HomeLife InsuranceBerkshire Hathaway points warning on fraudulent web site

Berkshire Hathaway points warning on fraudulent web site

Berkshire Hathaway issues warning on fraudulent website

Berkshire Hathaway has issued a warning that there’s a fraudster posing as the corporate, utilizing the insurer’s title to make a revenue – however as an alternative of by means of fraudulent insurance coverage gross sales, the web site is hawking cryptocurrency “offers.”

The true Berkshire Hathaway issued an official assertion on November 18, noting that it was made conscious of the phony firm that afternoon. Berkshire Hathaway has additionally identified that the impostor is utilizing the online deal with ‘berkshirehathawaytx.com;’ a URL the precise firm doesn’t use.

“The entity who has this internet deal with has no affiliation with Berkshire Hathaway Inc. or its chairman and CEO, Warren E. Buffett,” Berkshire Hathaway mentioned in its official assertion.

Insurance coverage Enterprise has investigated the ‘berkshirehathawaytx.com’ web site, discovering that the location payments itself as a “bitcoin change” that’s “based mostly” in Texas. Statements on the web site additionally declare that its model of ‘Berkshire Hathaway’ is a ‘world CFD and FX dealer’ that’s ‘regulated’ by numerous authorities each federal and worldwide.

The pretend Berkshire Hathaway affords numerous cryptocurrency “funding plans” at completely different tiers, starting from “Bronze” (make investments $1,000 – $5,900 for 20% every day returns), “Silver” ($6,000 for 50% every day returns), and all the way in which to “Gold” (make investments $10,000 to obtain $20,000). It additionally affords “limitless assist” for purchasers by means of 24/7 chat.

Info on the web site additionally claims that this “Berkshire Hathaway” entity is predicated in Montgomery, TX. When the deal with on the web site is put by means of Google, the search returns an empty lot in a residential location.



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