Main Report
My mother, who is in her fifties, recently joined an unnamed crypto group. The group instructed her to open several accounts so that supposed gains could be moved in and out. Every weekday, members tell her when to open and close trades, and the figures she sees make it appear that she is earning a lot.
The part that alarmed me most is not just the trading display. The group sends money into her bank or trading account and then directs her to transfer it to another person’s account. I do not know whether she has deposited her own money, how the group recruited her or what platform it uses, so I am not filling those gaps with assumptions.
From my position, this looks like more than a questionable investment pitch. She may also be being used as an intermediary for money whose origin she cannot verify. I planned to speak with her that evening and hoped I could interrupt the arrangement before she became defensive or moved anything else.
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