John Bollinger Raises Alarm Over Crypto Scammers Using His Name

Renowned trader John Bollinger has sounded the alarm about a new cryptocurrency scam, warning that fraudsters are impersonating him to lure unsuspecting victims into financial schemes. The scammers have created fake versions of his influential book, ‘Bollinger on Bollinger Bands,’ and then use this to build trust with potential investors. They operate under the guise of Diamond Ridge Asset Management, which appears to be a fabricated company. Once established trust is built, scammers begin soliciting investments for bogus opportunities, as one victim lost $60,000 in such an endeavor. ‘@bbands’ warned his followers: ‘It is also copyright infringement, but that is another story. Never, never accept solicitations on ‘my’ behalf!!!!’ The full details and further warnings are available on U.Today.