This scammer JOSEPH LUBIN who is claiming to be seasoned “EXPERT TRADER” is using a fraudulent company known as BINARY OPTION TRADE to steal money from unsuspecting Bitcoin vendors.
Through his partner NOXOLO VENTER KHATHIWE who acts as vendor’s mentor they claim to have made millions investing in cryptocurrency and promise their victims that they will make money with investments.
To get started, KHATHUWE approaches a vender and name refers him/her to the expert trader ‘MR. LUBIN’
LUBIN then requests an upfront fee, and instead of making money, he simply steal the upfront fees. He then requests personal identification information, claiming it’s for transferring or depositing funds, and thus gain access to the vendor’s cryptocurrency.
While this is happening,
the other scammer KHATHUWE uses fake celebrity endorsements. She takes real photos and impose them on fake accounts, ads or articles to make it appear as though the celebrity is promoting a large financial gain from the investment. The sources for these claims appear to be legitimate, using reputable company names such as Paxful.
More stories to follow….