RATE Group | Cryptocurrency scammers carefully built up their target’s trust, then they fleeced him m…
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Cryptocurrency scammers carefully built up their target’s trust, then they fleeced him m…

Cryptocurrency scammers carefully built up their target’s trust, then they fleeced him m…

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Baffling seems to be the best way to describe the online account of an investor who lost his entire life savings on a ­cryptocurrency website.

The 78-year-old retired ­trawlerman, who I’ll call just by his first name John, began by putting £250 into Cryptomusu.com.

It claimed to offer a secure platform and expert help in trading virtual currencies incuding Bitcoin, Ethereum, Ripple, Dash and others, promising “highest yields in the market”.

John describes his account manager Daniel Cohen – at a wild guess a made-up name – as very friendly, saying: “We used to discuss ­families and Liverpool and our likes and dislikes”.

Having wormed his way into John’s confidence, the account manager persuaded him to invest more and more, saying he should borrow from friends or family, or put the money on his credit card.

His investment became £2,500, then he put in another £14,000 and £5,000 shortly afterwards.

John says he could not make head nor tail of the website but…

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