I'm really struggling to convince my dad that the website https://satbitinterests.com is a scam. He's been convinced by their tactics and has already given them $2,000, thinking it's a legit investment. He found out about them through a WhatsApp group, which I suspect is also a scam. I believe it's a Ponzi scheme that makes it extremely difficult to withdraw money. He calls their support and has heated arguments, but they just keep saying things like 'Trust the process,' which is so frustrating because it's obvious to me that they're con artists. I've done some research and noticed this site seems tied to other suspicious websites like https://www.tradexmass.com and https://smartblockchainvault.com. I need some solid proof to show him, as he really won't listen to my concerns.
4 Answers
I totally feel for you—your dad is really in a tough spot. Maybe try getting him to watch a documentary about these kinds of scams? It might help if he sees interviews with other victims. But I know language might be a barrier for him.
Absolutely a scam! ScamAdviser gave it a really low trust score, it's a brand new domain, the ownership info is hidden—so many red flags! They’ll let you put in money, but withdrawing larger amounts will be nearly impossible.
Unfortunately, scammers can be incredibly persuasive. Even if they're not a complete scam, investing in cryptocurrencies is still very high risk. I’ve only put in a small amount myself because I see it as a gamble. There's probably safer investments available that your dad could consider instead, especially since he's in the USA.
I've heard stories about these scams, and yeah, it’s wild how they operate. They might allow small withdrawals early on to build trust but then they make it tough later. Good luck finding proof to convince him!
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