The RCIPS has become aware of a website that has been posting ads and articles using the details of the Cayman Islands and fake interviews with the Honourable Premier, Mr. Alden McLaughlin. Pictures of the Premier have also been used to attract viewers and interested parties to sign up for these false Bitcoin investment opportunities so that the scammers can capture credit card details that have been used to sign up.
These false investment opportunities, which seem to be operating under the name “Bitcoin Era Promotions,” are scams and the Honourable Premier Mr. Alden McLaughlin is not involved in these promotions in any way. It appears that an overseas scammer has been using the name and pictures of the Premier along with mentions of other prominent persons within the Cayman Islands to increase the plausibility of the scam. The false news promotions have also been done in a similar way with other countries across the world.
The RCIPS has reached out to the website where the post has been made and has so far managed to have at least one of the articles removed. The investigation into this matter is on-going and persons who come in contact with these ads and articles are being asked to forward the information on to the RCIPS Financial Crimes Unit at RCIPS.FCU@rcips.ky.
Members of the public are being warned not to use their credit cards in an attempt to invest in these Bitcoin Era Promotions. If you are unsure about the legitimacy of any online investments, contact the Financial Crimes Unit at 949-8797 to find out more before proceeding.