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Fake docs rock real docs: Ex-Wall St guy accused of conning medics out of £27m for bogus cryptocurrency fund using faked paperwork

Anonymous Coward
Anonymous Coward

Came to say the same thing. There have been several recent cases in Brazil, and in some the companies just blame our version of the SEC for its strict rules.

Unfortunately we have a long and proud history of this kind of fraud. Google (or Bing, if you're into this kind of thing) for TelexFree -- some of the crims are still free and one created yet another ponzi scheme, this time selling diamonds or similar.

I can't blame the victims, but these guys spread their ads through rumour mills in Facebook and Whatsapp and.... churches' groups.

AC because cryptocurrency *is* a cult. Most of TelexFree victims had a lot of money invested on the "company" and when the SEC closed it down they complained loudly about the evil government that didn't allowed them to quickly get rich.

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