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Scam information

This content is based on victim and potential victim accounts. Government agencies and legitimate business names and phone numbers are often used by scam artists to take advantage of people.

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Description

about an online trading scam that I have been a victim of, involving a platform called Linus Blockchain and a person named Carl Robert. Below, I provide the details of the scam and the events that transpired: Details of the Scam: Initial Contact: I was invited via Facebook to join a WhatsApp group promoting the Linus Blockchain platform. The invitation came from a person named Carl Robert. Promises Made: The group promised massive profits from coin trading on the Linus platform. They assured us that these profits would help us regain our stock losses. Investment Encouragement: I was encouraged to fund my account repeatedly to increase potential profits. Despite my skepticism, I transferred funds to my account based on their promises and reassurances. Suspicious Activities: I noticed inconsistencies within the group, such as different persons showing the same trade and profit amounts. This raised my suspicions, but I continued to participate due to the consistent pressure and promises of high returns. Scheduled Trading Event: On the scheduled trading date, we were instructed to trade a coin called ZXA. We were given specific instructions and timing to buy and raise the coin's price. Loss of Funds: During the trading session, my account was suddenly wiped out. Meanwhile, other group members were claiming significant profits from the same session. Explanation and Support: When I questioned Carl Robert and the support person in the group, I was told that my funds were liquidated because I did not insert the exact amount requested for the trade by the instructor. This explanation was not convincing, as there were instances where the instructor seemed to have real-time visibility of my trades, raising further suspicions of manipulation.

Dollars Lost

$47000

Targeted Person's Location

NY, USA- 14304

Scammer Information
Scammer location logo

Littleton, CO- 80123

Mail logo

Unknown Email

Mobile logo

(564) 212-4242

Web logo

Unknown URL

Scam Type

Investment

Learn More

Business name

Linus Blockchain Foundation

Date Reported

July 2, 2024

Scam ID

861914


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