Fact CheckedLast Updated on April 3, 2022 by Stephan Lindburg
The latest skirmish in the Ukraine has left many people impoverished, malnourished, and basically hopeless. Highly graphic images of suffering children and entire families which are being torn apart by the constant shelling and bombardments are enough to make any person weep and sigh. This constant news feed of the war in Ukraine has not gone unnoticed by scammers who have found a new and highly manipulative way to solicit money from people who identify with these victims.
We have received reports where con artists are using Reddit, Facebook, and Twitter to trick people into investing money by telling them that a certain percentage of their profits will be donated to Ukrainian charities through organization such as Oxfam and UNICEF.
We have seen these types of emotional extortion tactics used in the past, but this time the campaign has gone viral and we have received complaints from some of our members who received a barrage of spam emails as well as text messages delivered directly to their cellphone.
If you have been contacted by anyone on social media or email and referred to this scheme, please reach out and message us through our contact page and let us know the format. We have seen spoofed images of Ukrainian officials asking for donations, images of the Ukrainian flag along with Bitcoin, and multiple Bitcoin wallets which keep changing in order to protect the anonymity of the con artists.
As is the case in every scheme with a similar nature, we always advise our members to conduct extensive research and inquire with a professional review website if they are unsure about investing with a certain software or program.
