@Carewind 25 February 2022 more from that month

FOMO: When Scammer's Use Crypto To Lure The Unknowledgeable `February 25, 2022 - Friday, 11:58 PM` In our current society, once there's a trend everyone follows. This practice push some people to their limits and others even went overboard especially when we talk about money earnings. When their is money on the table, of course people will gamble and rush to get some of it.

This article is all about my boardmate's crypto scamming scheme victimization and without further ado, lemme share this fresh and current happenings of my boardmate's experience and situation now. I have a boardmate who works as a store manager and earning 30,000 per month. He manages a poultry and livestock supply store. His duties and responsibilities as a store manager is just too light compared to other works, adding to it the quarterly bonus and incentives with a monthly 1 sack rice allowance. Having all this benefits and above minimum wages, he still wants to earn more for his dream of owning their own house for his small family. He is married with one and only son. With the dream and drive to have a place which can he proudly called a home, he seeks for extra income and side hustles. He then work as a car dealer, a land property broker and raising having his own little poultry. But the last own he indulged his self was the start of his immediate fall and breakdown. With all the experience he have, he learned to trust people and this trait leads him to his most dark days in life. As a member of a group chat on a social media platform with other co-brokers and co-dealers, he was invited by a member also to invest in cryptocurrency and it was bitcoin particularly. Because he's in a group chat of good marketers and master in sales talk, he was easy to say to this certain user. **FOMO** (**Fear of Missing Out**) **Time** The scam scheme started with a simple luring him to invest in crypto trading with a minimum investment of fifty thousand pesos (50,000.oo). He was promise that this amount will automatically earn an additional ten thousand pesos (10,000.00) in one day only. He was then get **FOMO'D** and as a business minded person, he never notices any red flags on the one he's dealing with. Adding to it, he never know and see this person personally, but because the offer is so tempting, he never hesitates to send the money. Because the scheme is all about crypto trading investment. The scammer wants the initial deposit to be in bitcoin, so the victim having a little knowledge about crypto makes his own wallet and send the amount to a Bitcoin Wallet Address immediately.

On the next day, his total earnings and deposited amount was immediately sent back to him. He was very happy during that day and think of it as a very easy way of gaining extra so he decides to add more to his investments. He then decides to doubled his investment from fifty thousand pesos 50K to one hundred 100k. He was quick to send the amount again via crypto chill'hustler's. After sending the money in bitcoin, he caught himself being bothered. Another day passed by and its time again for his cashout but the scammer told him that there's just a small delay of payment and in order to get process the cashout, he needs to send five thousand pesos. After sending the money he already notices some red flags in this transaction but it was already late, the scamming continues for a month which leads my boardmate lossing a total of two hundred eighteen thousand pesos only (218,000.00) which is already a huge amount here in the Philippines. Now the question is, where did he gets the money he invested? This is where the whole dilemma brakes and his works were noticed by their backup cashier that reported it also directly to the owners auditor. Upon checking the evidences, there they saw the total amount he which is missing already ballooned to 118K adding to it is another 100k he loaned from the company he was working with. He manage to steal money from the company everytime he do the bank deposits everyday. But then again, there is no fire and smoke that can be grasp by our own hands. The Consequences of His Actions When he was called to their main office to explained his part, he admits all of the missing money wad used by him. He bigs not to be prisoned but promise to pay the amount in due time chill'hustler's and the effects of it is devastating to him emotionally and mentally. Good thing the company was pity him and grant his request of not to be prisoned. But he already attempted twice in plans of ending his life. Good thing god never let it happen. Author's Thoughts As I always says in my articles, before we indulge in something, we must have a good background study of the said matter and how it runs and the thing of its nature. Being a risk taker is good but not for those who are lazy to educate themselves on what they've entered their life with. I hope this article could help others to identify red flags in almost all scamming scheme chill'hustler's. Always believe in the saying that there is no easy way to earn money and lastly, the most important thing of all, don't get FOMO'D especially when it comes to money matters and only invest the amount in which we can easily accept the result of our investments. Hello there Chill'hustlers!! 🙋🏽‍♂️ That's it for today and as always, I'm glad you reach the end again, thank y'all for always sharing your day with me, see you on the next one Chill'hustler's. Have a chill vibe love month and stay hopeful cause better days are comin', Good vibes always, Jah bless and PEACE ✌️!!! 🙏🙇 Adieux..!!! ------------------------------------------ Title : FOMO: When Scammer's Use Crypto To Lure The Unknowledgeable Author : @Carewind - 67th Article February 25, 2022 - Friday, 11:58 PM My Previous Articles https://read.cash/@Carewind/a-valentine-story-did-your-plan-worked-on-valentines-day-cdfc85ac#my-previous-articles Carewind's SmartBCH Portfolio I: Current Impermanent Losses On A Beari... https://read.cash/@Carewind/carewinds-smartbch-portfolio-ii-the-almost-burnt-hodling-edition-f92bc566#bad-link Carewind's SmartBCH Portfolio II: The Almost Burnt HODLING Edition https://read.cash/@Carewind/mamba-mentality-what-it-takes-to-be-like-kobe-bryant-1e831f81#bad-link Mamba Mentality: What It Takes To Be Like Kobe Bryant