top of page
Search

4th July 2023 > > Feral fiat scammers.


tl;dr

The centralised fiat world retains hegemony in the race for domination of feral scamming.


Market Snap








Market Wrap

Overnight we saw a 12-month high for BTC driven by the excitement around Blackrock’s filing for a spot BTC ETF. We are months away from a decision on that specific application but the one from ARK Invest, now incorporating the Blackrock clause, is potentially just weeks away.


You will recall that last June was a dire month for crypto markets with BTC breaching $20k to the downside triggering the first wave of capitulation from weak hands, setting the stage for this year’s rally. To add further fuel to the fire, leveraged short stop-losses start in earnest at $32k, now within touching distance. This could be a volatile week.


Curious Cryptos’ Commentary – Fiat scams

Like many of you I have received loads of those HMRC scam calls threatening me with immediate arrest unless I make a payment over the phone. I usually have a lot of fun with these. It takes a while for a dim-witted scammer to figure out that he is the one being scammed out of his time for my entertainment.


I had a new one yesterday, and at first it was convincing.


“Andrew Simmonds” claimed to be from my bank’s fraud team. He told me that someone had tried to put through £14,000 on my debit card to bookers.com and £4,000 to eBay. I told him to cancel those payments which he said he would willingly do.


Then he said there was another one for £2,885 to Selfridges. Again I said that wasn’t me.

He told me to open my banking app in which a payment of that amount to Selfridges was asking to be approved.


On querying this strange and odd state of affairs, I was told that to receive the refund for a payment I had not made the first step would be to make that payment.


Yeah, right.


I asked what number he was calling from. “It’s on the back of your debit card”. Which it isn’t.


I accused him, with total justification allied with a healthy dose of Olympic quality self-restraint, of being a “feral ******* scammer”. I was going to add that I hope he dies a very slow and exceedingly painful death, and that his loved ones are so utterly ashamed of him that they skip his funeral to do something more productive instead, but I didn’t get the chance to speak over his protestations of innocence.


Eventually, after he realised that I was not going to approve the payment, he told me to “go **** yourself” and hung up.


Always, always, hang up and call your bank back if someone claims to be from the fraud team.

9 views0 comments

Recent Posts

See All

20th July 2024 > > IT issues & US politics.

tl;dr Cryptos prove their resilience as TradFi struggles with some IT issues. US politics again, and not for the last time. Market Snap Market Wrap Despite shorts being liquidated in size, they keep c

18th July 2024 > > Pension Funds.

tl;dr A quick revisit of Wallet Guard. The pension fund tsunami can be spied on the horizon. Fraudster Dr Craig S. Wright finally tells the world the truth for a change. Market Snap Market Wrap Early

Comments


bottom of page