The investor held her money hostage, telling Yvonne Rodriguez that in order to get it, she had to send him a video touting her investment.
It’s an investment scam that typically starts on Instagram, but in a new twist, the scammers are forcing their victims to make hostage-style videos.
The friend shared several videos of herself saying she had invested in Bitcoin with an investor named David and made a huge profit. More than 95,000 people reported about $770 million in losses to fraud initiated on social media platforms in 2021. “I wasn't comfortable with it,” said Rodriguez. “That's when I started putting two and two together."
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