Tag: CryptoEngine

It is about time for regulators to take stronger action against fraudulent marketing campaigns like Tesler, Bitcoin Prime, and myriads of others. These fraudulent campaigns are constantly acquiring new victims for the hundreds of active scams and collecting commissions for it as a so-called Introducing Broker. These fraudulent campaigns are created and operated by digital marketing agencies. 8 out of 10 of these campaigns, like Tesler, come from the workshop of Israeli agencies. The UK FCA issued a warning against Tesler.

A few weeks ago, we issued a first warning against the Richfielder scam, which works with fake articles about a student millionaire. With this method, anyone would be able to earn €10,510 in 21 days. One article attacking German-speaking victims was published on Ikonitex (https://ikonitex.com/latestnews/finmag/). The link in the article redirects to the notorious Bitcoin System scam campaign. It is running today on DailySafeInvestment. Anyone who registers there is automatically turned into a victim of the Richfielder scam and is immediately taken to its deposit page.

We don't check all incoming emails that promise us quick wealth, but most of them. For example, an email promising us new products will earn us a lot of money easily and quickly. The link takes us through the referral hub www.irmasip.com, a site offering online cooking courses, to the Tesler fraud campaign on the unspeakable website Wapyhdkt (https://wapyhqkt.xyz/tesler-3). We register, and this also automatically registers us as a victim with the broker scam QuantumCapitals (www.quantum-capitals.com) and takes us to its cashier page.

Limassol is firmly in the hands of Israeli FinTech entrepreneurs. Without them, CySEC would probably be bankrupt tomorrow, and Cyprus would lose its main source of revenue. This includes the official fees that CIFs have to pay and the penalties that these CIFs have to pay frequently. They flow into the state budget. However, there is fierce competition within the Israeli FinTech community, such as between Ran Cohen and his BridgerPay and Amit Klatchko and his Praxis Cashier. We discovered both along with PayWize as payment facilitators in the Cryptrader scam.

Luckily, an email enlightens us that we could make a lot of money with Facebook Formula. We click on the included link and land on the scam campaign CryptoEngine. Those who register there because they are promised quick money via crypto are automatically directed to the scams Blueprint Capital and TraderFex and end up on the cashier pages of both scams. Both scams are allegedly operated via St. Vincent and the Grenadines, but no operators are provided. As a payment processor, we have once again discovered VISA partner BridgerPay.

Busy Friday! Today, the scam scene in Cyprus seems to be very active in the cyberfinance space. Emails are arriving almost by the minute, promising quick money and wealth. Those who click on the links are led to scam campaigns like CryptoEngine or Bitcoin Profit. The latter currently facilitated the broker scam ProfitsTrade (www.profitstrade.com), supposedly operated by ProfitsTrade Ltd in the Commonwealth of Dominica. We have discovered RocketBit for crypto payments as payment processors.

We once again received an email via Google Slides this morning that leads us to the CryptoEngine scam campaign...

Today, an incoming junk email promises us that we won't have to worry about money problems anymore. It leads us to a fake article in a major German newspaper cheering about the CryptoEngine, allegedly operated by Facebook, with which one could earn up to $2900 per day. Invented by Mark Zuckerberg. Sure thing, right? Who then actually wants to sign up ends up at the broker scam CoinsTrades (www.coinstrades.com).