Are you a victim of a Crypto Fraud? Have you lost your life savings? Don’t worry, help is on the way!! Here is a message to Victims of crypto fraud.
Attorney Jay Arnesen, CEO and Managing Partner of Elevate Legal Services, PLLC leads a powerful team of lawyers and highly skilled computer and cyber investigators who are standing by ready, willing, and able to help you. Jay Arnesen is the nationwide leader in crypto fraud asset recovery and he fearlessly exposes bad actors, criminal enterprises, and fraudulent cryptocurrency investment platforms worldwide.
A Message To Victims Of Crypto Fraud From Attorney Jay Arnesen
When your money has been lost, stolen, or frozen, time is of the essence because bad actors are transferring your money as quickly as possible via blockchain to cold wallets all over the world. Their intent is to make it impossible for you to recover your crypto assets. If this is happening to you, let the power of attorney Jay Arnesen’s law firm fight for you. His cyber fraud recovery team uses cutting-edge cyber investigation techniques to find and recover your stolen crypto assets and expose the criminal actors behind these scams. Mr. Arnesen is the industry leader in cybercrime and has built an entire war room of lawyers and tech-savvy individuals ready to help you.
Cryptocurrency fraud is the largest growing fraud in the United States and throughout the world. A recent government report estimated that 5.5 billion dollars of fraud occurred last year alone. The scams are endless and our law firm is inundated with calls from victims seeking help every day. Unfortunately, many fraud victims have been duped and swindled out of their life savings by the time they realize the fraud.
Mr. Arnesen has interviewed hundreds of crypto victims and although the scams are complex, they are also eerily similar. Victims are usually lured into the fraud by social media feeds, co-workers, text messages, and invites to encrypted messaging platforms. It’s common for men to be contacted by women whom they’ve never met before through a friend request, message or text. The women strike up flirtatious conversations to gain the victim’s trust. During the process, the victim is invited to join an investment group on an encrypted messaging platform like WhatsApp or Telegram. Unbeknownst to the victim, every person in the WhatsApp group is part of the scam. It’s also common for elderly senior citizens and female victims to be lured into the scam with promises of great financial gain for a small initial investment. They are also contacted and lured into the scam through various messages, texts, or social media feeds from people they’ve never met before.
The bad actors who make up the WhatsApp or Telegram investment group entice victims to invest in the fraud by talking about how much money they are making through various cryptocurrency investments. This is all in an attempt to coax and persuade the victim to invest in the scheme. Once trust is gained, the victim is instructed to open an account on Coinbase and convert their US currency to USDT, Ethereum, or some other form of cryptocurrency. The victim is also directed to open an account on a website or phone app. The websites and phone apps appear legitimate, however, a closer look at the URL address usually shows that the website is not what the victim thought it was. For example, the victim may have thought they were investing on coinbase.com but in fact were investing on coinbase.cc.
Once the victim opens an account on the fictitious investment platform and converts their US currency into cryptocurrency through a coinbase-type platform, they are instructed to transfer the money to a crypto wallet which then appears to populate their account on the fake investment platform. At this point, the victim’s money has already been stolen, but they don’t know it yet. The victim’s fictitious account shows a positive balance for them to start investing. The victim is then instructed on how to invest and they watch their money skyrocket in a matter of days. It is common for investors to triple or 10x their initial investment within weeks. Victims are enticed to invest more money quickly or to become VIP investors. The money appears to be so good that victims keep investing, often maxing out credit cards, borrowing money or taking second mortgages on their homes. It’s usually at this point after the victim thinks they’ve made a ton of money that they try to withdraw some money out of their account.
This is where another costly phase of the fraud occurs. After seeing so much profit, some red flags and alarm bells start ringing and victims want to see if they can withdraw some of their funds. They want to see if the investment is too good to be true. When the victim attempts to withdraw money, they are met with a host of resistance, all requiring lots more money. Common responses we see when victims try to withdraw funds require them to pay taxes on the profits of the entire amount in the account or pay a percentage of the profits on the entire amount in the account as a fee to the bad actors. Victims are sometimes told that they have violated the terms and conditions of the investment platform’s agreement and must pay money to bring their accounts current. However, because the victim’s profits appear to be so great, we often see victims pay the amount demanded by the bad actors to release their funds. Painfully, once this round of money is paid, victims are met with more resistance, and their funds are still not released. The bad actors keep coming up with more and more reasons why the money hasn’t been released, all the while demanding more money from the victims. At this point, victims come to the hard realization that they’ve been the victim of crypto fraud and come to us for help.
Unfortunately, we often see victims lose hundreds of thousands of dollars in these schemes. They’ve mortgaged their homes, maxed out home equity lines of credit, maxed their credit cards, borrowed money from friends and family, taken hard money loans, and are left desolate and desperate. Financial crimes such as these wreck marriages, ruin relationships with family and friends, and leave victims penniless and morally bankrupt. Contact Elevate Legal Services, PLLC today for more information.
If any of this sounds familiar, rest assured that you have a strong ally ready, willing, and able to help you immediately. Even though bad actors may have stolen your money today, there still is hope. Attorney Jay Arnesen, CEO and Managing Partner of Elevate Legal Services, PLLC has developed an investigation technique to assist you and law enforcement track down and recovering your money quickly. Our team of lawyers and cyber fraud investigators combine old-fashioned hard work and cutting-edge technology to uncover every person, transaction, and business associated with the fraud. Bad actors move quickly to strip crypto wallets of ill-gotten gains so time is of the essence.
Our services also go much further and are more complex than the snippet of information we’ve provided you in this message. Our law firm has built strong relationships with other law firms throughout the country, nationally recognized accounting firms, internet experts, identity theft companies, and more. At Elevate Legal Services, PLLC, attorney Jay Arnesen’s mission is to recover stolen crypto funds and to put victims of crypto fraud in a position that is far greater than they could have ever accomplished by themselves. Your road to recovery starts here!! Please contact us at [email protected] or call us at 561-770-3335 to get the help you need.
