The scammer will cold-call victims, direct them to a professional looking website. The website of fake investment with high yield return like the ones we have seen before on this forum but which we know are scam.
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According to other sources,
one of the scammers has been sentenced to five years and four months in prison, the other scammer was sentenced to six years and six months in prison.https://www.ainvest.com/news/crypto-fraud-duo-sentenced-12-years-1-5-million-pound-scam-2507/I always tell to myself and to other people this phrase when it comes to investing. "If it's too good to be true, it's not true." The fact that it has the phrase "high-yield return" is already a red flag for me therefore, it's a scam. Always be vigilant, and think twice whenever you're investing especially into these kind of scams. Learnings really are very expensive. You need to lose hundreds, thousands or even thousands of dollars just to learn which are scam and which are not.
As for the sentence, I believe we need a harsher sentence for these 2. I mean 64 and 78 months in prison? That's too low IMO. For me, a scammer will always be a scammer and as long as they know how to scam people, what they will just do whenever they release from jail is to hide themselves while scamming newbies. The sentence is too short if you will ask me, and they need to be in jail longer.