A fraudulent cryptocurrency funding company within the Backyard Route space has made off with a complete of round R5-million of residents’ hard-earned cash.
The scammers, working below the identify “Trinity Token Investments”, operated in Mossel Bay and Knysna, the place they’d workplaces.
The scammers would give elaborate shows on investing in cryptocurrencies to shoppers, get them to place down their “investments” after which disappear with out a hint. Their pop-up workplaces have been discovered to be abandoned when shoppers returned.
Two of the victims, Vuyolwethu Mfumbe and Samantha Keen from Mossel Bay spoke to SABC: “After I known as the consultants nobody answered. Their telephones have been on voice mail. Then I began to suppose there was one thing unusual. On day 2, I known as once more and it was nonetheless on voicemail. So, sadly, we received scammed. I noticed buddies of mine who invested they usually obtained cash and in a while, I mentioned it’s a legit firm so I additionally invested.”
IRS Forensic Investigations’ Chad Thomas mentioned they consider these scammers are part of a countrywide network.
“We now have info that this can be a nationwide syndicate that has been working in numerous small cities for quite a lot of years now,” Thomas advised the Mossel Bay Advertiser.
Thomas requested the general public to assist them discover the three fraudsters from the Backyard Route from these photos:
Assist us determine 3 folks pictured who truly opened two bodily “branches” of a bogus crypto forex buying and selling firm within the Western Cape often known as “Trinity Tokens”.
— IRS Forensic Investigations (@FraudWatchZA) January 15, 2021
Two instances opened alongside Backyard Route in Western Cape relating to “Trinity Tokens”.
Mossel Bay SAPS 91/1/2021
Knysna SAPS 243/1/2021
Victims misplaced hundreds of thousands of rands in crypto rip-off. Assist us determine the alleged mastermind within the image. Contact IRS WhatsApp 0794442666. https://t.co/zOisoVOuiI pic.twitter.com/x0rY6BCf8f
— IRS Forensic Investigations (@FraudWatchZA) January 17, 2021
Circumstances have been opened at SAPS. Anybody with info can contact the IRS on their WhatsApp line 0794442666.