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Waterloo residents have lost $430K to crypto scams this year

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Avatar for madjara
Written by   44
8 months ago

Bitcoin scammers have thus far proven to be unstoppable in Canada.

Waterloo, Ontario is the first Canadian city to issue a general warning after 78 residents were duped by crypto scammers in 2020.

According to Global News, Waterloo residents have lost more than $430,000 so far this year, with 29 of the 78 falling victim in July alone. 

As previously reported, fraudsters have been impersonating government officials, asking victims to deposit money in various Bitcoin (BTC) ATMs under the threat of legal ramifications. 

Scammers told one resident that more than 25 bank accounts had been opened under his name, and then used to launder money. He was instructed to deposit over CAD $10,000 in various BTC cash machines to resolve a fake legal warning related to the supposed allegations.

The increasing number of cases encouraged the Waterloo Regional Police Service to launch a “Fraud Awareness” campaign in an effort to prevent people from falling victim to these scams.

The Canadian Anti-Fraud Center also released figures related to Bitcoin-related telephone scams, seemingly confirming the authorities findings. In the first seven months of 2020, the center received 23,655 reports of fraudsters calling victims to ask for Bitcoin payments.

Jeff Thomson, senior intelligence analyst of the Royal Canadian Mounted Police, told Global News:

“We did see a dip in these calls through April and May, but as things have come back online, we’ve seen a great increase in scam calls.”

However, he clarified that not all the people who reported such scam calls had lost money. Some were prevented from engaging with the scammers by the authorities, though no figures relating to prevention were provided.

Thomson also said that the Canadian Radio-television and Telecommunications Commission is working to trace the calls performed by the scammers.

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Written by   44
8 months ago
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Comments

Nije moj fah ali svaka čast za trud , svako piše ono u čemu je dobar , zanimljivo mi je da čitam uvek ima nešto novo da se nauči

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8 months ago

prvo se rodi lopov pa tek se onda napravi ono sta bi mogao da ukrade i tako je od pamtiveka

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8 months ago

Botcoin je vrlo zajeban mom drugu je pokradeno 7 btc za svega 2.17 min a i ti hakeri dosadni vise svako malo pa im nesto smeta

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8 months ago

Zaista zanimljiv clanak o BTC. Sve na netu je u nekom riziku. Ništa nije vecno.

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8 months ago

Najiskrenije, onaj ko me poznaje dobro zna da ja nisam za bilo kakve kripto valute, ne kazem da nisu dobre ali nekako ja vise volim kes! Da, reci cete da je i ovo kres, pretvoris u $€ sta god i povuces novac na banku ili kako god. U pravu ste,.. ipak ja volim money money! Cash brate mili. 😉

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8 months ago

Jadni lopovi. I oni maraju stalno da uce i da se usavrsavaju za razne tehnologije. Ako ne napreduju u obrazovanju, ne mogu ni da ukradu kao ljudi

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8 months ago

Hvala na informaciji.Nisam znala za ove prevarante kojih ima na svakom koraku.

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8 months ago

Taj Bitcoin koliko god da je dobar toliko i nije. Dokazano je da je u toj svojoj anonimnosti podložan razno raznim manipulacijama a o krađama da i ne govorimo.

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8 months ago

Slazem se, ali sta je tu je...

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8 months ago

Mene plaše takozvani prljavi bitkoini, ilegalne stvari plaćene BTC valutom, onda komadić toga, putem online poslova zaluta u vašem walletu i Coinbase recimo ima pravo da vam zamrzne profil zbog toga.

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8 months ago

There will be more and more such examples

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8 months ago