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Billionaires Duped by Phony VIP Pass Scam at Trump’s Davos Event Venue

It turns out that even billionaires can fall for scams.

USA House — a primary venue for the Trump administration at the World Economic Forum in Davos — issued a warning on its website Tuesday that some attendees fell victim to scalpers selling fake VIP access packages to the event space.

“Caveat Billionaires, it has been brought to our attention that again this year external parties are selling ‘VIP access to USA House’ and other Stromback Global venues in Davos,” the notice stated. “For the avoidance of doubt, USA House and Stromback Global do not work with any external resellers and we will not give access to people who purchased such packages.”

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“Volume of inbound queries this year suggests that these fake VIP passes may be the fastest selling fiction about Davos since Thomas Mann’s Magic Mountain,” the notice continued. “Our sympathies to those who fell victim to these scams.”

USA House exterior at the World Economic Forum

Pedestrians walk past the USA House during the annual meeting of the World Economic Forum (WEF) in the Alpine resort of Davos on Monday.  (Getty Images)

USA House did not immediately respond to Fox News Digital’s request for comment.

The venue is a public-private partnership that showcases the best of American innovation on the global stage, making its debut at Davos this year. The programming focuses on the nation’s 250th birthday, emphasizing themes of “opportunity, collaboration, and democratic values.”

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Although USA House’s website does not specify attendee registration costs, Fortune previously reported that attending the forum can cost up to $35,000 for elite badges, with yearly membership fees potentially reaching as high as $1 million annually for top-tier participants.

President Donald Trump spoke at the World Economic Forum on Wednesday, delivering a more than hourlong speech that covered a range of topics, including the performance of the U.S. economy, criticism of policies pursued by the previous Biden administration, and several European countries. He also expressed his desire to acquire Greenland for strategic national security reasons, criticizing Denmark’s investment in defending the territory.

READ MORE FROM FOX BUSINESS

It turns out that even billionaires can fall for scams.

USA House — a primary venue for the Trump administration at the World Economic Forum in Davos — issued a warning on its website Tuesday that some attendees fell victim to scalpers selling fake VIP access packages to the event space.

“Caveat Billionaires, it has been brought to our attention that again this year external parties are selling ‘VIP access to USA House’ and other Stromback Global venues in Davos,” the notice stated. “For the avoidance of doubt, USA House and Stromback Global do not work with any external resellers and we will not give access to people who purchased such packages.”

NVIDIA C.E.O. SAYS A.I. BOOM IS FUELING THE ‘LARGEST’ INFRASTRUCTURE BUILDOUT IN HISTORY

“Volume of inbound queries this year suggests that these fake VIP passes may be the fastest selling fiction about Davos since Thomas Mann’s Magic Mountain,” the notice continued. “Our sympathies to those who fell victim to these scams.”

USA House exterior at the World Economic Forum

Pedestrians walk past the USA House during the annual meeting of the World Economic Forum (WEF) in the Alpine resort of Davos on Monday.  (Getty Images)

USA House did not immediately respond to Fox News Digital’s request for comment.

The venue is a public-private partnership that showcases the best of American innovation on the global stage, making its debut at Davos this year. The programming focuses on the nation’s 250th birthday, emphasizing themes of “opportunity, collaboration, and democratic values.”

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Although USA House’s website does not specify attendee registration costs, Fortune previously reported that attending the forum can cost up to $35,000 for elite badges, with yearly membership fees potentially reaching as high as $1 million annually for top-tier participants.

President Donald Trump spoke at the World Economic Forum on Wednesday, delivering a more than hourlong speech that covered a range of topics, including the performance of the U.S. economy, criticism of policies pursued by the previous Biden administration, and several European countries. He also expressed his desire to acquire Greenland for strategic national security reasons, criticizing Denmark’s investment in defending the territory.

READ MORE FROM FOX BUSINESS