My community is falling for DSJ Exchange / BG Wealth Sharing — and no one believes it’s a scam

If you’ve heard about DSJ Exchange, BG Wealth Sharing, or those apps promising guaranteed daily returns from crypto “codes,” please be careful. I’m watching people around me fall into this and it’s honestly scary.

It started when an uncle told me about an app where you put money in “like stocks” and get guaranteed returns. That alone was a red flag. When I looked into it, it wasn’t even real stock investing — it was some kind of crypto setup using a fake app (basically just a website wrapped like an app).

I spoke to my cousin and asked him to show me. That’s when I realized how deep it was. He truly believed in it. I told him straight up this looks like a scam, but his response was: “It can’t be — a lot of people I know are in it.”

That’s the problem.

More family members joined. People are putting in thousands of dollars. The balances on the app keep going up, but it’s all fake numbers. The only way they “grow” it is by bringing in more people — usually their own friends and family.

They’re also using another app called “Bo Chat,” where so-called “professors” send trading codes twice a day at fixed times. People follow these instructions and think they’re making profits.

To me, this is clearly a Ponzi scheme. But no one wants to hear it.

They’re targeting older immigrants in my community — people who trust each other and don’t question things like this. Hundreds of people are getting involved. When I try to warn them, they say I’m jealous or that I don’t want them to succeed.

Some people say they’ve withdrawn money, but it’s always small amounts — like $200 or $500 — after putting in $10k or more. Most can’t withdraw at all.

At this point, I’ve stopped arguing because no one is listening. It feels like they’re being completely convinced this is real.

I even thought about reporting it, but I don’t have enough details and don’t want to expose my personal information.

Now all I can do is watch it spread. And I know it’s going to end badly — people are going to lose a lot of money.

If anyone else has seen something like this in their community, please speak up early. And if you’re already involved in something like this — try withdrawing your money now before it’s too late.