[hef19898]

I have hands on experience with, what I'd call at least attempted fraud, with crypto. Back when Sweden thought about state backed crypto, a lot of ads showed up where you could invest in that. I almost did, call centers used Austrian numbers. Not sure if there was even any coin behind that. I reported it to police, got a letter after a couple of months that the investigation led nowhere and was dropped, apparently Austrian authorities did find anything on the reported number.

A couple of hours online found

- the company behind that operated out of the UK - the call center was not in Austria but used local numbers for a while - company was known for that shady business but never even got a slap on the wrist

I decided to never count on authorities for that kind of fraud. Or report it, because that's just a waste of time, unless you lost a shitload of money.

[kfprt]

There's a lot of dumb fraud. Being international of course makes everything harder. Usually the amount of investigation is related to how many people were scammed. People need to learn how to do due diligence because the definition of fraud can get vague at times. I think your example is a good case of due diligence, it couldn't hurt to blog about their fraud though.

[hef19898]

People did write about it, that's how I found out so much so quickly. I didn't invest, but cake reasonably close. One could call it due diligence, but I can see how easy it is to fall for things like that. I got a lot more sceptical of these ads, even more so than before.