Lord Sugar calls the cops on serial crypto scammers Bitcoin Trader

The Apprentice star reminds Twitter followers of scam, says police and lawyers are on the case. 

Despite the multiple social media bans on cryptocurrency advertising that have been put in place over the past few months, it would seem that the scammers have no intention of slowing down their work.

One of the most ‘high-profile’ – if you will – of these dodgy crypto offerings in 2018 has been a site by the name of Bitcoin Trader. It has been notorious over recent months for using celebrity businesspeople to promote its products – without their knowledge, naturally. The latest of these has been Lord Alan Sugar, of The Apprentice fame. When reminded about the fake news stories using his name that have been doing the rounds recently by Twitter user @craigsimms73, he responded in typically blunt style.

It harks back to a Tweet from earlier in the month where Lord Sugar first named-and-shamed a service called Bitcoin Trader for using his name:

Bitcoin Trader – ostensibly an platform that automatically trades cryptocurrency for its users – has also been noted as using the stars of the Irish incarnation of Dragon’s Den – Gavin Duffy, Eamon Quinn and Eleanor McEvoy – in its fraudulent promotional campaigns over the past few months. The Mirror declared it “all a scam” that simply takes deposits and details from those who try to use it.