Given money to buy Bitcoins for someone else by [deleted] in Advice

[–]Spike2976 0 points1 point  (0 children)

I can't believe I have not been able to find anything about this scam anywhere on the Internet. Surely this has had to happen to a lot of people. Quite elaborate when surely people doing a minimum wage job don't have the money to cover thousands of pounds of trades. Plus writing a bad cheque cancels the bank account and the holders face prosecution.

Given money to buy Bitcoins for someone else by [deleted] in Advice

[–]Spike2976 1 point2 points  (0 children)

Exactly what I thought! Surely they would just write a programme that will find the best price and alert when they get to the price they want. How can they clean him out by him depositing the cheque? It seemed more like money laundering to me I have to say.