Watch Out For the Beautiful Lady Who’s Really a Crypto Scammer

Scammers are out there, and they want your money.

I have seen my fair share of cryptocurrency scammers. Most of them find you online and then invite you to join them on What’s App.

Initially, the person, usually a woman on the profile, will start off with small talk. Then they go right into some details and ask you about yourself.

If not, they’ll lead you to join them on What’s App. This is where they will pull out a stupid story and then get you into an OTC trading scam.

You may have seen these on other websites, Instagram has a lot of them with people flaunting money and exotic cars from Bitcoin trades they supposedly have done.

The main difference is the person is usually not in the picture but they’ll show an image of a Bitcoin trade or show off hundreds of dollars.

But on What’s App they have to use a few tricks to lure you in.

I just had to unfriend someone who connected with me last week.

This person was Emma Jones from South Carolina. Several writing friends I know are connected with her on LinkedIn. If you are one of them, unfriend her immediately.

My Spidey-sense started to tingle

If you have watched Spiderman before, anytime he sensed danger, he said his Spidey sense was tingling. That’s the feeling I had after a few messages with Emma.

First of all, the person was incredibly beautiful. That is the first warning sign.

There is nothing wrong with a beautiful woman contacting you, but they don’t talk business at first. They start off with small talk before they move in for what they really want.

Your money.

Second, this person said she was involved in cryptocurrencies which were nowhere on her profile. But since my profile says crypto a few times, she thought she had another sucker to take their money from.

But I knew better…

After we had some small talk in the chat, she said she was involved in cryptocurrencies. She added she was an OTC trader.

OTC is an over-the-counter trader which has become a term many crypto scammers use. It makes them sound important, but they don’t know much about trading.

So don’t let them fool you.

As soon as she said OTC, I unfriended her. I went back and took a closer look at her profile and noticed two words I was unfamiliar with.

Sulwhasoo was the first word.

The second word was Innisfree.

I looked up both words, and they are Korean cosmetics. So this person could be a Korean scammer trying to get you to send them money.

About two years ago, I was involved with another scammer about an oil company from Korea.

But in this most recent scam, this person’s English was very good. Maybe too good so they could be from the United States or another English-speaking country.

Then the person used “LOL” for laugh out loud in a message which is a common phrase in the U.S.

It’s likely Emma or this person will change their name and their photo. But the message will still be very similar.

Keep your eye out for this scam as well as others.

Stay safe in the online world of scams.

Have you ever been scammed online before?

Tom Handy is a top Crypto writer on Medium. He is open to partnerships and you can find him on Twitter @tomhandy1 and email [email protected].

This article is for informational purposes only. It should not be considered Financial or Legal Advice. Not all information will be accurate. Consult a financial professional before making any significant financial decisions.