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Davide
@0xdavide
📈👤📉Today I will talk about a scam known as "Baltimore Stockbroker", a technique used by scammers who send trading signals but also sports predictions. This technique is very interesting and is almost infallible if you don't know it. The scam is based on selling trading signals or predictions of sports events but strangely they are correct. No photomontage, these scammers will really seem like fortune tellers. Here's how it works: 1) Scammers identify a real crypto/token/stock (let's assume it is Doge Inu but it works with any crypto/token/stock). 2) They contact random people privately on Telegram or on a social network (let's assume that the target is 20 users). 3) They present themselves as trading experts, however to gain trust they will provide several free signals. 4) Of these 20 users (target): they provide 10 users with the "Doge Inu LONG" signal and the other 10 users with "Doge Inu SHORT".
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Davide pfp
Davide
@0xdavide
5) As you can easily understand, 10 users will make money. 6) To these 10, they will provide another free signal with another token: 5 LONG and 5 SHORT. Even in this case, 5 users will still make money. 7) Once they have gained the trust of these 5 (2 out of 2 predictions correct), they will propose the next signal in exchange for a lot of money. 8) Users, having made money the first 2 times with free signals, will have no problem paying. The repeated selection of correct predictions by the scammer creates credibility and trust. The victims, believing they have found an expert, are more inclined to pay for further advice, ending up being scammed. This scam is also widely used with sports predictions (1X2, Over/Under, Goal/NoGoal, etc). It is not necessary for the scammer to contact you randomly in private chat (TG), there are also public channels, websites or signals/predictions sent by email.
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