Absolutely despicable.
A senior citizen whose restaurant equipment business took a hit from the COVID-19 pandemic invested his entire life savings into cryptocurrency — only to discover that the site he used was completely fake., 74-year-old Naum Lantsman decided to invest in crypto through a platform called SpireBit, which he found via an Instagram ad.
His initial investment was $500, and within weeks, his SpireBit dashboard told him the money had nearly doubled. Soon after, Lantsman was convinced by Pavel to invest more and more, ultimately putting his entire life savings of $340,000 into the site.
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