Avoiding Fraudsters – Beware of Phishing

Dear Community,

It has come to our attention that there have been a few attempts by individuals to clone Crowd for Angels accounts and contact members of our social media channels in the hope of facilitating funds fraudulently. As such, we wanted to write a blog on what you should look out for and checks you can undertake to avoid a potential fraudster and phishing attempts.

Remember no admins will ever ask you to send funds directly to a wallet, nor will we ask for personal account details such as your password or bank account details. If you are ever in doubt who you are talking to online please call our office directly on 0207 437 2413.

Cloned Accounts:

In the two images below we have a FAKE account on the left-hand side and a REAL account on the right-hand side. You should always check the person’s username very carefully for misspelling. As you can see, there is a very subtle change in the spelling of “adcock” to” adcoc” – missing the K, this slight change by the potential fraudster is a clone of a real user and an attempt to solicit information or funds.

An image showing 2 telegram accounts - the left image is fake and the right is real

Fake Emails:

Any email from the Crowd for Angels team will always come from our @Crowdforangels.com domain ([email protected]).

In the example below, we can see that “James”, our potential fraudster has been in touch using an email registered with Outlook.com and has mentioned the company name as part of the unique address.  Sometimes this can be misconstrued because the email provider highlights the first name “James” and the last name “Coinlisting” in this case. Therefore giving the reader the impression that James is from Coinlisting. This is NOT the case, as James is using an Outlook domain and can be from anywhere!

It is also important to take a look at the language used in the email and to see if it matches your expectations of an email be received from a professional organisation. An image showing a fake and real email exchange

If you receive an email that you believe is suspicious, please forward it to [email protected] 

 

Unrealistic Offers:

It is often said that if an offer is too good to be true, then it probably is. Recently, there has been a wave of fraudsters posing as well as known individuals offering “FREE” cryptocurrencies, if the user first pays a small amount. This is a very common scam and is a similar to fake lotteries, items to be delivered scams and releasing funds scams. Remember, if it sounds to good to be true, it probably is. 

A fake tweet from supposedly Elon Musk for a scam.

 

We hope that the above example has given you some information on what to look out for when communicating online. Remember, no admins will ever ask you to send funds directly to a wallet nor will we ask for personal account details, such as your password or bank account details.

Should you wish to talk or confirm the identity of a communication, please call Crowd for Angels on +44 (0)207 437 2413

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Risk Warning

Investing in small public listed or private companies involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Investing in debt pitches through Crowd for Angels (UK) Limited involves lending to companies and therefore your capital is at risk and interest payments are not guaranteed if the borrower defaults. Crowd for Angels is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own Investment Decisions. You will only be able to invest via Crowd for Angels once you are authorised. Please click here to read the full Risk Warning.

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