Dad is being scammed by a “crypto buisness”

[Prajwalrider294]

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Prajwalrider294
PARTICIPANT
May 5, 2025 at 4:36 am

My dad is deeply convinced—possibly deluded—that he will recover the money he invested in a so-called “crypto mining company,” which he believes is making him insane profits. He has put all his money into it, including the funds meant for my education. He strongly believes he will get all his investment back, but I don’t think that will ever happen.

I’ve tried to stop him several times—I even broke his phone, talked to him, and showed him clear evidence that it’s a scam. But he refuses to believe it. It’s not just him—there’s a whole group of people like him in a Telegram group that behaves like a cult.

As a 17-year-old, I feel completely hopeless. He’s reached a point where he sometimes doesn’t even have money for basic necessities. I just want to know: is there any way I can stop this? Are there any legal steps I can take to have my mother take over the financial responsibilities?

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[Mightywolf347]

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Mightywolf347
PARTICIPANT
May 5, 2025 at 6:57 am

Unfortunately, you can’t do much legally. Your father will need all of your support when it all comes crashing down.

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[Quickviplav8488]

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Quickviplav8488
PARTICIPANT
May 5, 2025 at 7:03 am

NAL – He is in an elaborate scam. All his money is lost.

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