One new connection on LinkedIn started with small talk and then talked about his investing success. If I create a forex.com account with $1000 in it and add him as manager, he guarantees profits of 10% each week.

Next, two people approached me on Telegram and after some small talk started pushing some MLM crypto mining/investing company called Octanechain.ltd. They also promise crazy profits. Interestingly, there's very little mention online of the company even though they say they have 40K investors.

I've been leading them on with questions for a while to see how they answer questions. Is anyone else being approached by these scammers?

That stuff isn’t in my circles, I would delete & be blocking all of it.

Anyone who guarantees you a certain amount of profit is running a scam, regardless of what he's selling, bitcoin or stocks or equities or whatever.

invested my $1 in Nigerian Bit Coin, said his uncle's cousin had a sister who's brother worked for a wealthy family sheik who would turn it into a million bucks..

Pump and dump is how 90% of those crypto investments work. The guy saying he needs to be added as a manager sounds like he’s working a pyramid scheme with the ability to run with your money.

And like Flash-LB said if anyone guarantees a certain profit it’s a guaranteed scam. No one knows what any market is going to do much less 10% PER WEEK. Come on.

That's funny because every beautiful young asian girl I match on a dating app immediate wants to go to WhatsApp (NOT used in east Asia but universal in India) and then talk to me about crypto investing.

Crypto is pure pyramid scam. Why there hasn't been a crackdown by the SEC yet I have no idea.

::: old thread notice : : :

An 85 y.o. elderly person was standing at the bit coin machine at the grocery store that I frequent.

He was on his cellphone receiving instructions.
What buttons to push when.

Then !
He pulls out two big bank envelopes packed full of $100.00 bills.

And starts feeding the machine.

: : : old thread alert : : :

When I left the Moline P.D. had just showed up.

24 hours later , I just found out that the p.d. came and
Stopped the transaction in time to stop the scammer.

He had put over
$15,000.00
In the machine.

Yep. That type of scam is so common that the Bitcoin ATMs even have warnings about it printed on them, and local LE agencies commonly add their own too.

Unfortunately, it's almost exclusively old folks who fall for it, often ignoring all these signs in the process.

Wait, it's not real? Uh oh ...

Now I am hearing that he made six small transactions.
So
The may have gone through.

Small , like $5,000.00