullible victims Cover image via cryptocoin365.de Virgin Group CEO Richard Branson recently took to Twitter to warn his followers about a crypto scam called "Bitcoin loophole.". Jan 17, · And Sir Richard Branson has also warned that fake CNN news pages had been created to make it seem that he had endorsed a Bitcoin Trader-branded scheme. Sir . May 14, · The scam website claims that Sir Richard Branson invited presenters of the famous morning TV show to get involved with a “Bitcoin trading” system. As you can see from the image below, it is claimed that the presenters made an incredible profit over night. Even the camera man got involved, claiming that he made £! Is Crypto Group A Scam?
Bitcoin trader scam richard bransonRichard Branson Bitcoin Era Review , Scam OR Legit?Read my honest
Read more about Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group , which invests in cryptocurrencies and blockchain startups. Investment Fraud. An investment scheme is using a fake BBC News webpage to convince members of the public to hand over funds.
The spoof page references a Bitcoin-themed documentary broadcast by Panorama last year, but links on the page direct visitors to a site promising to make them a millionaire. Reports indicate that the fake page is being spread via emails sent from hacked accounts. The Financial Conduct Authority has previously issued a warning about an earlier scheme run under the same Bitcoin Trader branding that features in the latest effort.
Last year, adverts appeared on social media and elsewhere falsely claiming that a trading platform operating under the same name had been backed by several of Dragons' Den's stars.
Two of the show's entrepreneurs - Deborah Meaden and Peter Jones - subsequently issued denials. Ads also claimed that Lord Alan Sugar had quit The Apprentice to help promote its software, leading the businessman to tweet that he had contacted the police.
A scam do not part with any money. In addition, the former BBC journalist Martin Lewis - who now runs the MoneySavingExpert site - launched legal action against Facebook after it failed to remove fake ads suggesting he was also involved. In his latest bid to crack down on scammers using his name and image online, the Virgin founder has released an animated guide to spotting a scam.
To clamp down on fraudulent endorsements, an animated Sir Richard recounts the ways fraudsters have used his name and likeness in the past and exposes the common tactics they use. The entrepreneur goes on to offer advice on how to tell what real engagement looks like, and what to do if an individual suspects they are dealing with a fake Sir Richard.
I never endorse any get-rich-quick schemes - this is a sure-fire way to lose your investment. Help us stop scammers and report anything you think is suspicious.