Mrbeast Offers $100K Bounty After Scammers Impersonate His Charity Team Water, Defraud Investor Of $1.25M
The fraudsters managed to trick Swedish entrepreneur Erik Bergman, founder of Great, into losing $1.25 million through what now appears to be a sophisticated charity-based crypto con.
Team Water initiativeMrBeast launched Team Water on August 1, 2025, with the ambitious goal of raising $40 million to fund clean water projects in underserved regions. Bergman was among the early backers, pledging $1 million, a commitment that MrBeast publicly acknowledged.
This show of support, however, became the opening that fraudsters exploited.
Elaborate impersonationThe scammers, posing as Team Water representatives, lured Bergman with the promise of a trip to Africa to witness water wells being built alongside celebrities and influencers. To strengthen the ruse, they impersonated well-known figures including Mark Rober and Adin Ross, presenting themselves as crypto executives and investors.
They escalated the deception by introducing a supposed cryptocurrency partnership, even using someone impersonating MrBeast to promote a fake token.
Bergman's $1.25 million lossBergman first invested $500,000, followed by another $750,000, after being convinced that other wealthy donors had joined and that the token's value was already rising.
His doubts grew when he noticed inconsistencies, such as a supposed US influencer using a British phone number. The truth came out only after a direct call with MrBeast.
“It felt like a punch in the stomach,” Bergman said.
Call for justiceMrBeast condemned the scam and stressed his determination to hold those responsible accountable.
The $100,000 bounty is aimed at encouraging tip-offs to track down the perpetrators.
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