There is no such thing as a free lunch$ETH ‌

Hello everyone, welcome to Teacher Youzai’s series exposing illicit industry schemes. This series only aims to reveal the truth behind the black- and gray-market industry chain and prevent everyone from going astray. In the current black- and gray-market industry chain, no-deposit money laundering can be called the most classic scam. Many people who want to make quick money seek out illicit projects that promise fast profits, but many such projects require a deposit. Here, let me add an aside: most illicit projects that require deposits are scams designed solely to defraud you of your deposit.

Do you know what a no-deposit money-laundering scam is? When you see someone on Telegram or another platform advertising “no-deposit money laundering,” “get paid first, worry later,” “funds safely frozen,” and “full compensation guaranteed,” and they tell you to confirm that the payment has arrived without any issues before messaging them to run another transaction, doesn’t your heart start racing? Unfortunately, this is yet another scam.

Returning to the no-deposit money-laundering scheme, many people think, “If I can launder money without putting down a deposit, can’t I make a fortune?” After all, people online say that helping launder money can earn quite a lot. Some people are also actually thinking about stealing money from these illicit operators; since no deposit is required, they do not care how much is transferred—if 1,000 is transferred, they will steal 1,000; if 10,000 is transferred, they will steal 10,000. In fact, the scammers are exploiting precisely this mindset.