$Lichen China (LICN.US)$ I learned about this stock in the L...
I learned about this stock in the LINE group of victims.
They gain trust and make victims buy stocks at high prices, while the scam group buys the same stocks at low prices and sells them at that price. After all members of the scam group sell off, the stock price crashes, probably through Short Sell. Then they contact you asking to show screenshots of the terrible situation after the crash. Those screenshots become achievements for individual members of the scam group, earning them some profit. Victims suffer huge losses.
Fraudulent groups are still using this method, although it has decreased recently.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
RubberDuckyJJ : Lately, there have been more cases of opening fictitious investment accounts and depositing money into bank accounts.
ドラえもんGT OP RubberDuckyJJ : What will happen if I make a deposit?
It seems like you can withdraw, probably a scam friend from a LINE group mentioned. Maybe if you deposit once, they will freeze the account so you cannot withdraw.
RubberDuckyJJ ドラえもんGT OP : I cannot make a withdrawal. Moreover, if I wanted to make a withdrawal, I would be told to make additional deposits under the pretext of handling fees and taxes. In recent reports of investment fraud incidents, it is usually this kind of scheme where they claim you have transferred millions. It seems easier than deceiving with stocks.
ドラえもんGT OP RubberDuckyJJ : I'm also involved in a fraud group's LINE group discussion, where I was prompted to deposit money into a foreign securities account from the app. I know it's 100% fraud, so I'm just talking about it for fun. Since there has been no contact for about two weeks now, the victims have probably been removed from the LINE group. Speaking in the group would expose the fraud. It's probably quicker than deceiving with stocks. But I wonder what kind of system it is? I don't understand why you can't withdraw from a foreign securities account.
ムーンフェイス : I am Takahashi, the assistant to Horiemon.
RubberDuckyJJ ドラえもんGT OP : It's a fake fictitious account, so withdrawals and such are impossible from the start. The masterminds can manipulate the balance at will. If you Deposit 1 million, it automatically trades to 5 million, and if you want to withdraw, you need to Deposit 1 million as a 20% tax. Despite Depositing a total of 2 million, if you were able to withdraw 5 million, you would have a net gain of 3 million, so there's no choice but to Deposit. Next, you'll need to Deposit 0.5 million for the withdrawal fee. However, the balance somehow reaches 7.5 million, so you think it's okay and make another Deposit... This way, you're gradually pushed to keep Depositing, leading to tens of millions in damages as seen in the News.
シゲピン ムーンフェイス : I blocked Takahashi.
makojirou ムーンフェイス : It's the same as me. It's Horiemon and Akiko Takahashi, right?
He mentioned guaranteeing 95%, asking for the bank account used for the securities account.
I wonder what he's planning to do next.
182742737 : Yesterday, I was kicked out of the group LINE chat with Horie Mon and Takahashi Akiko. I saw that two new people joined the group within my visible range. Are they the new victims...?