I am going through specifics of the scam because I know there are people that won't believe they're being scammed unless their scenario matches exactly and entirely.
Here's the process
1. They advertise their scam group on a platform like instagram, pretending to be another app. When you click on it, it asks you to message a whatsapp number.
2. There are 2 "important" people. One is the mentor and one is the advisor. The advisor always direct messages you, and the mentor speaks AI summaries of stock events in the group chat.
3. The group chat is filled with AI bots messaging around. it's to add legitimacy.
4. They will suggest you stocks. After you buy them, the advisor will ask you to provide screenshots.
Q:
Why do they ask you for screenshots?
A:
It's to make you accustomed to the process. They don't need screenshots of the transactions for their normal stock suggestions. It's useless for them.
Edit: following a comment - it's not exactly useless, it also lets them know how much you have and are willing to invest to see if you're worth their time.
The only time they need it is when they finally advertise their pump and dump scam stock. They require the screenshots of the transactions so they can figure out how much money they scammed out of you to get a cut.
5. After 2 months regular stock recommendations. They will advertise and hype up their scam stock, promising 150% gains. They want you to put as much as possible.
Just to add on, they don't specify the stock ticker until the last day (Dec 8). They advertise the releasement of the stock ticker, not the stock itself.
6. [chow stock - Google Search](https://www.google.com/search?q=chow+stock). This was the specific scam stock recommended yesterday. It went up by 20% before dropping 85% today (Dec 10th). It's honestly impressive.
7. I've been too lazy to photoshop/html edit the transactions, so they're trying everything in their power to get me to send the evidence. Including calling me 15 times yesterday and promising a 80% cash back on the imaginary losses. (I told them i invested 100k)