The surprising documentary about virtual scams that came to Netflix

Netflix released on January 1st a new Documentary film that lovers of the genre are going to adore. It is a feature film that tells the story of Ray Trapani, a virtual scammer who He became a millionaire by deceiving financial investors on the Internet. It has the testimonies from Trapani himselfwho admits without filter and in the first person all the crimes committed.

Crypto scams (Bitconned) It is called the documentary directed by Bryan Storkel that recently arrived on the Red N platform and has already captivated millions of users.

The high point of the film is the honest and unfiltered narrative that it offers, to the point that the Ray Trapani is the one who recounts his criminal journey within the world of digital finance. It also features interviews with the scammer’s relatives and former friends.

The history of Trapani illustrates how cryptocurrencies, despite their objective of democratizing finance, were used in 2017 in a fraud carried out by three young people with no experience in the sector. These individuals They managed to raise $25 million through misleading promises and statements.

Synopsis of Criptoscams, the new Netflix documentary

Ray Trapani, whose criminal aspirations were brewed since childhood, glimpsed an opportunity during the cryptocurrency boom in 2017. Despite his lack of experience, he conceived an ambitious project: the creation of a cryptocurrency debit card called Centra Tech. To boost his company, Trapani resorted to deceptive tactics, such as creating fake LinkedIn profiles and endorsing celebrity endorsements. These strategies allowed him to accumulate millions of dollars, despite his questionable track record and lack of experience in the financial sector.

However, Trapani’s promising bet collapsed when it was discovered that the project was tainted by fraud, with false statements and misleading promises. This case illustrates how, even in the midst of an economic boom, dishonest ambitions can temporarily prosper, but sooner or later they are exposed and face legal consequences.

Crypto Scam Trailer

The story of the protagonist of Cryptoscams

The founders of Centra Tech, Sohrab Sharma, Robert Farkas and Raymond Trapanicarried out a fraudulent marketing strategy to promote the Centra Card, a debit card that would supposedly allow users to spend various cryptocurrencies at places that accept Visa and Mastercard

To gain the trust of investors, they used questionable tactics, such as creating fictitious executives with false backgrounds in the financial sector.

Besides, They sought legitimacy by associating with celebrities renowned as Floyd Mayweather Jr. and DJ Khaledwho were paid to promote Centra Tech’s Initial Coin Offering (ICO). These deceptive actions and the endorsement of prominent public figures attracted the attention of investorss, contributing to the company’s fundraising despite their lack of integrity and the veracity of their claims.