ND warns residents about cryptocurrency education scams
- Saskatchewan Premier Scott Moe warns about scammers using his image to promote cryptocurrency scams.
- Moe stated on social media that his photo and those of public figures are being used in these scams.
- The Financial and Consumer Affairs Authority reported fake articles claiming Moe endorses CanCap and BitCan, which are unregistered.
- Moe clarified he would never support cryptocurrency or specific investments, urging caution.
14 Articles
14 Articles
ND warns residents about cryptocurrency education scams
BISMARCK, ND (KXNET) — The North Dakota Securities Department is warning the public about a new investment scam involving fake “investment education foundations” that lure investors with promises of education on stocks and cryptocurrency, "risk-free" trials, and loans. The main goal of the scammers is to persuade investors to invest their own money into the platform as well as take out fake loans, paying exorbitant commissions, according to Nort…
Trading platform scam on FB misrepresents Sara Duterte, Inquirer.net
A Facebook (FB) ad promoting a cryptocurrency trading platform supposedly endorsed by Vice President Sara Duterte is making the rounds online. This is fake. Adding to the deception, the scam imitated the website of Inquirer.net. A reader sent a request through VERA Files’ Messenger Misinformation Tipline on March 4 to look into the ad. The scam ad was published on FB on Feb. 6. It carried a link to an article with a thumbnail showing Duterte and…
Stillwater Proposes Ban on Cryptocurrency ATMs Following Rise in Scams and Fraudulent Activities - Market-News24
In Stillwater, Minnesota, police are addressing a rise in scams involving cryptocurrency ATMs, where victims, often elderly, are tricked into depositing large sums of cash. One incident involved a 75-year-old woman who nearly lost $20,000 after being misled about an overpayment to her PayPal account. Since January 2023, the city has seen over $213,000 lost ...
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