Bitcoin

Cryptocurrency Scam Targets British Investors: Cancer Patient Shares Personal Losses

In a distressing turn of events, Tom Roberts, a 66-year-old British man, has fallen victim to an intricate cryptocurrency scheme, losing £10,000 of his hard-earned retirement money. Roberts, who is currently battling cancer, has come forward to raise awareness and caution others about the dangers of investing in what he describes as a “scam.”

According to Daily Record, Roberts is part of a group of approximately 30 individuals who claim to have been affected by an alleged fraudulent operation run by Safe Holdings, a registered company in the Caribbean. Safe Holdings purportedly utilizes cutting-edge trading software to analyze the cryptocurrency market and generate profitable investments.

Tom Roberts has lost almost £10,000 to a cryptocurrency scam. (Image: Daily Record)

Expressing his frustration, Roberts stated, “It is embarrassing – you don’t want to tell anyone because they will think you are an idiot, but this is all in hindsight. These people have to be stopped. I want to expose this company and make sure it doesn’t happen to anyone else.”

Former oil worker Tom Roberts asserts that he lost his retirement savings after investing with the company while undergoing chemotherapy for high-grade lymphoma. Over the span of four months in 2021 and 2022, he invested a total of £16,000 after being referred by a friend who was reportedly earning around £300 per week. However, Roberts claims to have lost £10,000 of his investment.

Throughout his dealings, Roberts primarily interacted with an individual named Chris O’Brien, believed to be the company’s operator, who communicated with clients via the WhatsApp messaging service.

The scheme operates primarily through word of mouth, with investors who have earned profits referring friends and family to set up accounts. Subsequently, the alleged scammer Chris O’Brien contacts them via WhatsApp to ask victims to set up an account with Starling Bank and transfer cash.

June G. Bauer

Pop cultureaholic, Technology expert, Web fanatic and a Social media geek. If you have any questions or comments please feel free to email her at june@thecoinspost.com or contact her on Twitter @JuneTBauer1

Recent Posts

Binance Delists Four Major Cryptocurrencies: What You Need to Know

Binance, the world's largest cryptocurrency exchange has announced its plans to delist and pause trading… Read More

8 months ago

LocalMonero Announces 6-Month Shutdown Plan

LocalMonero, the peer-to-peer exchange platform for the privacy-focused cryptocurrency Monero (XMR), will be shutting down… Read More

9 months ago

Telecom Giant Vodafone Bringing Crypto to the Masses Via SIM Cards

The major telecom company Vodafone has unveiled an ambitious plan to integrate cryptocurrency wallets directly… Read More

9 months ago

No Evidence of Hack, Says Bitfinex CTO Amid Ransomware Gang’s Allegations

In the world of cybersecurity, claims of data breaches can cause significant concern and speculation.… Read More

9 months ago

Indian Police Seize 268 Bitcoins Worth $17 Million in Crypto Bust

Indian authorities have seized large sum of bitcoins from a resident of Haldwani, a… Read More

9 months ago

Smart Contract Hacking Costs Ex-Engineer $12M and His Freedom

A former senior security engineer was sentenced to three years in prison for executing sophisticated… Read More

9 months ago