标签档案: investors

Steven Seagal-backed ‘new Bitcoinscam cost investors $11million

A CRYPTO scam which branded itself as the next Bitcoin cost investors some $11millionwith the con even roping in action star Steven Seagal.

Under Siege and Half Past Dead hardman Seagal was paid to promoteBitcoiin2Gen” (B2G) 看到了 500 investors left out of pocket in cash and other 加密货币 as he unwittingly ended up backing the scam.

Steven Seagal 'whole heartedly' endorsed Bitcoiin2Gen - but he was also the victim of a con

Steven Seagal ‘whole heartedlyendorsed Bitcoiin2Genbut he was also the victim of a con信用: 路透社

Seagal reportedly had been offered $250,000 along with £750,000 worth of B2G for appearing in promotional materials for the con artists.

He appeared in a press release for them andwholeheartedlyendorsed the scheme in a post to his 7million followers on Facebook.

For Bitcoiin2Gen, the choice of Zen Master, Steven Seagal is obvious as brand ambassador, this extends our long-term commitment towards the community,” the press release read.

His management however have said he wasconned like everyone elseand it was justbad luck and timing for Steven”, 报告 市场观察.

And Seagal’s team previously said the actor backed away when he started having doubts abotu thebona fidesof the product andterminated the relationship”, 报告 美国全国广播公司财经频道.

Seagal also reportedly was only paid part of his $250k feeand he cut ties with the company in 2018.

The US Securities and Exchange Commission (SEC) 在宣布 2020 they had settled with the action star for around $300,000 in costs and penaltiesbut the case against the people behind B2G continues.

Millions of dollars remain missing as the crypto fraud’s alleged mastermind Kristijan Krsticalso known as Felix Loganwas reportedly recently released from prison in his native Serbia.

SEC officials describe him as thefounder and controllerof B2G.

He had been facing extradition to the USbut local reports suggest him and eight of his alleged accomplices were freed at the end of July.

Kristic is alleged to have been the creator of B2Gbut he is also linked to more than a dozen other trading platforms which may have fraudulently scooped cash of up to $70million.

The inspiration of Bitcoiin2Gen is to make a superior or more advanced version of Original Bitcoin

B2G

Investors were tricked by a slick operation which included fake staffmostly female- mocked up with names and photographs, and fake names during video conferences.

Customers were given logins to an investment portal that would always show fake returns and included a fabricated paper trail of investments, withdrawals and receipts.

The scheme promised investors could “purchase bitcoin at half market price!!” due to a “24-7 mining” at facilities “worldwide”, according to the US Department of Justice.

And they promised huge gains of up to 200 per cent with three months to try and lure in unwitting investors, and described B2G as aself-sustaining cryptocurrency”.

The inspiration of Bitcoiin2Gen is to make a superior or more advanced version of Original Bitcoin”, the firm boasted.

Press release still live on the B2G website announcing Seagal's endorsement on the coin

Press release still live on the B2G website announcing Seagal’s endorsement on the coin

California private investor John DeMarr last week pleaded guilty for his part in the scampocketing some $2millionand he faces 5 入狱年.

He acted as one of B2G’s frontmen and used his gains to buy a Porsche, a BMW, pay off $1million and renovate his home in Seal Beach.

US officials believe Krstic’s whereabouts remains unknownbut he was pictured in Serbian media last month being reunited with his family after being freed from prison.

He is accused of running Ponzi schemes across the worldand DeMarr claims he only knew him asFelix Loganfor the first year of their relationship.

ELABORATE CON

Investors were told their money was being spent on giant crypto farms in Chinaand then they were told it was being rolled over into B2G, with the promise of their money being doubled free of charges.

Starting to get suspicious as they were left unable to access their money, DeMarr then started promising investors they would get returns of 8,000 百分, before then saying the firm had been taken over by a Russian firm.

He then told investors he was travelling to Montenegro to sell on the B2G coins so everyone could get their money back.

The company then claimed he was assaulted in disappearedbut in reality he was held up at his home in California.

He was indicted in February and now faces up to five years in prison.

Krstic however continues to seemingly evade justiceas do his alleged accomplices despite efforts by prosecutors.

The total missing funds is currently around $4million.

Suspected scammer Antonije Stojilkovic was reportedly extradited in February over the wider $70million network of scams.

He allegedly helped create and market fake investing platforms, including Options Rider, Bancde Options, Start Options, Dragon Mining, BTC Mining Factor, and Trinity Mining.

B2G and its associated networks are just some of the scams and cons looking to lure in new investors to the volatile world of cryptocurrencywith the US seeing more than 80,000 frauds in 2020.

The Sun Online previously revealed the tale of the infamousCryptoQueenwho fled with an estimated $13billion in Bitcoin.

同时, we told the tale of Gerald Cotten, a trader who died taking with him the passwords to a $215million fortunesparking rumours he faked his own death.

Bitcoin scammer ‘The Cryptoqueenspeaks at OneCoin Event at Wembley