The famous Irish entrepreneur Gavin Duffy has had his identity utilized into Bitcoin scams. A fraudulent firm claims to be a cryptocurrency trading platform has used Duffy’s picture and fake testimonials to promote Bitcoin Revolution without his permission.
The face of Irish Presidential candidate seems to suitably trustworthy to launch a fraudulent company with. The scam ad that used Duffy’s image claims that he offered to invest €30 million in the project and triggered a bidding war between the other Dragons, which actually never happened. For those who are unaware, Duffy has been a dragon on all the eight series of Raidió Teilifís Éireann (RTÉ) produced Irish television series, Dragons’ Den, which had its first episode aired on February 19, 2009.
While entangling the 58-year old former part owner of the HRM Group of Companies in the Bitcoin scams, the piece details of the Irish cryptocurrency start-up goes on to propagate that the firm has just “landed the biggest investment ever made in Dragon’s Den history.” The story in the article elucidates how two Dublin University students managed to appear on the popular RTÉ show. They reportedly pitched Bitcoin Revolution, an automated Bitcoin trading podium that allows the customers to make financial gains from arbitrage opportunities presented by the volatile markets. It has also linked to a Facebook page RTÉ 2, which has nothing to do with the broadcaster, as reported by The Irish Sun.
A spokesperson for Duffy recently said that they are already aware of the scams. Hence, they have requested the public to ignore the advertisement and report it to the relevant authorities. In the meantime, Facebook has received a request from RTÉ to check the scam post and remove it accordingly.
The Bitcoin revolution advertisement promises to multiply a small investment in just a few days, New BTC noted. If a customer invests a minimum amount of €220, he or she will get a return of almost €2,000 in just a week.
This isn’t the first time Duffy has been used in Bitcoin scams by any fraudulent cryptocurrency firm. He along with Eleanor McEnvoy and Eamonn Quinn were featured in an online advertisement for a digital currency trading site earlier this year.
The post Irish Fraudulent Cryptocurrency Firm Drags Presidential Candidate Gavin Duffy Into Bitcoin Scams appeared first on OWLT Market.
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