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Daily mirror dragons den bitcoinDragons‘ Den and Bitcoin trading systems – never happened! (the truth)
There are a few slight changes in the bogus story. They are entirely false. The website carrying the Bitcoin Trader rot is daily-news-live. Their picture, above, has been lifted from its equivalent in the US, Shark Tank, and the two contestants have nothing to do with any crypto-currency. Called Steven Bofill and Brian Shimmerlik, they successfully pitched an idea for digital vending machine business Vengo.
According to Bitcoin Loophole and Bitcoin Code, their software is the creation of Steve McKay, but his picture is taken from stock photo site Shutterstock. We removed these fake Daily Mirror Facebook pages in February for violating our policies and have also removed the post brought to our attention by the Mirror for the same reason.
It will be prevented from being posted on the platform again. I've told Facebook that. Any ad with my picture or name in is without my permission. Many have been left up for days or weeks.
It's time Facebook was made to take responsibility. It claims to be a platform not a publisher - yet it is being paid to publish, and promote what are often fraudulent enterprises. By Andrew Penman. Our lawyers have notified Action Fraud of the fake websites. Follow DailyMirror. Single mum Bitcoin Copyright Scams. News all Most Read Most Recent. Girl, 7, asks for duck birthday cake and mum's hilarious attempt goes viral Funny ha ha viral A mum has pleaded with people "not to laugh" at her attempt to recreate a duck cake her daughter picked out of a cookbook to celebrate her seventh birthday.
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Most Read Most Recent. It describes how Meaden and her fellow dragons were impressed with a bitcoin investment scheme on an episode of the show. At the bottom of the page is a web form where you can express interest in joining the investment scheme. Heeding the warnings that the scheme will soon close to new investors, you submit your name, email address and phone number. Over the coming weeks the value of your bitcoin holdings appears to increase, and your investment manager calls you frequently, encouraging you to buy more.
Reassured, you carry on investing. There were 1, cases of cryptocurrency investment frauds reported in the first six months of alone. In the same period, there were reports of investment fraud where celebrity endorsement was specifically cited by the victim as an enabler of the scam. Bitcoin is a cryptocurrency — a form of digital money which can be bought with other currencies, traded for them and where retailers accept it used to buy goods and services.
Cryptocurrencies such as bitcoin run on a technology called blockchain — essentially a huge online database of transactions. Bitcoin is far from the only cryptocurrency to be targeted by scammers. Unlike bitcoin, which has achieved some respectability and is accepted by some retailers, there is no guarantee that investors will be able to spend these newly established cryptocurrencies anywhere. All the traditional investment advice applies.