Watch out for “Amazon Bitcoin Prime” get-rich-quick scams
Be on the lookout for a new wave of working-from-home scams promoting a get-rich-quick scam operating under the pretence of a new crypto-currency tool from Amazon called Bitcoin Prime.
Scammers are always looking for ways to make a quick buck. One of those ways is to promote spammy, unregulated and risky Forex trading platforms which, almost inevitably, will result in people who don’t know what they’re doing losing lots of money.
Not the scammers care about that. They get a commission every time they refer customers willing to open up their wallet.
Of course, scammers tend not to promote spammy, unregulated and risky Forex trading platforms as spammy, unregulated and risky Forex trading platforms. We imagine that would result in some pretty poor conversion rates.
What scammers will do, however, is promote these Forex trading platforms as the latest, proven, guaranteed money making systems endorsed or created by some of the wealthiest people on the planet. Even though that’s the exact opposite to what they really are.
Enter Bitcoin Prime. If the fake media articles and the adverts on Facebook are to be believed (no, Facebook still isn’t removing these spammy adverts nearly quickly enough) Bitcoin Prime is the latest Amazon-endorsed, Jeff Bezos-endorsed crypto-currency technology that’s going to make you mega rich by trading in Amazon Coin. But hurry, places are limited.
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Crazy claims are plastered all over the marketing material. A $250 investment will yield a $5100 profit in just three months, the website claims.
Only none of it is real. Bitcoin Prime isn’t real. Amazon Coin isn’t even a crypto-currency. And none of this, from the adverts to the fake media articles, from the Bitcoin Prime website to the Forex trading sites they link to, have nothing, nothing, to do with Amazon. Or Mr. Bezos. Or Bitcoin!
It’s just the same old tired ruse to lure people to those spammy, unregulated and risky Forex trading platforms we spoke about. These schemes have previously spread under different names that we’ve discussed here before, like the Bitcoin Code or Bitcoin Loophole. The only difference here is the name and the desperate (but possibly quite effective) attempt at making this look like it’s associated with Amazon.
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So quickly, how does this scam actually work?
In our case, we saw an advert on Facebook promoting Bitcoin Prime claiming it’s going to make us rich. (You may hear from it elsewhere.) That spammy advert led to this fake Forbes website (Forbes web address isn’t cryokrypt.com, funnily enough.)
That fake Forbes website contained this fake endorsement. We’re not sure who Sir Richard Bronson is, but he looks awfully like Sir Richard Branson.
That same webpage linked to this scam website using all the tricks in the scammer’s handbook. Fake testimonials, stock images of models representing the creator and customers, outlandish claims, Jeff Bezos’ face plastered everywhere, a limited time pressure counter and lots and lots and LOTS of lies.
In turn, that website then shoved us off to the below website. The end game.
Yes, that’s the spammy, unregulated and risky Forex trading platform. In this case it’s called quantums-trades.com, a website registered about 4 months ago, with no feedback available about it and the only associated address reveals that it is operated from Iceland and apparently shares a building with a small company selling car parts. If the address is even real, of course.
Somehow, we’re not so willing to part ways with that mandatory $250 deposit required to begin trading anymore.
And neither should you.
There are ways of making money online. But they’re not shortcuts, neither are they easy. We talk more on the subject here. In the meantime, if you see some get-rich-quick system like this, run in the other direction very quickly.
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Thanks for reading! But before you go… as part of our latest series of articles on how to earn a little extra cash using the Internet (without getting scammed) we have been looking into how you can earn gift vouchers (like Amazon vouchers) using reward-per-action websites such as SwagBucks. If you are interested we even have our own sign-up code to get you started. Want to learn more? We discuss it here. (Or you can just sign-up here and use code Nonsense70SB when registering.)
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