Cryptocurrency websites; and appear to be involved in fraud against California consumers


The California Department of Financial Protection and Innovation (DFPI) has received a complaint from a California resident regarding, and

A California resident told DFPI that he was the victim of a complex cryptocurrency trading fraud. He was persuaded by two WhatsApp and Telegram contacts whom he believed to be friends, “Alina” – who claimed to be a financial adviser – and “Mr. Make” – who described himself as a mentor who could help develop a trading plan – to open a cryptocurrency trading account and invest money for profit.After making an initial investment of $5,000, the victim borrowed $25,000 from his 401K and took out a personal loan of $50,000 after learning that he could make a profit of $150,000. He was able to make two successful withdrawals totaling $1,100, but no more after that. After several months of “guiding”, Alina and Mr. Make disappeared.Victim tried several times to communicate with HND Global via email and chat, but received no response.Victim claims that the website has been moved several times from hnd-global .com to and finally to These claims have not been verified by DFPI.

This appears to be what is commonly referred to as an “advance fee system”, which can take many forms, as noted here: crimes/advance – fee schemes.

The DFPI urges consumers to exercise extreme caution before responding to any solicitation offering investments or financial services. To verify whether an investment or financial services provider is licensed in California, consumers may contact the Department with questions or inquiries at [email protected] or call toll-free at (866) 275 -2677. If a consumer believes that a person or business has violated state law or acted improperly regarding a consumer financial product or service, they can file a formal complaint with the DFPI at https://


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