Council warns public against illegal crypto training schemes – FBC News

[Photo: REUTERS]

The Consumer Council of Fiji is warning the public about a rise in illegal virtual asset–related training activities being actively promoted on social media platforms, particularly TikTok.

The Council says these schemes target local residents by promising high returns through so-called educational trading programmes, designed to lure participants into paying fees for online and in-person sessions.

Chief Executive Seema Shandil says investigations have found that a group operating under the name “VitiCrypto” is allegedly offering paid training programmes, charging participants approximately $300 to attend online Zoom sessions.

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She adds that further findings…

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