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6 Comments
Hello identiifiication. It looks like you might have found a new scam? If so, please report this scam by crossposting to r/CryptoScams, r/CryptoScamReport, or visiting [scam-alert.io](http://scam-alert.io/). For tips on how to avoid scams, [click here](https://www.reddit.com/r/CryptoCurrency/comments/s7srty/crypto_scams_how_not_to_fall_for_them_what_to_do/).
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tldr; A Taiwanese student, Zhang, was convinced by his friend Liao to amputate his legs in a $1.3 million insurance scam. Liao, facing cryptocurrency losses, tricked Zhang into signing a note for $800,000, then persuaded him to take out insurance policies and file a false claim. They caused frostbite by using dry ice, leading to the amputation of Zhang’s legs. The pair were arrested and charged with fraud and aiding serious injury. Zhang received a $7,200 payout, which will be seized, and other claims were canceled due to suspicion.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Even FTX had a better scheme than these guys
Bullish
>However, his claims were denied due to suspicions arising from the proximity of the policy purchase dates to the filing of the claims. […] Liao then used cable ties to restrain Chang to a chair and he immersed his feet into a plastic bucket filled with dry ice. Chang endured the pain from 2 a.m. until 12:20 p.m., while Liao recorded and took photos of the incident.
God, they are so stupid.
Very dishonorable.