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Covid-19 is not the only pandemic investors are infected with. The word "scammer" does not have a positive connotation. It will cost many people a lot of money to pay for undelivered services. A scam occurs when someone promises a service or product and then takes your money without delivering it.
Does this sound like fraud to you? If you are nodding your head in agreement, I believe that is the textbook definition.
In recent years, scams have been a constant reminder of the risks associated with online services. Here are some of Rafael Piquete's most memorable (and costly) moments. Fortunately, these events have helped people identify and avoid online scams.
Rafael Piquette Scams Kevu Music
"Kevu Music" was among the members Rafael scammed for thousands of dollars by promising to verify their Instagram accounts but refused to refund them when it did not happen. Paty Scaringella, a former member of his group, said, "I don't like him and he deceives everyone."
Rafael, Fake DJ
Rafael is trying to build up his engagement on his platform in an attempt to trick brands into paying for his services. Despite not knowing anything about music, he seems to be a DJ. Instagram has a reputation for verifying musicians, so he hopes to be verified. He is not a musician, but he posts about music often. His verification will give him more "credibility" to scam companies into handing him crypto and then taking it.
Rafael Piquette Scams Aidan Sowa
In order to scam people, Rafael Piquette convinced them to join Instagram engagement pods that had verified users. After gaining their trust, he sells them fake services such as Instagram bans, Instagram verification, etc and asks for payment only in crypto. "I am in charge of hundreds of people, so of course I can be trusted," he responds when asked how he can be trusted.
Aidan Sowa, who was scammed by Rafael, offered to help Rafael gain followers if he banned a known crypto scammer. Rafael received his followers and pretends to ban it. However, soon he claims he needs an additional $1000 as soon as he gains his followers as he claims that it destroys his engagement and that it is bad for brands. Finally, Rafael claims that the issue is not his concern, and blocked Aidan.