Mounties in Coquitlam are out with a warning after receiving a number of experiences of a cryptocurrency rip-off final month.
In a information launch, the detachment described the fraud and mentioned victims within the metropolis have already misplaced 1000’s of {dollars}. In an e mail to CTV Information, police mentioned they obtained two experiences in a single week, with the quantities misplaced ranging between $10,000 and $25,000.
In every case, in response to authorities, the scheme began with a cellphone name from somebody posing because the supervisor of their financial institution. The victims had been advised their accounts had been “compromised” and advised to withdraw their cash and deposit it right into a cryptocurrency machine as bait.
“A financial institution won’t ever instruct you to withdraw cash to transform it into cryptocurrency in any circumstance,” mentioned spokesperson Cpl. Alexa Hodgins.
“These tech-savvy fraudsters are sending their victims to cryptocurrency ATMs to make the transactions. The fraudsters keep on the cellphone to information the sufferer’s by means of the method.”
Hodgins additionally encourages anybody who has been a sufferer of this or some other rip-off to not be ashamed, and to report back to their native police division.
“Some of these frauds play on the sufferer’s feelings, and don’t have anything to do with the sufferer’s intelligence,” she mentioned.
Extra data kind the BC RCMP on common Bitcoin scams may be discovered on-line.