Usually I don’t like to talk about things here because it’s completely ineffective. But this issue affects both you and me, so I want to say a few words about it.
The bottom line is that there are shadowy (nicely speaking) groups that show themselves as me and the Trade Heroes. These groups promise to manage money and provide great income rates.
Then, of course, when people give money to these groups, the money “magically” disappears.
So I’m moving on to the records to say I can’t manage money, I’ve never managed money, and I can never do that. I am very happy to trade with my own funds.
If someone introduces themselves to me or Trading Heroes and tells them we can manage your money successfully, then run away … away !!
In this post, I will learn how scammers usually work (as best as possible) and how to prevent this scam.
First, here is my official statement in this video:
Why are they targeting me?
Unfortunately, such scams happen to anyone with a mass brand.
Some people are too lazy to create their own products or brands, so they have to take advantage of the hard work of others.
It happens.
Let’s learn how to protect yourself from this and other similar scams.
How does fraud work?
The usual way these things work is that they randomly contact you on a platform like Telegram or send you spam via email. They pretend to be me and invite you to a personal “Trade Heroes” or “Hugh Kimura” Telegram chat, where they force you to invest your money with them.
If they succeed on the trading platform, you send them money, usually via Bitcoin or another method that cannot be tracked or refunded.
Once the money is in their account, they will follow you for weeks with fake reports of wins and losses.
All I can say is that they basically use three methods to save your money:
- They will tell you that there was a mistake in the trade and that you lost all your money.
- They will simply stop answering you.
- They will pay you a small amount of money to please you for a short period of time (paid by investors after you) and keep you for as long as possible.
Maybe there are differences I don’t know about, but you get the point.
What can I do about it?
Many platforms, such as Twitter or YouTube, allow me to simply fill out a form to verify my identity, and the platform removes the scammer’s account or content.
I did this with Adrian Shiroma’s fraud, when they tried to post false information about me that day.
If they post anything on the platforms that allows them to be deleted, I will do everything I can to close their accounts.
However, Telegram is a bit different and that’s why these scammers are using Telegram. The difference is that Telegram does not censor any personal conversations. So even if I complain to the Telegram, they don’t do anything about it.
It’s a good policy in terms of freedom of speech … but it’s not good if someone is using commercial fraud.
Therefore, since these policies and these groups are private (I can’t find them through a simple search), it is almost impossible to determine if these groups are working.
So I am writing this post and I am recording that video.
The best thing I can do is openly state my position on money management so people can do their research and find my content.
What can you do about it?
If you’re thinking of investing in someone, test your commitment and find out if you’re really dealing with a legitimate money manager or a fraudster in general.
So here are some tips on how to do it …
First, at least find information and references about whether someone has worked with a potential money manager and what their results have been. Is it easy to work with a money manager and is the investor able to withdraw money?
Then, email the money manager directly and make a video call with them. Many scammers work behind faceless Telegram chats, fake Gmail accounts or Twitter profiles. If you can actually see their face and receive emails from a domain you know is trustworthy, then this is the first step to verifying their identity.
Finally, find an alternative way to contact the money manager. There may be people who present themselves on one platform (like Telegram), but you connect with them on another platform (e.g. Twitter) and this can be a platform used by a real money manager.
The phone number would be ideal.
Final thoughts
I always do my best to prevent the spread of this type of fraud. But I have my own business and trade, so I can’t work it full day.
So when you want to deal with a money manager, you have to do your homework yourself. If you do a minimal amount of research, most scams will show up very quickly.
But, as I always say, your best bet is always to learn how to trade with your own money. When you trust others, they may not live up to your expectations or may one day be lost.
Then you go back to the square again.
Work on improving yourself and take control of your future!
This is true freedom.
