The Billion Dollar Scam - BBC World Service Documentaries 

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Do a search on "FX scams in Israel"

ANYBODY... Who claims "GET RICH QUICK"... Do not believe them.

Absolutely. This is called hitting the nail on the head

​@@satadruray9787 😅😅😅Exactly, these people are idiots

no surprise there, they still hold julian assange without a trial

You have to wonder why. The UK is known to launder money for the Russians.

Wtf? The source if the crime is abroad. What exactly can our police do? There is a special unit that you report to, anonymous if required. Scams are highlighted and bank's ask if you make unusual large withdrawals. Get grief from customers too. Greed drives this. I actually feel sorry for anyone with an Indian accent. Not likely to succeed in sales in the UK 😂😂😂😂

​@@deborahosborne9426bet you voted brexit.

Lies again? Anti Scam SAF SPF

Wow..the one line that summarise a lot of things 😊

Trusting no one isn't the way to go either, it is important to exercise discernment.

When it comes to money, absolutely

One may sound clever and bright but before you know it you got scammed.

KYC regs should be applied to these clubs. There's just so much shady money going into these institutions.

A lot of these clubs are already owned by dirty money, so they can clean that money

@@carrioncrow8191 WE HAVE A BINGO! There are networks of lodges.

They are a part of the racket.

@@tombirmingham7033 yay, what do I win?

i think you missed the part where they did not scam anyone from the usa, she said she had to pretend to be Canadian to get scammed.

@@ScottDieken I would imagine they would be coached to say they were canadian, etc. Look at FTC and how that got around the American thing.

Have a look at the fbi, they are the primary investigator of crimes all over the world.

@@benjaminfphillips OP is a bot FYI

If you take the time to look at the history of Britain, You'll understand why they tend to ignore such deplorable practice's. The greed of the hustle is real...

Well a lot of the scammers live in parliament.

If the British were that great then u think all those Pakistani politicians would be living out there. The shareef family, ishaq dar, altaf Hussain. It's a haven for them till they are paying the British bribe they are safe out there

The British authorities do know. They just cannot be bothered stopping it because they are corrupt themselves and it's too much work for them.

We are the privileged ones leave us alone

I,m don,t understand why they didn’t shut you up for leaving them so soon

Good. Unfortunately they often use people who have no choice, but it's easy to be corrupted with nice things (always a car waiting, food delivered, etc)

Honestly it's just another biast smear piece to bash unregulated services - while promoting those that wrote the regulations..

The EU must pass a law against scammers and victims must be compensated

rotting you mean rolling in cash

Georgia should set up Vigilante police to hit back hard at these scam centers

Please let them know that the Georgian politicians/police are part of the scam scheme.

@@agnescraig2912 Ha! The EU probably has any number of people involved. Itself is corrupt.

You see its against the powers that be to have an informed public so such information is suppressed

Nomad capitalist another scammer!

American hypocrisy democracy freedom and greed

BBC IS SHIT

yeah great, now they know who she is, they will go deeper.

​@@kerrybarnes7289 yeah good work but does seem perhaps a bit naive of her to be so public about her role in this; given she's an experienced reporter one can assume that she must have by now perhaps passed the buck on to someone else, a colleague or new entrant to investigative journalism to build a career from, something of that nature.

@@J3diMindTrix Or maybe she is wearing a mask even in this one. She is not that dumb

Her voice is annoying asf, why does she speak like that?

It took decades for anyone to even notice what Bernie Madoff was doing. Even when people were trying to sound the alarm on him.

@@enviritas9498 Bernie M He also holds the world record at the full distance💸

Please tell your compatriots that Chinese immigrants, especially Chinese political asylum smugglers, are Trojan horses planted by the Communist Party in the democratic world. They will carry out suicide attacks in your country in the future. They all know how to make suicide attack weapons and how to Carry out suicide terrorist attacks because they find out that they are ultimately dictator slave owners and slaves, genetically unable to integrate into the democratic world, please don't forget the human disasters and social disasters they have caused you in the past with their bottomless morality and beliefs

When you say something they say you are jealous or poor, youtube is filled with ADs from scammers google does nothing because they also make money from it, city of london is full of russian oligards.

There’s an old saying “The law is an ass”. Except in trivial matters it’s barely fit for purpose. If a criminal agency could derive part of its funding from the proceeds of criminals it busted there might be some justice.

🤣🤣🤣🤣🤣

I don't mind their local investigations. But their investigations on politics of non westernised countries are nothing but 80% lies, projection, spin and outright propaganda.

Scammers

(the BBC)

​@@louiswilliamterminator2887 So very true!

Not just one. Almost every Forex/commodities trading company is a scam; it's not just the 'Milton Group' - City of London is the mother of them all which BBC conveniently fails to mention. I used to work for one at the highest level. Know the scam inside-out. Anyone can start such a company for under $100,000 dollars. You can buy the white-label software, rent the servers to install it, buy the feeds, register the company in Malta (or another British tax haven) and off you go. And it is all legal.

The blame SHOULD be directed onto the company or companies. A country cannot be held responsible for what individuals are planning and carrying out. My parents unfortunately fell victim to same type of scammers, they were based in Nepal!. Does this mean the Nepalese country is responsible, no.

They allowed these scammers to register the business there. UK government is a sham

englands got them as well, dont worry about it. regulators dont do their job

You should do what we do and give them jobs in banking and politics.

Dont worry we dont blame you Tbh even the stereotype of Nigerian scammers is not true - less then 1% of Nigerians do that so its unfair to stereotype

They were based in your country but they are Israeli

@@hunter5369 And when they run back to Israel with the stolen millions they're protected from extradition by the state.

There's something definitely wrong with the police force in UK.

I'm British, I had a boss a few years ago who got scammed between £1 mil - £1.5 mil. From an private equity investment scam. He told me when he reported the crime, British police already knew and simply weren't interested in resolving it - because it was an international scam. More than that, there were no reports publicising the scam on the gov.uk website, or anywhere online, verified by the British state/police/govt.

My impression has been that London specifically has been very important hub for money laundering between Saudi and Russian national operations. The amount of money which is transferred is mind blowing. Hundreds of billions. Reason it has been able to go like that is due the extraordinary challenges to prove it is blood money. What need to be understood is the money laundering is only a symptom for the real disease: natinonally supported organized crime. Every country has it but some thrive from it like Saudis and Russians (and many ex Soviet nations). It all boils down of complete disregard and even hate towards other ”systems”. Religion and lack of it at both extremes create the disrespect towards other people. I’d count in as a religion also greediness. The overwhelming desire to own things with zero empathy. This is why beheading is normal tactics with Saudis, Russians and other ISIS-alike regimes. Only thing we can do (I believe) is to break ”the money loop”. Make the money worthless.

"As a Brit I am disgusted the reporter had to ask a German policeman if he could assist" WTF do you think SBF was? And it directly fed into the Biden Midterm Campaign. These eastern EU types are just copy cats to the main game. Build Back Better.

The City of London launders all the black money in the world.

I'm sure it will be reserved, right next to TV licence enforcement goons.

Relax

Well that's usually the tradeoff

True 😊

​@Donkey, you're a disappointment

It wasnt brave.

Not usually...always.

governments have been scaming its peoples for Centuries

Yeah punched in the throat

They have a great example to follow if the largest financial frauds are anything to go by. Get enough money and you’re untouchable. Go to a territory with no extradition policy and you’re safe. RU-vid pushes these schemes at every opportunity because they pay advertising fees and look like credible financial systems. The education pushers are telling you the truth because they sold you their education product so their system works and your purchase added to the revenue returns they proclaim are the potential you’ll have after buying their product, which increases their appeal, and so on, indefinitely, making their claims of a self perpetuating income with little actual effort, true. Caveat emptor. If it’s too good to be true it’s probably a scam.

Shot

That company didn't advertise your business?

@@fatemad4012 no they had a fake website and everything. Was supposed to do Facebook and google ads for me. I paid them through Venmo and one week later the phones didn’t work, the email bounced back and the website was gone.

Be glad you only lost 250€. I know this guy who lost $250,000....

Please tell your compatriots that Chinese immigrants, especially Chinese political asylum smugglers, are Trojan horses planted by the Communist Party in the democratic world. They will carry out suicide attacks in your country in the future. They all know how to make suicide attack weapons and how to Carry out suicide terrorist attacks because they find out that they are ultimately dictator slave owners and slaves, genetically unable to integrate into the democratic world, please don't forget the human disasters and social disasters they have caused you in the past with their bottomless morality and beliefs

The classic Ponzi scheme. Show high returns and select numbers who withdrew riches to build the pyramid.

​@@eleghari was he liquidated?

@@21Blockboy No need...law is on the side of perpetrators of these scams...nothing that was done was "illegal"

You mean against the Israelis that were behind the scam? Wineglass didn't mention that, did she? Good work, truly!

Her voice is adorable too

winona sineglass

British give asylum and safe heaven to financial frauds from all across the globe each year. I am still waiting for BBC to make a documentary on that!

Please tell your compatriots that Chinese immigrants, especially Chinese political asylum smugglers, are Trojan horses planted by the Communist Party in the democratic world. They will carry out suicide attacks in your country in the future. They all know how to make suicide attack weapons and how to Carry out suicide terrorist attacks because they find out that they are ultimately dictator slave owners and slaves, genetically unable to integrate into the democratic world, please don't forget the human disasters and social disasters they have caused you in the past with their bottomless morality and beliefs

You need to use this story to slam other journalists. Which journalism is a waste? Do you lose money on cat stories?

For real but beyond that financial literacy is needed

Pricks😢, of course the laws are sound... what weird reality this is , I wonder why we chose to live in this era.

I dont know i got scammmed 2 years ago and i puth my Id card and after my Bank blockekd my cardd

That’s why I ALWAYS use credit card and never my own money. Ever!

@@BakangPrivv that’s a lot of money. Sorry

If they had checks for all transfers it would hold up many legitimate transfers. There's no protection to gullible fools without inconveniencing everyone else.

some people commit suicide as a result of making such huge losses from these kind of scams

​@@fidelcatsro6948 I see a or hear zero accountability here......if you take someone's word that you will get a 90% return o your money you are either biblically naive or most of the time I suspect are greedy and lazy thinking there's a short cut to making money.

@@mark8544 Banks pay between 0.5 & 2 % interest ON YOUR MONEY what sort of noggin would believe that theres a 90 % profit system ? even bank robbery is not a guaranteed return in that figure , you have to be mental to fall for this

Please tell your compatriots that Chinese immigrants, especially Chinese political asylum smugglers, are Trojan horses planted by the Communist Party in the democratic world. They will carry out suicide attacks in your country in the future. They all know how to make suicide attack weapons and how to Carry out suicide terrorist attacks because they find out that they are ultimately dictator slave owners and slaves, genetically unable to integrate into the democratic world, please don't forget the human disasters and social disasters they have caused you in the past with their bottomless morality and beliefs，

@@mark8544 Couldn't agree more. The banks are forever warning us about scams, before every bank transfer. The privileged minority who can make these sort of returns with their insider knowledge aren't sharing that with joe public.

I am in the U.K and I see the same crypto scam comments.

Same here in Germany. I constantly report these comments, and yet they alway pop up again.

Some of the you tube's paid advertisements look like scams , you tube is just as complicit as these football clubs .

RU-vid is busy pushing the new world lgbt left wing ideologies and, deleting pro Right groups

Awesome movie 👍🏾

It is partly true. However, the only people who really have a little money to invest are elderly who have saved all their lives and want to make that money last longer. That is not necessarily greed. More valuable to teach that "if it sounds too good to be true, it is probably not true, but a scam."

How?

If w could just get back to where we were before...Everything up until

Cough cough... FTX

​@@funguy101986cough cough Matt Damon

Money "talks" to too many government officials.

The governments are run by crooks... crooks are not going to turn on each other. They need each other.

If it looks too good to be true it’s probably a scam. Those buying in fit into three categories: 1. Avarice. 2. Laziness. 3. Desperation. The sales pitch focuses on these three and is designed to hone in on them to elicit a sale. If you’re fortunate to not fit these categories you have nothing to worry about.

@@brynleytalbot778 It's no different from the boiler rooms of the 80s and early 90s nor the average stock broker from about 1905 to present day.

The fact that they refused to name the top bosses indicate the possibility of govt officials' involvement.

They tried to get me invest $250. I told them am poor.

No remorse for anyone falling for get rich quick schemes. Their motives are every bit as scummy as the scammers themselves

The crowvid jab is safe and effective - the BBC says so

BBC is the biggest scam agency , next to the church

About the UK police re financial scams or frauds investigations being non existent, I can vouch for that. In the early eights I used to bore anyone who would listen to death "the city of London is home to all the world's criminals" was my mantra

Scammer only get greedy people, if you have 300K£ why do you need more, and if that was true you have to also thing if I get 90% of profit someone else has to lost it but you would not care about that. However everything was scam and you've lost 100% due to greed.

jail cost more tax money, a hole 6 feet would be cheaper

death penalty!

@@AIgirls365 I couldn’t really understand what you were saying… But I did get the gist that you said, why would anyone want more than £300,000? Because they don’t live where you live, and the cost of living where they live is way more expensive. That $300,000 will only last them just a few short years when rent is £50,000 a year, not to mention food, clothing, medical, transport, etc. These days that is not a lot of money to have to live on for the next 30 or 40 years until you die. Before you make nasty comments about other people, do some homework first.

@@AIgirls365 😂 I just saw your flawed logic! Sounds like you know. Nothing about economics. Just because someone makes 90% profit, does not mean that someone else has lost 90%. It is not a zero sum game. I’m guessing you said such a ridiculously ignorant comment, because you have no money or else you are just a child just starting out in the world and know nothing about being an adult.

Do they? If so, why do they keep popping up 😊

The government agents and prosecutors and judges all benefit from scaring the public while not actually doing anything productive to stop scamming. The reality is they can't stop it, but they can bilk the public out of millions through taxes and fraudulent claims they're doing something. The government can't do anything, but you can. There are potential cheap technical solutions to these scams. First we need to teach people to be skeptical. 2nd people need to research investments before they take the risk as all investments involve risk. Third the technical solution to minimizing the ability of scammers to scan vulnerable and elderly folks is education AND accounts that restrict but do not stop people from accessing their money and investments. An alert could be sent to a loved one or financial advisor anytime an amount of money is being sent/withdrawn/wired that puts a person over by a percentage what they'd normally spend on a monthly basis. This would provide an opportunity for people who are in the process of being victimized to stop the transfer of larger amounts of money. As it stands banks have to do something called KYC. KYC however is a scam. It's called know your customer, but it doesn't stop scams. It's mostly just used to to go after people the government doesn't like and minimize competition in the marketplace for financial services and products. The government likes being able to abuse the financial system to target those it or some people don't like. Did you go to a protest against the guy in power? Don't be surprised when your bank account is frozen. That happened recently in Canada to tens of thousands of people. The US does something similar to certain groups of people. Ever work in the sex industry (legally that is)... expect to have your bank account closed. There is no law, but the regulators sent every financial institution a letter threatening to suspend banking licenses if they didn't suspend the accounts of "sex traffickers" and that is code for anyone in the sex industry. It was already illegal for the banks to knowingly do business with criminals after all. The officials got away with that and they're getting away with this sort of thing to oppress political opposition regularly now. The democrats utilized the IRS to go after conservatives at some point here in the past 5 - 10 years. It was a bit of a scandal. You don't think they stopped doing that did you? I'm not a conservative, but I do speak out because what they can do the conservatives and socialists they can do to me.

​@@maggiecalos4101 how do drug dealers make peoples live miserable?

@@toma58uenaventur By being dickheads who dilute their product with unknown and dangerous research chemicals imported from China

i know right am ashamed to be living in England we always knew london was a shithole but this takes the piss

It’s hardly reassuring when the public has to rely on investigative journalists to fight major crime, is it. Especially with how so many networks and media companies opting more for sensationalist ‘journalism’ rather than investing money on real journalism that takes a long time and a lot of resources, but yields monumental results.

​@@lilmissjoodypoody agreed. We should just get rid of all protocols for law enforcement.

That's exactly right...the corruption is from the the top down, that's way it continues to exist...look at Germany, they are actively catching the scammers.

Oh you mean "hushmoney"? Bribe money? "Scratch my back ,I"ll scratch yours?Yes there's a lot of that bullshit out there and that's why scammers get away with crime! Money talks and bullshit walks!

Hello how are you doing?

​@@drakehonest2 Who are you?

​@@drakehonest2 Bot

You are right. Law will not touch the guy because law is what allows the scam.

Get a class action lawyer and go after the FC with others. They added legitimacy to the scammers organization and should be liable for not doing the proper due diligence before exposing their fans to this nonsense.

Probably where he got the idea.

That guy went even further and got into the halls of the political elite.

​@@cryptowealthonyt he was already the elite

They are able.... they won't... because they are all in the big club. Lunatics run the asylum.

money buys immunity

@@milo-qh7cv Money talks and buys political solutions. The financial sector depends on this. PPI, endowments, pensions, etc. All miss sold en masse. All exposed. And they were legal manipulations of the rules by the institutions clever clogs crunching the opportunity into numbers.

It wasn’t easy!

@@yfelwulf racist much? Be a better person, it's not even hard to not hate.

Legend has it that BBC is still crying over the 500 hard earned dollars lost...

Great job on the reporting. The German prosecutor is Awesome. Keep up the great job!. He is very intelligent.

@@ImahSillyGirl Where is the racism?

Go have a lawsuit against the companies that excepted the advertising money… complacent fraudsters.

@Patrick Abas individuals are not always helpless into being scammed. Continue to educate yourself on scams: educate your friends and family, be over vigilant while in email or speaking on the phone, spread the word about scams. We ALL have to help each other fight these criminals.

looks like we need German police to train both British and Swiss police as well 🐱👍🏿

The thing that can stop it is if people stop being greedy

Greedy fools

Unlike anything reported by the right wing press like the Daily mail, Telegraph, Sun etc. ie, this is real journalism.

The couple from the midlands are like a parody of pretentious rubes. Not really 'poor souls', they're motivated by hubristic greed. If you believe that somebody will turn your 1,000 quid into a million you're kind of asking for it.

Lucky you!

It was not a company called Tron Digital was it? they scammed me for about the same amount,

Very easy to show simulated returns from historical data. It’s like buying the winning Euromillions ticket after the draw. If only life was that easy we’d all be rich but wouldn’t be because rich would no longer exist and we’d invent another differentiation.

I’m a victim of this as well.. in February/2023 Adimo company They also have adecco

I was deposited 200$ in UK 🇬🇧 company they can't withdrawal Can you tell me how to recovery?

wineglass, a glass of wine - what a name

Scams flourish in Ll times.

Scams always flourisj.

Scams or get rich quick or easy income schemes will proliferate more in recessionary times. Desperate times call for desperate measures. These desperados fill a need for hope. To many it’s a religion they never escape, their residual incomes pushed into scheme after scheme. But then I buy lottery tickets with no return but the occasional ‘Win’ that never covers my losses.

Hello how are you doing?

I'm sorry for what happened to you but it's never too late to get your money back. You will highly appreciate him for his tremendous help getting your lost funds back from ur scammer,

Spyoptron8 can help you

On instagram

He helped recover everything I lost

Yeah 👍👍👍👍

Yeah you'd think so.. But my friends use one of the trading platforms mentioned in this report - and they never had a problem with it. I can barely find any negative reviews about it. Comparing that platform to an obvious call centre scam site with nobody heard of.. that's quality? Another propaganda piece to smear unregulated services in favor of the companies that wrote the regulations.

governments are the scumbags and you just embrace and power them

The governments work for The Mob; not going to happen.

O no Police is way to bussy with a shoplifter that steals a pepsi.

omg youre a FOOL if you think government care anything about you. Governments and religions are the biggest scammers on the Planet. grow up!!!

Stealing is stealing!!