As in other previous cases, the man's investment was initially successful before plunging to zero.
As in other previous cases, the man’s investment was initially successful before plunging to zero.
by Mirror, Hoadley was looking to earn some extra money during the COVID-19 pandemic as his dad was dying from cancer, whereas his wife was living in a care home. At that point, he was contacted by a company that claimed to be comprised of investment specialists and advised him to distribute his savings into digital currencies.
“It was horrendous. My dad was dying of cancer, and I was living alone because my wife is in a care facility three hours away,” Hoadley said. Unlike other previous scams, which resulted in total losses for investors, the legal experts managed to return over $95,000 of the sum to the man. Hoadley said he used the money to buy a mobile home close to where his wife lives.The United Kingdom has recently turned into a hotbed for cryptocurrency scams, with some people losing significant amounts of funds.$200,000 after a woman portraying herself as a successful cryptocurrency investor with “inside knowledge” conned him.
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