The cryptocurrency industry, while brimming with legitimate innovation, has also been plagued by fraudulent schemes. A recent report from El Diario, a Spanish digital newspaper, sheds light on one such scam: Omegapro. This dubious cryptocurrency project, allegedly backed by renowned football stars, is accused of defrauding hundreds of investors of a staggering €3 billion.
The list of footballing legends associated with Omegapro is impressive and includes icons like Kaká, Luis Figo, Iker Casillas, Roberto Carlos, Fernando Hierro, Ronaldinho, Carles Puyol, and more. Some players endorsed the project through promotional events, while others did so on social media platforms. This high-profile endorsement played a significant role in luring unsuspecting investors.
One victim, Dolores, who lost her life savings of €18,000, expressed disbelief, stating, “How was it supposed to be a scam? If even the footballers were involved and the company’s logo was projected on the skyscraper in Dubai!” This sentiment echoes the trust many investors placed in the project due to the involvement of these footballing idols.
While the Spanish Securities Market Commission had flagged Omegapro as a non-transparent financial business two years prior to the scam, it failed to deter investors who were swayed by the allure of celebrity endorsements.
This is not the first time Ronaldinho has been linked to a cryptocurrency scandal. Last summer, he was implicated in the “18kRonaldinho” scheme, which promised unrealistic returns. Although he initially distanced himself from the project, claiming his role was limited to promotional activities, the incident raises questions about his involvement in such ventures.
As investigations unfold, it remains to be seen whether the football stars involved will face legal consequences for their endorsement of Omegapro. The case serves as a stark reminder of the risks associated with investing in unregulated cryptocurrencies, especially when influenced by celebrity endorsements. It highlights the importance of conducting thorough due diligence and avoiding impulsive investment decisions, even when backed by well-known figures.