Business magnate, Sam Jonah, has asked the public to disregard reports and publications which quoted him to have said he has become financially successful as a result of the “new crypto currency auto-trading programme called Bitcoin Loophole.”

A recent publication mentioned that the CEO of Jonah Capital in an interview with GBC 24 made the disclosure.

"You may have heard about this new cryptocurrency investment platform called Bitcoin Loophole that’s helping regular people in Australia, Asia and North America build fortunes overnight. You may be skeptical because it sounds too good to be true."

“I get that because I thought the same thing when a trusted friend told me about it. But after seeing with my own eyes how much money he was making, I had to try it for myself.

“I'm glad I tried it because it was some of the biggest and easiest money I've ever made. I'm talking millions of USD a day on autopilot. it’s literally the fastest way to make a windfall of cash right now. And it’s not going to last for much longer when more and more people find out about it. Or when banks shut it down for good,” he was quoted as saying.

But Mr. Jonah in a brief statement said the report is untrue.

The statement reads: “My attention has been drawn to stories within the media in which it is alleged that I gave an interview to GBC News 24, in which interview, I attributed my more recent financial successes to a ‘new cryptocurrency auto-trading programme called Bitcoin Loophole’”.

“I hereby entreat the general public to treat the news as fabricated, and give my personal assurance that I have not now, nor have I ever, made the claims attributed to me by some web and social media sites.”