InsideBitcoins.com

New Phishing Scheme Claims the Queen Elizabeth II Needs Funds, Sent via Snailmail

New Phishing Scheme Claims the Queen Elizabeth II Needs Funds, Sent via Snailmail

Few things in this world can surprise someone. Truly, shocked laughter surprise someone.

Many people would be genuinely surprised to find out that there’s a new phishing scam out there, where someone is impersonating the Queen’s Secretary to request funds in the form of Bitcoin.

Alas, most people will not have the pleasure to see this horrifically written garbage piece, because Her Majesty the Queen’s scam comes in the form of snail mail.

Real letters have been sent to individual addresses, the letter’s writer pretending to be Adam Young, Secretary of Her Majesty Queen Elizabeth II.

Said letters, in the typically horrible grammar and prose that accompanies something like this, claims that, to save the British economy, of course, the Queen herself is reaching out to certain parties.

She requests these parties to lend the Royal House money, sums ranging from £450,000 to a whopping £2,000,000 claiming this money would help sustain the British economy during the trying times of Brexit.

The letter touches base with the tried-and-true Ponzi scheme, promising whoever pays a contract where these patrons would receive a hefty 30% interest rate on the money they lend to the Royal House.

This would only be on the initial amount for three months and, as a further bogus incentive, prospective lenders are allowed an opportunity to join the Royal Warrant Holders Association.

This association being the list of companies allowed to supply the Royal Family with various goods and services.

To keep himself safe, the scammer claims that the anonymity of these transactions is paramount.

Because of this, only transactions via Bitcoin are allowed, since it could possibly “affect the agreements we have in order to obtain the bilateral agreement.”

The real crime here is the sheer lack of thought these scammers put into making these letters presentable.

“Everything from the Nigerian Prince” to “Long-Forgotten Family Estate” to the basic “You Win a Prize” all contains worse punctuation than a twelve-year-old English speaker.

This “issue” is compounded when they send these letters to high-class figures like Paul Ridden, who sent a post detailing how this scammer sent the letter to him.

While not a member of the Royal House, Paul showed that he was smarter than a turnip and gave the letter to the public, which had gained much popularity since.

Bitcoins Aren’t as Anonymous as You Think

The myth that bitcoins are completely untraceable is well-believed. While true that there is no personal information logged on these bitcoin addresses.

The simple fact that there is a need to record these transactions make them trackable, and as a result it can be determined that the scammer’s account, ‘1sycBKECFgPBD3EiaTCcD2VCeobr8DrpD’, hasn’t had mountains of bitcoin stream in at any point of time.

Nominal amounts, yes, but nothing worth mentioning.

It seems that the scammer, like many before them, realized that people aren’t as stupid as they seem.

Top brokers for buying and trading cryptocurrencies

  • Platform
  • Features
  • Rating
  • Visit Site
  • US-Friendly
  • Paypal accepted
  • 12+ cryptocurrencies
4.5/5

Visit Site
75% of retail investors lose money.
eToro Reviews

    eToro Reviews

    https://insidebitcoins.com/visit/etoro-newsCreate your account
    Hide eToro Reviews
    • Best broker for non-US countries
    • Trade crypto CFDs, forex and stocks
    • No withdrawal or deposit fees
    4.5/5

    Visit Site
    80.5% of retail investors lose money.
    Plus500 Reviews

      Plus500 Reviews

      https://insidebitcoins.com/visit/plus500-newsCreate your account
      Hide Plus500 Reviews
      Remember, all trading carries risk. Past performance is no guarantee of future results.
      Avatar

      A journalist, with experience in web journalism and marketing. Ali holds a master's degree in finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of cryptocurrency publications.