Investors are presently counting their loss after a Bitcoin scam platform has allegedly absconded with their funds.
According to reports, the Bitcoin platform creator stopped responding this morning, which raised alarms about the platform. The report has also placed the number of affected investors at a figure of around 10,000. Going by previous records of the investments, the platform provided investors with the opportunity to invest in the platform with sums ranging from $100 to $300,000. To lure their unsuspecting investors on the platform, he promised to send a profit of 35% to their investors after just two weeks.
Scammer closes all his base of operations
In the report filed with authorities, the alleged brain behind the whole operation, Phineas Chakanyuka, had his operation stationed in Harare in Kenya and another one stationed in Chitungwiza in Zimbabwe. The report claims that a larger percentage of the defrauded investors were from these two cities. Trouble started for the victims after the brain behind the operations, Chakanyuka closed his base of operations without notifying his clients.
Furthermore, investors claimed that they had tried his mobile phones, which have been unreachable since his offices across the two countries were closed, leaving investors in dampened spirits. Some of the scam victims were reported to have undergone some drastic measures to invest in the platform and earn rewards in no time.
Also read:One such person is Peter Manyai, who put his house up for sale and invested in the platform with the hope to get juicy returns in the next two weeks. “I am terribly tired and stressed out. I put up my house for sale to be a benefactor in this business, and now we can’t find this guy and his numbers are unreachable. We are trying to organize a group of affected persons like me, and we will make a formal complaint at the police station,” Manyai said.
Investors have reached out to law enforcement authorities
According to reports, other affected investors have reached out to law enforcement to report the criminal mastermind. Another report has claimed that the mastermind of the operation, Chakanyuka, had informed the members of his various WhatsApp groups that he might be unreachable because he was fleeing from the police and the Reserve Bank of Zimbabwe.
In the message that he sent to the groups, Chakanyuka noted that the business was progressing well and completed their system upgrade. He also said that work was ongoing to resume business activities, and they are plans to resume operations between November 7-14. However, he noted that they still have modalities to undergo.
Finally, Chakanyuka said that they presently have some unresolved issues with the platforms brokers, the police, and the Reserve Bank of Zimbabwe. Crypto scammer has continued to capitalize on the ignorance of beginners in the crypto industry. Most of them tempt investors with mouth-watering returns under a short time frame. According to reports last week, Investors were scammed in a $3 million worth of crypto pyramid.
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