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True stories: All about Fraud and Fraudsters, Online Fraud Scams, and Homewreckers

HOMEWRECKERS WOMEN, HOMEWRECKERS MEN AND CHEATERS

Expose homewreckers women, homewreckers men and cheaters! Don’t let some hussy or gigolo get away with ruining your relationship. Instead, report a homewrecker to warn the public and prevent further infidelity. Read our latest Fraud Alert to learn about how to protect yourself from online scams.

"She is one of the typical homewrecker women, who are never satisfied and happy to earn things genuinely."

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Digital Currency Scam in China Involved 47,000 People

Digital Currency Scam in China Involved 47,000 People

On January 2017, Hainan City Police Department addressed the public on the issue of a huge scam purported by a company called ‘HaiNan KuaYaOu Private Limited.’

The company operated a web-based business dealing digital currency named ‘Asian-European Currency.’


Fraudulent digital currency - the ‘Asian-European Currency‘

Suspect, Xu, registered the company at Hainan City Commerce Department. In the registration, the company stated that its main business involves dealing virtual currency online.

Under the guise of a legally registered company, it conducted a get-rich-quick scheme operated in the form of a multilayer marketing program which promised investors high returns.

Victims were promised high returns in an inner-circle

The process of trading the fraudulent currency involved joining an ‘Inner Circle’ where new traders were introduced by ‘dealers.’

New trading members were required to purchase at least 10,000 RMB worth of the digital currency. Upon purchase, the amount was frozen for 250 days after which it can be traded and cashed at the ‘Outer Circle.’

The currency was set to increase its value every 10 days in the ‘Inner Circle.’ The ‘Outer Circle’ served as a platform for trading the currency, where its value was increased drastically to attract more traders.

In the inner circle of the multi-level marketing arrangement, the money that was used to purchase the fraudulent currency was transferred to the provincial ‘dealers’ accounts, which in turn was transferred to the personal accounts of the top leveled members of the company.

Company wooed people with seminars in high-end hotels

The company had organized many seminars and forums in luxurious hotels across China to convince the public to invest.

It falsely claimed that it belongs to the State-owned Assets Supervision and Administration Commission of the State Council (SASAC).

Besides, marketing was also done through Chinese social media. A strong purported background, high investment return and strong marketing strategy were the strong factors for the scam to be wildly successful.

Company owners arrested for MLM activity

On April 24, 2017, police have taken legal action against the representatives and CEO of the company, Xia JianRong and Liu Lang among others. They were facing the charge of leading an MLM business (MLM is illegal in China).

On May 12, 2017, arrests were made simultaneously at six provinces namely Hainan, Beijing, Jiangsu, Guangdong, Sichuan and Hubei. 53 bank accounts related to the case were frozen. As of Aug. 6, 2017, 37 suspects were arrested.

While the investigation is still on-going, it has revealed that from the 4.6 bln RMB involved in the scam, approximately one bln was disbursed as incentives, 2.7 bln was cashed by members, 0.3 bln is illegally possessed by Liu and Xia while 1.3 bln is frozen by the government.

The remaining amount is still being searched for.


 


 

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Blackmail Scams - Sextortion Scams

Blackmail Scams - Sextortion Scams

There are various types of these scams. I will explain a few.

Many Social Media Sites such as Skype, Kik, Facebook, Pof, Craigslist, okcupid. Badoo and Chatroulette are a home for Scammers and Thieves to use to scam by using threats of fear and/or criminal charges.

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SHE'S A HOMEWRECKER | HOMEWRECKER - MEN | HOMEWRECKER - WOMEN | FRAUD & FRAUDSTERS | ONLINE FRAUD SCAMS | SCAMS

Exposing homewreckers men and women and cheaters in the Internet Age
These days it's not difficult to spread information online. The rise of the internet as the go to source for on demand information has given the victims of cheaters and homewreckers a way to voice out and warn others of the unfaithful ways of their (former) partner. Dozens of websites, commonly referred to as Cheater Sites, now exist.
The purpose of these sites is to give victims of unfaithful partners and abusive relationships a place to post about the cheating ways of their partners and the person their partner is cheating with. Most cheater sites allow for the submission of anonymous posts that are not moderated or validated in anyway.
Fraudsters.onlines allows for anonymous users to submit unverified claims about their partner and the person (or homewrecker) they believe that their partner is cheating with. Today the site features thousands of user-submitted posts warning the public about homewrecker men, homewrecker women and cheaters (male and female).

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