A large number of newbie crypto investors in South Africa complained that a single scammer who asked them to buy Bostwana pula to be Bitcoin has fooled them. The denominated crypto Bostwana was firstly being sold to a group comprising over females in 2019. At that time, Bitcoin’s value was under US$ 3,500.
A woman named Lizet, who owned a huge quantity of Bostwana pula, revealed that she had recently lost her job. For the ends meet, the jobless woman decided to sell Bostwana pula. She informed that the seller told her that Bostwana pula was in fact Bitcoin. Because she was well aware of what the worth of Bitcoin was these days, she tried to cash out her assets.
It was only then she came to know that she was scammed as far back as 2019 when she acquired Bostwana pula. She said that since 2019, she was living in disbelief that she actually held a Bitcoin. She also informed that she had spent a sum of US$ 6,988 at the time of acquiring Bostwana pula. Now the man from whom she had purchased the denominated coins has vanished entirely.
Lizet also told that when she was purchasing the denominated coins along with others, the scammer told them that they did the right thing. In addition, the scammer told to them that a time would come when everyone will be after your Bitcoin. It was because of this promise and surety given by the scammer that she was convinced and decided to put in money.
She had lodged an official complaint with the local law enforcement agencies in South Africa. During their initial probe, the police found out that the Bostwana currency had Bitcoin’s name encrypted on them. However, in fact, they were not “Bitcoins”. Lizet has urged the law enforcement agencies to find the culprit who committed a fraud on her and other innocent victims. She stated that for at least 3 years she had thought that she was an owner of Bitcoin. However, in the time of need, when she wanted the most, she has left with worthless coins that have no value at all.
Lizet has urged the Government also to help her as she is in desperate need of help. She has lost her job recently and has to pay installments of the loan she took in 2019. She informed me that she was keeping the so-called Bitcoin for this particular time. However, she is shocked to learn that she was a victim of a fraud along with several other female victims.
She had the advice to share with others. She suggested that those who want to be a crypto investor ensure double-checking whether they are investing at the right place.