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Browse: Home / 2023 / January / 06 / CoinDeal’s Bentleys Weren’t Real – Bloomberg

CoinDeal’s Bentleys Weren’t Real – Bloomberg

By Securities Docket on January 6, 2023, 9:12 am

At the highest tier, a $100,000 investment, that’s a 56 million percent promised return, not even counting the Bentley, which I guess more than doubles your money right there. Also, I mean, imagine a world in which you put $25,000 into some investment and got back ELEVEN POINT TWO FIVE BILLION DOLLARS and they also gave you a “$35k car allowance!” and you were excited for the car allowance? Like, you check your bank balance, and it says $11,250,000,000, and then you go to the Subaru dealership and pick out a nice Forester in the top trim package and the salesperson is like “that one is $36,495, let me tell you about our financing options” and you are like “actually I have a voucher?” ELEVEN BILLION DOLLARS PLUS A CAR ALLOWANCE! Come on. This is so, so stupid. Nobody could have fallen for this, except that people allegedly did, to the tune of $45 million, and those are the people you want when you’re running a scam. CoinDeal’s email list is worth a fortune.

Source: CoinDeal’s Bentleys Weren’t Real – Bloomberg

Posted in SEC, Top | Tagged Fraud

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