bewareofscammers

My brothers and sisters, have you ever seen posts claiming things like, "I made or earned $500–$1000 USD with only a $10 investment or even with no capital at all"? Believe me, that is a lie. Why? Because I have never seen a beginner make that much money without making significant sacrifices. Even if it were true, you would most likely be scammed with promises of referral code tricks. And that's not all — there are many more schemes these scammers use, even going as far as outright fraud.
Be smart. Don’t take posts like these at face value. Think critically and stay alert. Do not trust anything related to such claims; instead, trust the knowledge you have gained.
Nothing is easy, instant, or guarantees immediate success. You will face many obstacles, risks, and even have to make great sacrifices in the world of crypto. But always remember: "Failure is the beginning of any endeavor."
Thank you. Stay cautious.
#BewareOfScamsOnBinanceSquare #BewareOfScammers

CALGARY – March 7, 2025 – As part of Fraud Prevention Month, the Alberta Securities Commission (ASC) is warning the public about the prevalence of crypto investment scams, including a recently reported social media and internet-promoted crypto investment scam called CanCap.
The suspected scam falsely references various endorsements, including a connection to the Government of Alberta and an ad featuring a fake CBC news article with an image of Prime Minister Justin Trudeau. The fake article notes that the Prime Minister is purportedly responding to U.S. tariffs by endorsing an investment program involving digital currencies. Upon further investigation, the CanCap scam is associated to several websites, including ecosmartfunds.com, heepstekk.com, primeinvests.eu, muxcap.io, webtrader.springhill.top and traderboltai.com. Neither CanCap nor any person or company associated with these websites are registered to facilitate the buying or selling of investments, or to provide advice in relation to investments, in Canada.The ASC advises that the scam should not be confused with CanCap Group, a privately-owned Canadian financial services company.
Fraudsters continue to use sophisticated techniques to deceive investors, often impersonating legitimate companies, leveraging current events, and fabricating endorsements from well-known individuals to create a false sense of credibility and legitimacy.
Warning signs of fraudulent crypto investment schemes include:Use of recognizable company names: Scammers exploit the names of legitimate institutions or firms to mislead investors into believing the opportunity is credible.
False endorsements from public figures: Fraudulent schemes often feature images of celebrities, government officials, or business leaders who have no actual connection to the investment.
Fake news articles: Scammers create fabricated media stories featuring well-known journalists or media personalities to give their schemes the appearance of legitimacy.
Exploitation of current events: Fraudsters capitalize on real-world economic and political developments to make their scams seem timely and relevant.
Unrealistic promises of high returns: Crypto scams frequently claim that investors can achieve significant profits with minimal risk. Many also use complex financial jargon, such as “AI-powered trading” or “algorithmic trading strategies” to appear sophisticated.#BewareOfScammers