This Bitcoin Scam in South Africa is Raking in Over $130,000 Every Day

By CCN Markets: A cryptocurrency investment scheme in South Africa’s Kwa-Zulu Natal Province has proven that having an unoriginal name, Bitcoin Wallet, never stopped any scam from raking in tens of thousands of dollars daily from the masses. According to The Citizen, the cryptocurrency scam is operating from Kwa-Zulu Natal’s rural town of Ladysmith. The scam is estimated to be drawing in R2 million ($135,000) daily in a town of just over 60,000 people. The investment scheme owned and operated by Sphelele ‘Sgumza’ Mbatha is promising returns of 100 percent within 15 working days. Initially, the lowest investment amount allowed

The post This Bitcoin Scam in South Africa is Raking in Over $130,000 Every Day appeared first on CCN Markets

Source: https://www.ccn.com/crypto/bitcoin-scam-south-africa-raking-130000-daily/2019/06/15/

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