Dominguez's Name Used in Fake Crypto Scam Exposed
Finance Secretary Carlos 'Sonny' Dominguez III has been falsely linked to an investment scam using his name. A website called nitify.com published a fake article claiming that Dominguez endorsed Bitcoin Revolution, an automated trading program for cryptocurrencies.
The article included screenshots of what appeared to be Dominguez's money transfers using the platform and quoted him as saying, 'What made me successful is jumping into new opportunities quickly, without any hesitation. And right now, my number one money-maker is a new cryptocurrency auto-trading program called Bitcoin Revolution.' However, this quote was completely fabricated.
The Department of Finance has repeatedly warned the public about investment scams using names of finance and treasury officials. In fact, Dominguez himself sought help from the justice department in July to stop these unscrupulous schemes.