One of the most popular recent schemes among illegal professional participants is arbitrage between different sites for one cryptocurrency, Valery Lyakh, director of the Central Bank’s department for combating unfair practices, said in an interview with bitcoinlinux.
“Scammers often take advantage of this, offering their clients a “cool” idea for making money: on one site, a well-known cryptocurrency, such as Bitcoin, is traded at one price, and on another, at a higher one. Bought low, sold high. To do this, you need to bring money to the site where the cost is lower, and then get it on the one where the price is higher. Only the first or second playground is usually drawn by scammers. First, they give a person one or two times to make a profit, he sees how great it is, gets carried away and already brings in serious amounts. After that, it remains without all the investments, ”he described the scheme.
He also said that the regulator began to identify sites of credit brokers that simultaneously offer services for obtaining loans from both legal and illegal lenders. Moreover, they promise that if legal companies refuse to borrow you, then illegal immigrants will give you money.
“That’s exactly what they write: individuals with a bad reputation are guaranteed to receive a loan without collateral. We are now also blocking such sites, ”the representative of the Central Bank specified.
The regulator also revealed a scheme with illegal pawnshops.
“In fact, they are engaged in pawnshop activities, but bypass the regulation by concluding a contract for the storage of things. A loan is issued through a security deposit under a property storage agreement, which guarantees its safety and return at the end of the storage period. And payment for services, ”said Lyakh.
He also reported on the transformation of debtors, which is gaining popularity in instant messengers. After scammers hack, for example, the Telegram channel of a popular author and use it for their own purposes, and then manage to return it to the owner, such a channel receives the scam label. But even after that, scammers continue to make money on this resource.
“They offer the affected subscribers of such a channel to return the money for a small commission. And they do it on behalf of the AntiSCAM channel. In fact, this is a rebirth of the debtor scheme in a new form of Internet fraud through Telegram channels,” Valery Lyakh explained.
Read more in the exclusive bitcoinlinux article:
“Their goal is to lead the borrower to default on the contract”
