Cryptocurrency investors lose millions due to scams
The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles
Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles
Answer Cryptocurrency investors lose millions due to scams
Fraud in the cryptocurrency market is among the most important obstacles and difficulties that a novice may encounter in this field. That is why we recommend in Bitcoin Arabs the need to learn, be careful, and be careful when entering money so that it is not lost to stalkers.
Recently, Bitcoin investors in South Africa accused the CEO of VaultAge Solutions of stealing millions of cryptocurrencies before he escaped with them.
According to a report by AllAfrica, Will Bredt, CEO of investment company VaultAge Solutions, is supposed to be on the run after not making public contacts since December 2019.
The report claims that Breidt is still residing in Jeffrey Bay under the eyes of the country’s criminal investigation unit.
Read:The launch of Ethereum 2.0 could be a threat to the Cardano project
Cryptocurrency investors who invested in VaultAge Solutions fear that he has fled to Mozambique.
Bridt is accused of stealing millions of dollars from investors’ bitcoins, and the report also tells VaultAge Solutions that VaultAge Solutions is not registered as a legitimate financial institution with the Financial Services Conduct Authority (FSCA), despite having more than 2,000 investors.
The report quoted investor Lettie Engelbrecht of Krugersdorp as follows:
We are retired and invested 200,000 rand. From December through April, we received payments on the growth of our investments, but since then, we have never received any additional money.
We are desperate and live on a tight budget.
A South African investor has reportedly deposited more than 6 million rand ($342,000) with Bredt.
While “Bridt” responded with a written response, explaining the following:
I am busy attending to the commitments I have made to the members, the obligation is to pay the initial capital in full by May 31st.
Colonel Katligo Mogali of the Directorate of Priority Crime Investigation (DPCI) said authorities were investigating the case but could not reveal any further information “at this stage”.
Read:PundiX integration as a way to receive cryptocurrency payments on Verifone X990
Read also:
Beware of the BitGrin scam for this reason!
A new scam targeting XRP investors…details here
And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time