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Having the energy to speak to you every day, let you know what's going on, especially when nothing really is going on. It's such an incredible amount of detail to go into. As it turned out, the Yeomans family were likely caught up in one of the oldest scams in the book: The Ponzi scheme. Instead of taking their money and growing it legitimately by trading Bitcoin, Coinexx.
Like many similar schemes, Coinexx. But the couple said, to them, it appeared as though an emerging business was simply trying to generate more customers. It started with a request for an additional withdrawal fee "to comply with regulations".
The couple, having already sunk their savings into the investment, took out a loan, believing they could pay it back instantly once the fee was paid. It was the first of several excuses provided by Coinexx. By the time they learned they had been sucked into a scam, the family had sold possessions, were behind on their rent and bills, and taken out short-term loans. They were notified of the scam after the couple sent an email, begging for their funds to be released.
One of the scammers deleted Coinexx branding from their profile after being contacted. Mr Yeomans said he and his wife had since taken moves to get back on their feet financially. News Home. Key points: ACCC says Australians are losing more money to cryptocurrency investment scams Canberra couple warns they were drawn into a sophisticated scheme over more than a year The couple were able to withdraw thousands of dollars, but lost tens of thousands more To the amateur investors, the cryptocurrency trader they had found, Coinexx.
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