FRAUD ALERT : Two Fraudsters Are Under Investigation By Police, Others Are Still Active !!

Two fraudsters are under investigation carried out by Royal Canadian Mounted Police or RCMP. They alleged that fraudsters impersonated the local authorities and extort money in the form of Bitcoin (BTC). 

According to the local news agency, one of the victim received a call from one the fraudster who claimed that he's from Canada Revenue Agency (CRA) and other victim said that scammer claimed that he's from Royal Canadian Mounted Police (RCMA). 

WHERE IS BITCOIN ?

Well the whole thing looks like proper traditional fraudulent activity but fraudsters asked victim to deposit money in bitcoin, which makes it Bitcoin Crime !! 

The report presented by authorities states that both of victims were asked to withdraw money from bank accounts and deposit it in the Bitcoin machine, otherwise the scammers will arrest them. This individual victim lost his 12,000 CAD ($ 8,836) in scam.

Another victim was scammed by the fake RCMP officer. That fake officer told victim that his insurance number had been compromised and there were multiple fraud allegations against him. Fake RCMP officer asked victim to withdraw money from bank account as in the previous case, and deposit it in the Bitcoin kiosk.

TOTAL AMOUNT LOST IN THIS SCAM

According to the RCMP report, individuals lost over 21,000 CAD ($ 15,460) in scam. RCMP office warned people to contact immediately to office if they experience any suspicious or fraudulent activity. 

Chantelle Kelly, Strathcona County's RCMP officer, commented : 

"There is no circumstance where police will contact individuals requesting Bitcoin. These scammers typically contact hundreds of people hoping someone will send them money."

Though there are hundreds of pros of cryptocurrency like decentralisation, transparency, etc. But this types of activities add con into the crypto community. Criminals are also getting smarter recently I posted an article in which scammers are developing same website as ripples official website and Scamming people, so keep yourself updated about these activities and cross check before sending money to anyone for any reason. 

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