Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Bitcoin Bull Market Bubble MANIA Rug Pulls 2024! - 19th May 24
Important Economic And Geopolitical Questions And Their Answers! - 19th May 24
Pakistan UN Ambassador Grows Some Balls Accuses Israel of Being Like Nazi Germany - 19th May 24
Could We See $27,000 Gold? - 19th May 24
Gold Mining Stocks Fundamentals - 19th May 24
The Gold and Silver Ship Will Set Sail! - 19th May 24
Micro Strategy Bubble Mania - 10th May 24
Biden's Bureau of Labor Statistics is Cooking Jobs Reports - 10th May 24
Bitcoin Price Swings Analysis - 9th May 24
Could Chinese Gold Be the Straw That Breaks the Dollar's Back? - 9th May 24
The Federal Reserve Is Broke! - 9th May 24
The Elliott Wave Crash Course - 9th May 24
Psychologically Prepared for Bitcoin Bull Market Bubble MANIA Rug Pull Corrections 2024 - 8th May 24
Why You Should Pay Attention to This Time-Tested Stock Market Indicator Now - 8th May 24
Copper: The India Factor - 8th May 24
Gold 2008 and 2022 All Over Again? Stocks, USDX - 8th May 24
Holocaust Survivor States Israel is Like Nazi Germany, The Fourth Reich - 8th May 24
Fourth Reich Invades Rafah Concentration Camp To Kill Palestinian Children - 8th May 24
THE GLOBAL WARMING CLIMATE CHANGE MEGA-TREND IS THE INFLATION MEGA-TREND! - 3rd May 24
Banxe Reviews: Revolutionising Financial Transactions with Innovative Solutions - 3rd May 24
MRNA - The beginning of the end of cancer? - 3rd May 24
The Future of Gaming: What's Coming Next? - 3rd May 24
What is A Split Capital Investment Trust? - 3rd May 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Bitcoin Trader SCAM WARNING - Peter Jones, Dragons Den Fake Facebook Ads

Personal_Finance / Scams Sep 22, 2018 - 03:35 PM GMT

By: Nadeem_Walayat

Personal_Finance

Earlier today whilst posting my most recent gold video on the Market Oracle's facebook group page, I immediately noticed a side link featuring an image of Peter Jones accompanied with the worrying message -

"Peter Jones In Deep Trouble"
http://businessinfodaily.com
The Family Of Peter Jones Are Shocked After Recent Bombshell Report."


In the UK virtually everyone whose even remotely interested in business knows who Peter Jones is because of his Dragon Den's fame. And I, like most like the guy! So unlike 99% of the ads that I just tend to ignore I clicked through to see why Peter Jones was in "deep trouble".

The ad clicked through to https://insidebusinessdaily.com, which is not the same domain as was listed under the facebook ad. The page presented was highly convincing, full of dozens of stills from the Dragons Den TV show which captured my attention.

I basically skimmed through the text until I got to "After her initial deposit of £250 was made, the trading platform went to work buying low and selling high. Within 3 minutes, she had successfully increased her initial funds to £323.18. That's a £73.18 profit."

Instantly I realised it was a SCAM! I know markets and this is just not possible for someone to open an trading account and for the trading system to then make instant profits of 30% within 3 minutes of its first trades!

SCAM ! SCAM ! SCAM ! SCAM ! SCAM!

In reality the result would likely be the OPPOSITE, i.e. an instant 30% LOSS for Anyone foolish enough to get sucked into this SCAM!

But what the hell was Peter Jones doing linking his good name to this SCAM! We'll he HAD NOT! As a quick search revealed that this is just the latest posting of very similar bitcoin trading scam fake ads onto the unsuspecting public that featured Peter Jones and other Dragons images probably illegally. So it was FACEBOOK FAKE AD.


There are two culprits at work here -

1. The scammers for their scam attempting to suck in gullible investors who will likely INSTANTLY LOST ALL OF THEIR MONEY!

2. FACEBOOK for perpetuating the scam. For I would never have come across this scam were it not for the fake Peter Jones ad right at the top of my facebook feed.

So once more this is FAKE Peter Jones Bitcoin Trading SCAM Ad that has NOTHING to do with Peter Jones! And I hope Peter Jones sues facebook!

There is a need for the Governments of the world need to REGULATE FACEBOOK ADs, because this is totally unacceptable behaviour!

FACEBOOK PROMOTING BITCOIN TRADING SCAMS IS TOTALLY UNACCEPTABLE!

So Facebook users always BEWARE! NEVER CLICK ON A FACEBOOK AD BECAUSE IT WILL LIKELY BE A SCAM!

As for the prospects for the Bitcoin price then see my last video in a series which warned of a collapse in the Bitcoin price.

Bitcoin Price Trend Forecast, PayPal FUD Fake Cryptocurrency Warning

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2018 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in