HotNews No 101: Hotnews: DGPT Scam Exposed – How Fraudsters Exploit AI and Crypto Hype

The global rise in interest in artificial intelligence (AI) and cryptocurrencies has created the perfect opportunity for fraudsters to exploit uninformed investors. One of the latest scams, known as DGPT, has gained attention with promises of quick and secure profits. However, behind these claims lies a sophisticated scheme designed to defraud unsuspecting users of their money.

DGPT manipulates people’s trust by using modern technology and marketing tricks. While the platform may appear legitimate at first glance, a closer analysis reveals it to be a classic Ponzi scheme, further disguised by elements of fake multi-level marketing (MLM). Like many similar frauds, DGPT targets individuals looking for additional income, offering them an illusion of success while organizers collect vast sums of money in the background.

How the DGPT Scam Works:

Fake AI Technology: Organizers claim to possess advanced AI systems that allegedly generate profits through trading activities or investments. However, the platform lacks transparency, offering no concrete information about its technology, ownership, or developers. The supposedly “smart” system fails to provide basic answers about its structure when scrutinized.

Hidden Ownership and Lack of Transparency: All information about the organizers is concealed, including ownership of the domain. The applications and platforms often appear technically rudimentary, designed merely to seem legitimate.

Payment Issues: Initially, scammers attempt to build trust by making small payments. However, payment delays soon arise, with excuses ranging from “technical problems” to alleged “crypto network issues,” while other systems function without any issues.

Aggressive Promotion via Social Media and Seminars: The scam is widely promoted through Telegram, WhatsApp, and local seminars. Regional managers and promoters, often lacking technical knowledge, lure victims with promises of quick returns.

Who Are the Victims, and How Do Scammers Operate?

Fraudsters specifically target individuals with limited knowledge of AI and cryptocurrencies but with a desire for quick profits. Key features of the scam include:

• Promises of High Returns: Investments are marketed as bringing guaranteed profits, while risks are ignored or minimized.
• Dependence on New Members: Like all Ponzi schemes, payouts rely on new deposits. Once the cash flow declines, the scheme collapses, and the organizers disappear with the money.
• Fake Promotional Materials: Paid actors and fake testimonials are used to make the platform appear professional and legitimate.

Specific Issues with the DGPT Platform:

• The organizers have collected millions of dollars through this scheme, leaving many investors without any payouts.
• Alleged “technical problems” have been used as excuses to cease communication with victims.
• Similarities to other scams, such as the CONTI scheme, suggest that the same organizers are behind both operations.

How to Protect Yourself:

• Be cautious with platforms promising quick and easy profits.
• Avoid making agreements or sharing personal details on apps like Telegram and WhatsApp.
• Verify the ownership structure and technical details of any platform before investing money.

What to Do If You’re a Victim of the Scam?

If you’ve invested money in DGPT or a similar platform and suffered losses, filing a criminal complaint is the only way to recover your funds.

Our office offers:

• Legal assistance in gathering evidence and preparing the criminal complaint.
• Legal representation and support throughout the process.
• Detailed case monitoring and communication with relevant authorities.

We encourage you to contact us as soon as possible so we can initiate the process and help you exercise your rights.

Your DefendMe Team