Billionaires fall for fake VIP pass scam at Trump Davos event venue

It seems that even billionaires can fall for scams.

USA Home — a key venue for the Trump administration on the World Financial Discussion board in Davos — warned on its web site Tuesday that some attendees have been falling sufferer to scalpers promoting faux VIP admission packages to the occasion area.

“Alert billionaires, it has been delivered to our consideration that after once more this yr, third events are promoting ‘VIP entry to USA Home’ and different Stromback World places in Davos,” the message stated. “To be clear, USA Home and Stromback World don’t work with third-party resellers and we won’t present entry to individuals who have bought such packages.”

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“The amount of incoming inquiries this yr means that these faux VIP passes will be the fastest-selling fiction about Davos since Thomas Mann’s Magic Mountain,” it continues. “Our condolences exit to those that have fallen sufferer to this rip-off.”

Pedestrians stroll previous the USA Home through the annual assembly of the World Financial Discussion board (WEF) on the Alpine resort of Davos on Monday. (Getty Photos)

USA Home didn’t instantly reply to Fox Information Digital’s request for remark.

The venue is a public-private partnership that showcases the very best of American innovation on the world stage, making its first look in Davos. This yr’s programming focuses on the nation’s 250th anniversary and themes resembling ‘alternative, cooperation and democratic values’.

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Though USA Home’s web site doesn’t specify registration charges for attendees, Fortune beforehand reported that attending the discussion board may value as much as $35,000 for elite badges, plus annual membership charges — doubtlessly rising to $1 million yearly for high attendees.

President Donald Trump spoke at the World Economic Forum on Wednesday, he delivered a speech lasting greater than an hour that lined a variety of subjects, together with the efficiency of the U.S. financial system, criticism of the insurance policies of the earlier Biden administration and a number of other European international locations, in addition to his said want to accumulate Greenland for strategic nationwide safety causes and his criticism of Denmark’s investments in defending the territory.

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