Apparently you can easily earn thousands of euros per day with the “Lion’s Den” on an oil trading platform. But our cooperation partner Watchlist Internet urges caution: The news article behind the Facebook post is fictitious and the trading platform is operated by criminals and has nothing to do with “Lion’s Den” . As an investor you will only lose your money here!

Lion’s Den” makes German citizens rich with oil! – with this headline, criminals try to lure potential victims to a platform.

These are this or similar posts on Facebook

MIMIKAMA
Screenshot: Facebook status post with Lion’s Den making German citizens rich with oil” from February 7, 2023

What's behind the headline?

The alleged BILD article claims that just 250 euros in starting capital is enough to earn 7,000 euros a day with “Oil Profit” – a product that was supposedly presented in the program “Lion’s Den”.

And what is really behind the headline?

Anyone who comes across this alleged news article on the Internet may be tempted to invest themselves. After all, it sounds very tempting and 250 euros in starting capital is not a big risk for many people. But criminals are actually trying to lure victims to a fraudulent trading platform. The alleged BILD article is intended to inspire just as much trust as the well-known television program “Lion’s Den”.

Anyone who registers on the fraudulent trading platform is usually contacted by telephone to discuss how to proceed. Experience reports also show that high profits are quickly faked. But this is also just a scam used by criminals and is intended to encourage further investments. Watchlist Internet repeatedly reports on similar fraudulent platforms where investments are made in cryptocurrencies. Those affected report great financial damage as they are persuaded to invest more and more or have to make payments before they receive their winnings.

How to recognize the fraud!

  • Invented news article: The fact that this is a BILD article may seem trustworthy at first glance. Anyone who takes a closer look will quickly realize that criminals are at work here. The site only imitates the German daily newspaper.
  • Unrealistic promises of profits: If incredible profits are promised in a very short time and with small investments, you should be careful.
  • Missing imprint: Anyone who follows the links in the news article ends up on the website where you can supposedly invest. Here, too, it's worth taking a closer look, as there is no information on the site about who is behind the company!

Have you invested?

Anyone who has already invested should not allow themselves to be put under pressure by the alleged financial advisors and under no circumstances should they make any further deposits. Instead, report it to the police and discuss what to do next. You can also contact your credit card company. Although the chances of success are slim, try to get your money back.

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Notes:
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