Omaha woman warns of bitcoin authentication scam

OMAHA, Neb. (WOWT) – Cryptocurrency has become a great investment but here’s a warning about giving your money to the wrong people.

Scammers hack social media accounts and offer you a good deal as a friend and then use unsuspecting investors to lure others who are losing money.

A message from a friend on Instagram convinced Ariana Castañone to invest $500 in Bitcoin.

“Oh, such crazy hot I want to make money fast. I’m a broke student now I go to nursing school so I’m fine, maybe this will help me.”

But the message came from scammers pretending to be a trusted person. A cybersecurity expert at Metro Community College suspects how the Instagram account was hacked.

“You need to log in to verify your username and password or else your account will be locked out. If they see anything like this, they should check if it is legitimate,” said Gary Sparks, Cyber ​​Security at MCC.

Not only were scammers tricked into paying for Bitcoins with the Cash App but Ariana has fallen victim again.

They even made you sign up for a certificate before you get paid.

“Yeah, I’m like that totally wrong. I just invested $500 of my tax refund and it’s close to $10,000,” Castañon said.

She deleted her post but she still gets testimonials from others.

“I invested in bitcoin money and made a huge profit,” the investor said.

So be wary of those testimonials.

“Oh yeah, please do.”

But it’s not just words scammers send numbers and graphs to convince victims that their $500 investment is increasing, so send more money.

“I can’t do it just give me my money back. They’re like no, we can’t,” Castanon said.

Fake Bitcoin investments move to the top of the Better Business Bureau scam scheme.

We’ve already seen a slight increase in the number of reports and the number of dollars lost. Josh Planos, the Better Business Bureau, said that as the industry becomes increasingly widespread, people are talking about it more and more, more and more victims will be affected.

20 times more return than Ariana’s cash investment in bitcoins and her money disappeared. But what returned to her was a motherly warning.

“Quick money is serious money,” Castanon said.

A little bit of sound advice.

Here are some tips from the Better Business Bureau about Bitcoin investment scams.

  • Protect your wallet. If you buy cryptocurrency, the security of the wallet is of paramount importance. If you lose the key, your money will be gone permanently.
  • Look carefully at email addresses and website addresses. Phishing scams often try to trick people into logging in and then capture their login credentials. Then those can be used to steal money. Searching for an exchange with one of the Internet search engines may lead to fake sites advertising real companies and impersonating them. Be especially careful when viewing them on the phone.
  • Do not pay for products with cryptocurrency. Be careful if someone asks you to pay with bitcoin or any other cryptocurrency. No one in the government will ask for this method of payment.
  • Beware of fake redemption companies. Scam companies sometimes claim that they can recover stolen funds for a fee. These are usually scammers.
  • Watch out for fake reviews. Scammers often create fake reviews of their own companies.
  • Be wary of celebrity endorsements. It can be tempting to rely on a prominent person who has invested in cryptocurrency. But often these endorsements are unauthorized, and even if they are, celebrities may be paid for the effort and may not know more about them than you do.
  • Be careful about claims on social media. This is the most common place for people to encounter investment scams.
  • Be wary of “friends” who connect with you on social media and tell you how they made money with cryptocurrency. Accounts are hacked frequently. Call your friend over the phone to see if he really is.
  • Download apps only from Google Play or the App Store. Trusted app stores don’t eliminate the risk of app scams, but they do provide a basic level of protection. Be careful with applications. Some of them contain malware.
  • Don’t believe promises of guaranteed returns. No one can guarantee how the investment will perform.
  • Ask for help and support. The Cybercrime Support Network offers a free and confidential support program for romance scam survivors.

Copyright 2022 WOWT. All rights reserved.

Leave a Comment

Your email address will not be published.