QFSPatriotsLedger was brought to my attention by followers of my TikTok account. A company claiming to protect funds before we merge into the QFS, the Quantum financial system. This all began with comments appearing in my TikTok comments by cloned accounts with my photo and variations on my name.
Then followers started receiving messages from a cloned account pretending to be me. This is where a lot of scams begin. So let’s dig deep into this scam and make sure no one else gets caught out.
Scammers search for reliable companies and websites and then use their names in their scams. The Patriot Ledger newspaper has been the South Shore’s newspaper since 1837. Based in Quincy. They then just as QFS into the name to make people think the scammers are working with the Quantum Financial System. Also by using the word Patriot it makes it sounds like it runs by Patriots fighting for the republic and using the word Ledger is used because one of the safest place to store your crypto is on a Nano Ledger.
You need to be really careful with anyone claiming they are linked to the QFS, Quantum Financial System, as it isn’t live to the public yet. The scammers will be working overtime to hoodwink people out of their cash claiming they are part of QFS because so many people don’t really understand it. Which makes it easier to con people. Also, it certainly wouldn’t be linked be such a basic company/site like this.
The QFS is bringing transparency and trackability to the world where the corrupt and the scammers can’t hide. Every transaction will only be able to be sent via the new ISO 20022 messaging system which every legit bank is now linked to ready to go. Once it goes live to the public everything we send will go via this and so crime and corruption won’t be able to hide as they will be able to see where everything goes and who to. Scammers won’t last long at all!
So for these guys to be claiming they are linked to the QFS it is like a wolf in sheep’s clothing.
These types of sites are being used to target people on social media. They find creators with a good following, then clone their accounts and then start messaging people pretending to be the creator the individual is following. I am seeing this a lot on sites like TikTok more and more every day. Where creators are having to make videos warning their followers of cloned accounts scamming people. So they definitely need to be stopped. They will be doing the same hundreds of creators and targeting hundreds of unknowing foll
Company Name: QFSPatriotsLedger
Owners: No names identified on the site
Type of Business – Claiming to be the most powerful Crypto Ledger
Rating – 0 / 5 Stars way too many red flags!
At first glance at this website, you can see how the untrained eye could fall for it. It’s a clean, sharp website. They have price indexes being updated on the values of crypto. They have selected images that could make it look legit but that’s where it ends.
The site is just a one-page website which should straight away set a red flag. This means they don’t have very much information to share with you. It’s very much first-glance information only. There isn’t anything that would require you to come back to read more, which tells me they do all their work via direct messaging people.
Direct Messaging Customers
Scammers like to use WhatsApp as its end-to-end encrypted. Which means no authority can see the messages being sent. As you send the message Whatsap encrypts the messages and then when you receive the message Whatsap then unencrypts the message so you can read it. It’s great for the average person to make sure hackers can get any information you sending but this also keeps the scammers safe too.
Scammers focus all their efforts on spamming outbound messages via direct messages to people on social media. They then ask them to contact them on Whatsapp. They use all sorts of techniques to do this. Spamming definitely doesn’t show signs of a safe or legit business. A successful legit business will spend money on advertising to reach customers and will also have a referral system where they pay current customers to bring in customers.
Where scammers use the technique of spamming out messages to people on social media. This should stand out as a red flag to anyone. Unfortunately, this is where they catch people and they do this by using scare tactics and fear-creating language to hook people in. Creating the fear of missing out emotion (FOMO) which makes you do things quicker as you aren’t thinking rationally.
They will use fear-based words like…
- Protect yourself from.. – implying you’re in danger of losing something
- Lose your money – creating fear or losing what you have
- Miss out – could miss this if you don’t hurry
- Limited time – implying you need to be quick which makes you nervous
- Beware or Be careful – creating the fear that you need help
They use fear-based language to put you in a fear state. While you are in a fear state it is very difficult to think straight, make rational thoughts or make decisions. You think you need someone else’s help instead of trusting your own thoughts, so end up relying on someone else to tell you what to do. When you put that trust into the hands of the scammer you’ve lost already.
If you get someone messaging you and you hear and see any fear-based language or the chat is making you feel worried or nervous.
Just walk away, end the chat and block them!
When checking company websites there are key things I check first.
- Content of the site because this is where they represent themselves
- Check the menu and the links
- How much detail is there about the company
- Check image and logo quality
- Does it have a history of the business
- Is it certified by anything or any business or financial institution
- Having a Trust mark is a great sign too
Content of site
QFSpatriotsledger’s is just a one-page website which isn’t a good sign straight away. This in itself doesn’t mean it’s dodgy but it doesn’t show signs of a very solid business. The reason for this is it hasn’t been well thought out. A solid company will put a lot of time and money into designing its website as this is its shop window. What the customers see before they enter.
Menus and Links
I went straight to the links to see if they had other pages. There are standard pages to look for like disclaimer pages, about us pages, company history or company information pages. No additional pages were present which also means they don’t want to share much information, which is another red flag. There weren’t even any pages about the owners or where they are based. So in others where there was no way of getting back to them if something happened, ie untraceable. Only a contact us box to an email setup for this website. So once they have you and take your money or crypto they can never be found.
The only menu on the site just took you to positions on the single-page site. So instead of sending you to a new page with more information it just moved you further down the page.
Even the About QFSPatriotsLedger was so vague claiming to be the best and have loads of clients but no reviews on their site. It’s always easy to say you have something but with nothing to back it up you need to take it that they don’t have them.
Also several bad English mistakes in the About section. This can also be an extra sign that it is a scam. When they don’t get the English language correct or it doesn’t read correctly. Which in itself is a silly mistake that no real company would make. Their content would be checked by software and editors for grammatical errors and structure.
The ONE-CLICK EASY hook
The one-click easy approach is part of the techniques they use. Targeting people’s vulnerable points. It’s easy to do. Targeting people that maybe scared of losing their crypto or even people who might be new to crypto. People who might be starting in crypto because they were recommended to by friends and family and people will have minimal knowledge.
To hook them in they are offering the easy approach. They even say their site is designed for people who have never used an exchange! So they are even telling you that’s who they are targeting. They hide all the details and do it behind the scenes. While they steal your money.
Company History or information
On QFSpatriotsledger.com there is no history of the company or even who owns it. The only detail is that it has been around since 2015. I think we would have come across this by now. It’s nice an easy to add a number. Maybe it might have been more believable if it was more recent.
Images and Logo Quality
The images they use are just standard logos and icons and also they have added a live trade link which shows the current prices which is really easy to add to a site. So nothing that makes it anything special. They have really tried to do too much. They have just kept it basic.
Images and logos are a great way to spot scams as you get a lot of fake websites pretending to be real companies. They copy real websites, the best they can, to trick you into thinking they are the company to get user and credit card data to steal funds. The images they use, in my experience, tend to be less quality, fuzzy around the edges and pixelated. This is usually because they have copied the logo from somewhere and tried to add to emails or websites. They may also copy companies and change them slightly like a UPS scam I saw where they looked the same but the company was USP instead. Same colour, same font but slightly different name. So a first glance you think it’s legit.
Linking to Your Wallet
One issue that has appeared that makes QFSPatriotsledger become a scam is they start messaging you telling you that you need to protect your crypto before you move into the QFS. They then send you the link to the QFSpatriotsledger website and they tell you first you need to link your crypto wallets to their exchange. All the time telling you they can help protect your crypto before they move it into the Quantum Financial System. Once you’ve linked your wallet though you will never see your crypto again.
This probably isn’t the only line they use as the site says it takes a variety of investors. So it could be they use all sorts of hook lines scams to send people to this site to them steal their crypto.
There are hundreds of different scams out there. Similar in style but always look and sound slightly different. The techniques though are similar as there is always a hook of fear, followed by a way they can help you and then some payment or service they can provide. Then once they have your money they will be gone. They like to use social media because they can easily block you straight away afterwards and you then have no way of getting back in touch with them. Just one click and they are gone.
WARNING – Never send anyone your crypto no matter how good it sounds. Whether it’s for great returns or in this case pretending to be the system that they are arent. Keep your crypto on a PRIVATE WALLET that only you have access to.
What is a Private Wallet
A private wallet gives you a keyphrase made up of 12 to 15 random words. Without this phrase in the exact order, you can’t access the wallet. So never store this on a computer or digitally. Just write it on a piece of paper and store it somewhere safe offline.
If you ever lost your phone or your laptop broke you would download the Trust Wallet app again for example and then click already have a wallet’. It would then ask for the key phrase first. Then it would ask for the usual like name, email address, phone number etc. But without this key phrase, you will never gain access again.
Examples of Private Wallets are Trust Wallet and LOBSTR. Both of these two will give you a key phrase when you register for a wallet. This is randomly generated and only you will see it.
My Final Verdict
Company Name: QFSPatriotsLedger
Rating – 0 / 5 Stars – SCAM
In my opinion, I would stay clear of any dealings with this site. Way too many red flags highlighting techniques that scammers to say it’s just another scam website. Scammers social media accounts to spam messages and hook people in and then direct them to websites like this. While as they say ‘they do everything being the scenes’, they take your crypto and you never see it again.
No names of anyone on the website, No company history, no nothing apart from a few paragraphs saying how great the company is. No even any fake reviews. They have just put together a quick website to steal money from hard-working individuals. These types of sites keep going until they get caught and then they take the site down and create a new site under a different name and carry on.
All you can do is stay vigilant and learn what to look for to see if they are scamming people.
Check out my How to spot internet scams for tips and tricks to stay safe.
TIP: You need to be very careful when it comes to anything to do with crypto. Never send your crypto to anyone and never tell anyone the secure phrase of your private wallet. Stay safe at all times.
Hi, I’m Graham, I am the founder and creator of grahamhodsdon.com. I hope you found this article helpful. Scammers are everywhere, they won’t go out and work for money. These low-vibrational people prefer to steal money from struggling families instead.
I will always try and fight against this and try to help people be safe. There are scammers using all types of media to con people. They are using phone calls, text messages, WhatsApp, social media and across the internet. They target people and use techniques to put fear into them so that they end up sending money or crypto to them. All we can do is stay sharp and stay a few steps ahead of them by learning how to spot telltale signs so we don’t get caught out.