Scam-or Project Alert: Fraudulent “BITCOIN FAST PROFIT” Campaign Promotes LPLFinances Broker Scheme

Introduction: Fake News, Real Risk

This morning, a widespread email campaign targeted German-speaking users, falsely claiming that renowned German singer Lena had discovered a “secret” way to get rich—automated Bitcoin trading. The deceptive story was published on the suspicious website imortalizegrids.com. Embedded within the article are links leading directly to the BITCOIN FAST PROFIT fraudulent investment campaign hosted on updez.com.

Anyone who registers on this site is immediately redirected to the payment interface of LPLFinances (www.lplfinances.eu), a crypto broker scam operating under a classic white-label fraud model.

Scam Network Structure: LPLFinances and Its Associates

LPLFinances is not an isolated fraud. It belongs to a broader ecosystem of white-label scams, including the likes of ProfitMarket (www.profitmarket.net).

According to available corporate records, HALEBORE LTD, based in London, is purportedly behind LPLFinances. The company’s director is listed as Kiril Angelov Genov, a Bulgarian national born in August 1969. Their primary targets appear to be individuals in German- and English-speaking regions.

Payment Gateways Involved

The fraud operation is enabled by several high-risk payment processors, including:

• Neobanq

• iPasspay

• Internet Cashbank

• PayPound

Scam-or Project recently spotlighted PayPound, believed to be linked to former operators of the now-defunct iPayTotal, a notorious player in high-risk payment processing.

Risks and Warnings

Victims of such campaigns face multiple threats:

• Financial loss

• Unauthorized use of personal data

• Prolonged frustration and stress

These campaigns are carefully crafted to appear legitimate, often leveraging known celebrities and media styling to lure unsuspecting users.

Key Takeaways

Final Note: Stay Vigilant

Do not trust unsolicited financial offers promising guaranteed wealth—especially those promoting crypto schemes under celebrity names. These are often traps.

If you encounter such fraud or recognize any associated payment processor, report it immediately to relevant authorities or watchdog organizations.