Stop Scams Podcast: How an American business owner lost $275k in a cryptocurrency scam

  • 📰 straits_times
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 69%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

SINGAPORE – In September 2021, Mr Brian Bruce received an invitation from a man to connect on online professional network LinkedIn, which eventually led to him losing US$200,000 (S$275,000) in a cryptocurrency scam. Read more at straitstimes.com.

SINGAPORE – In September 2021, Mr Brian Bruce received an invitation from a man to connect on online professional network LinkedIn, which eventually led to him losing US$200,000 in a cryptocurrency scam.

After chatting with him for two weeks, the man introduced Mr Bruce to cryptocurrency trading platform Zebpayex.vip to trade Tether, a cryptocurrency stablecoin pegged to the US dollar.Convinced the platform was legitimate, Mr Bruce gradually increased his investment to $200,000 over two weeks. While trying to find online resources for scam victims, he discovered the Global Anti-Scam Organisation , a volunteer-run group that supports victims of online scams.Mr Bruce, who is now Gaso’s chief of operations, spoke to The Straits Times on the eighth episode of the Stop Scams podcast, which will be broadcast on Friday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore man linked to scams that duped over 50 victims of $3.7m arrested in MalaysiaA man who was allegedly involved in scams that duped more than 50 victims of over $3.7 million was arrested in Johor in a joint operation by Malaysia and Singapore. The 33-year-old Singaporean, who was handed over to the Singapore police on Thursday, will be charged on Friday with...
Source: thenewpaper - 🏆 7. / 63 Read more »

Across The Causeway Podcast: Listen to our Malaysia GE2022 analysesThe Straits Times Malaysian bureau analyses Malaysia’s 15th General Election. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

Green Pulse Podcast at COP27: Is there a limit to adapting to climate change?Synopsis: Every first and third Monday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »

Health Check Podcast: Protect your health and your wealth from your 20sEvery first and third Wednesday of the month, The Straits Times helps you make sense of health matters that affect you. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »

Indonesia orders exchanges to stop trading FTX tokens - regulatorJAKARTA : Indonesia has ordered crypto exchanges in the country to stop trading the FTX tokens following its bankruptcy filing in U.S. court, the sector's regulator said in a statement Thursday.Indonesia's Commodity Futures Trading Regulator said the order was made since Nov. 14.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Google agreed to pay US$360 million to Activision to stop competition, Epic Games allegesOAKLAND, California: Alphabet's Google has struck deals with at least 24 big app developers to stop them from competing with its Play Store, including an agreement to pay Activision Blizzard Inc about US$360 million, according to a court filing on Thursday. The details emerged in a newly unredacted copy of
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »