After taking down one fraudulent site, financial firm goes after another.
Financial services firm KeyState Holdings, LLC has filed a second lawsuit to take down a domain name that fraudsters are using to dupe people into sending money.
In July, the firm filed a lawsuit and requested a temporary restraining order (TRO) against KeyStateHoldings(.)com after a KeyState customer told it that it lost $231,000 through a fraud perpetrated on the site. The judge granted the TRO.
Now, KeyState has filed an in rem lawsuit (pdf) against the domain KeyState(.)holdings, which the company says is perpetrating a similar fraud. Similar to the first case, the fraudster copied the “real” KeyState’s physical address and Nevada IDs and included them on the fake website.
KeyState says a defrauded consumer contacted it on September 1, saying he had lost $1,000 through the fake site. Someone contacted this consumer via Telegram to get him to invest money and apparently pretended to be both KeyState and cryptocurrency company Coinbase.
The real KeyState Holdings uses the domain Key-State.com.