Hotnews No. 97 Another Scam with False Promises of Artificial Intelligence-Based Investment
The scheme known as DGPT attracted the attention of both legal institutions and users, as many who suffered substantial financial losses decided to seek justice by filing criminal charges. DGPT presented itself as an innovative investment platform in artificial intelligence, making unrealistic promises of quick returns and high profits. This scam, disguised as a startup, promised users the doubling of their invested capital in a short period, gaining a large following but ultimately leaving many without their investments.
How the Fraud Operated:
The DGPT operation was sophisticated, designed to exploit trust and the desire for quick gains. Investigation into promotional activities revealed that DGPT offered an alleged opportunity to double one’s funds within two months for an initial investment of $50, along with additional bonuses for recruiting new users. The model relied on three key elements:
- Investment: Users would select an investment package, and DGPT promised high returns, convincing them they would earn profit by participating in the development of advanced AI technologies.
- Fake Earnings: Scammers claimed users could earn income through a mobile app, supposedly by training artificial intelligence, which created an illusion of earnings shown in their accounts.
- Recruiting New Users: Participants were encouraged to spread the scheme among friends using unique codes, which, in a pyramid-like structure, provided them with even more “earnings.”
These steps reveal that DGPT was a pyramid scheme, relying on a continuous influx of new members to create an illusion of success and generate the funds necessary for temporary payouts.
Response from Defrauded Users and Legal Actions:
In light of this fraud’s exposure, numerous users have filed criminal charges against the founders and promoters of the DGPT platform. Legal institutions are now investigating a series of evidence pointing to financial manipulations, misrepresentation, and deceptive marketing strategies. During the trial process, the focus will be on proving the elements of fraud and identifying those responsible, while legal representatives of the victims are working on gathering and presenting necessary evidence.
Conclusion:
The DGPT case underscores the need for caution with investments in “revolutionary” platforms that promise unrealistic returns. The legal actions taken against this organization should serve as a warning to those facing similar offers.