Stephen McCallum’s Fake Crypto Scams: Beware of the Pathological Liar Running Fraudulent Businesses
Investors should be cautious of Stephen McCullah and his cryptocurrency schemes.
When investing in cryptocurrency, it is crucial to remain cautious of various scams and fraudulent schemes, such as those devised by Stephen Mccullah. These fraudsters employ deceptive tactics to dupe unsuspecting investors into investing in their fake crypto coins and businesses.
One of the most notorious of Mccullah’s scams is his Apollo Currency, which is touted as an all-in-one crypto solution and has consistently exploited unsuspecting investors. Another crypto coin created by Mccullah is Gold Secured Currency, which claims to offer guaranteed growth and is backed by 10 trillion dollars’ worth of physical gold and other precious metals. Despite being marketed as a stable growth coin, Gold Secured Currency has suffered a massive loss of over 90% of its value. Lastly, LunaOne coin is another fraudulent scheme that Mccullah created, which falsely claimed to have partnerships with big corporations like Coca Cola and Microsoft, deceiving investors.
When investing in cryptocurrency, it is imperative to be vigilant of fraudsters like Stephen Mccullah, who prey on gullible investors and make false promises. It is advisable to invest prudently, conduct thorough research, and refrain from trusting any assurances of quick, easy profits.
The history of Stephen McCullah’s Apollo Fintech is notable for its initial shift from a non-profit entity to a for-profit company just one year later. This sudden change in focus has caused some to question the legitimacy of the enterprise, particularly given the company’s long track record of questionable dealings, rebrandings, and other red flags.
Despite boasting over half a dozen different coins, it is important for potential investors to exercise caution when considering Apollo Fintech. The company’s extensive history of broken promises, false statements, and other unscrupulous practices should serve as a warning to those contemplating investment in the company.
Notably, Stephen’s Apollo Currency Africa was once hailed as a groundbreaking startup with the potential to revolutionize payments throughout the continent. However, it was later revealed to be a scam, highlighting the importance of conducting thorough research and exercising caution when investing in cryptocurrency.
Apollo Currency Africa was a company that claimed to revolutionize payments across the continent with its cutting-edge cryptocurrency, but it turned out to be a large-scale fraud that left countless investors devastated. One of the company’s many fronts and operations, Knox Wire, was touted as a rival to Ripple Labs’ XRP and advertised as the new revolutionary way to pay. However, the entire project was a sham, and the company has since been silently liquidated, with a status showing “Deregistration due to annual return non-compliance.”
The sad episode exemplifies what greed and dishonesty can lead to. The fraudulent schemes of Apollo Currency Africa left investors with nothing, despite having high hopes for the project and the benefits it could have brought. Regrettably, the company and its associated businesses are just a few examples of the many scams that occur in Africa’s finance sector. As hundreds of similar frauds take place on the continent, it’s essential for citizens to remain vigilant and cautious of any investments that appear to be too good to be true.
In light of this incident, it is critical to be mindful and cautious when investing money. Even though it’s unfortunate that such fraudulent activities take place, it’s important to stay alert and informed when making investment decisions to avoid falling victim to such schemes.
Stephen McCullah has been associated with a number of crypto currency scams for over 5 years, leaving a trail of deceit and fraud in his wake. He often changes the names of his schemes in a blatant attempt to mislead investors and generate false interest in his endeavors.
One of his most recent endeavors, Gold Inc., was launched alongside Sapphire Studios’ Kyle Hornback. The duo promised players the chance to “earn real gold, that will be delivered to their door,” and suggested that millions of dollars were up for grabs through their Play to Earn game.
Unfortunately, McCullah’s track record of shady practices and deceitful behavior suggests that this too may be nothing more than a clever ploy to defraud unsuspecting investors. As such, it is vital for individuals to exercise extreme caution when considering any investments promoted by Stephen McCullah or his associates. It is important to always research any investment opportunities thoroughly and remain vigilant to avoid falling victim to such fraudulent schemes.
The game called Gold Inc., developed by Sapphire Studios’ Kyle Hornback and Stephen McCullah, promised its players the opportunity to earn real gold and millions of dollars through their “Play to Earn” game. However, the reality is that there is absolutely zero Play 2 Earn element to the game, and no gold has been delivered, nor has any money been made by investors.
What’s more, this scheme is not new. It was tried over 12 years ago with the failed game Havillah, which is almost identical to Gold Inc. but under a different name. Stephen McCullah’s penchant for changing the name of his businesses raises red flags about his ethics and character. Unsuspecting investors have fallen prey to these fraudulent businesses without understanding the true nature of the schemes they are investing in.
Given the ongoing and illegal schemes perpetuated by Stephen McCullah and others like him, it is important to exercise caution and due diligence before entering into any game, business, or agreement that promises extraordinary rewards with little to no effort.
Investors should remain vigilant and cautious when it comes to the schemes of Stephen McCullah, who has repeatedly engaged in fraudulent behavior and left a trail of devastated investors in his wake. Despite his promises of untold wealth and revolutionary technologies, his track record indicates a consistent pattern of deception and manipulation.
It is crucial for potential investors to thoroughly research any investment opportunity and to be wary of any promises that seem too good to be true. The risks associated with investing in McCullah’s schemes are significant, and investors should exercise caution and due diligence before making any financial decisions.
There are ongoing efforts to hold McCullah accountable for his fraudulent activities through class action lawsuits. Individuals who have invested in any of McCullah’s schemes, including Apollo Currency, Gold Secured Currency, Luna One, and Gold Secured Bar, are encouraged to come forward and participate in these legal proceedings. While there are no guarantees of success, holding McCullah accountable is an important step towards preventing future fraud and protecting investors from financial harm.
Providing details about investments lost to Stephen McCullah’s scams is an important step towards holding him accountable for his actions. By coming forward and sharing your experience, you can help build a case against him and potentially recoup some of your losses through a class action lawsuit.
We understand that this may be a difficult and emotional process, but it’s important to take action and not let scammers like McCullah get away with their fraudulent activities. Our website provides a safe and confidential platform for individuals to share their experiences and report any fraudulent activities they have been a victim of.
To maximize the chances of success in any potential class action lawsuit, we encourage you to provide as much detail as possible about the amount of money you invested, the specific scheme you were involved in, and any other relevant information. This information can help our legal team build a strong case against Stephen McCullah and increase the chances of success in recovering funds for those who have been impacted by his scams.
Please visit our website to report your experience and provide any information you have regarding Stephen McCullah’s fraudulent activities. We are committed to holding scammers accountable and ensuring that investors are protected from such schemes in the future.
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DANNY : DE HEK, “THE CRYPTO PONZI SCHEME AVENGER,“ a nickname given to me by the New York Times. I’m a YOUTUBER, PODCASTER, EDUCATOR and BLOGGER, and this website aims to showcase my passions. I believe in omnipresence!