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Cryptocurrency Scams Surge in NH: How Scammers Manipulate Investors and What You Can Do to Stay Safe

Community Safety, Consumer Protection, cryptocurrency scams, Fraud Awareness, Hampton Police, New Hampshire News

Hampton police are addressing a rise in cryptocurrency scams that have cost local residents over $2 million in losses over the past two years. During a recent forum, authorities expressed concerns about the sophistication and organization of these scammers. Detective Chris Keyser urged everyone to be cautious, especially if approached by unfamiliar individuals asking for money or discussing crypto. Senator Maggie Hassan, who also experienced a scam attempt, emphasized that people shouldn’t feel guilty if they fall victim and highlighted the need for better regulations on cryptocurrency exchanges to protect consumers. The police have been enhancing their training and resources to tackle this growing issue effectively.



Hampton Police Warn Residents About Rising Cryptocurrency Scams

Hampton, NH – In recent weeks, the Hampton Police Department has been responding to a significant increase in complaints from residents falling victim to cryptocurrency scams. Law enforcement has expressed concern over the sophisticated methods used by scammers, which have led to substantial financial losses.

At a community forum held at the police headquarters on Friday, February 14, officials revealed that residents have reportedly lost over $2 million in cryptocurrency scams over the past two years, a figure that likely only represents victims who have come forward. Detective Chris Keyser emphasized the importance of vigilance when approached for money, especially from unknown individuals online. “If it is too good to be true, it’s too good to be true,” he cautioned.

One local resident, Jennifer Roussin, shared her harrowing experience. Roussin was scammed out of nearly $25,000 after being tricked by someone pretending to be from PayPal. The scam escalated when she was connected to an alleged federal agent, who directed her to load money into a Bitcoin ATM for a fictitious sting operation. Her ordeal ended when a bank representative intervened upon overhearing the scammer’s instructions.

Senator Maggie Hassan, who organized the forum, also recounted her own close call with a scammer impersonating a pharmacy employee. She reassured residents that falling victim to such scams is not their fault and called for more accountability for offenders.

The Hampton Police Department is dedicating resources to better understand cryptocurrency scams, with support from the New Hampshire Attorney General’s office. They highlighted the need to educate the public about potential red flags. Senator Hassan expressed support for federal legislation to regulate cryptocurrency exchanges similarly to banks, aimed at protecting consumers and establishing a paper trail for victims seeking refunds.

With the growing presence of cryptocurrencies in daily life, authorities urge residents to remain cautious. Residents are encouraged to think critically about online interactions and avoid any offers that sound too good to be true.

For more information on protecting yourself from cryptocurrency scams and to stay updated, visit collaborative news sources in New Hampshire.

Tags: Hampton Police, Cryptocurrency Scams, NH News, Community Safety, Senator Maggie Hassan, Crypto Fraud Awareness.

What are cryptocurrency scams?

Cryptocurrency scams are tricks that criminals use to steal your money or personal information related to cryptocurrencies. These scams can involve fake websites, phishing emails, and fraudulent investments that look real but are designed to cheat you.

How can I spot a cryptocurrency scam?

Look for signs like promises of big returns with little risk, poor grammar on websites, and requests for personal information. If something seems too good to be true, it probably is. Always do research before investing.

What should I do if I think I’ve been scammed?

If you think you’ve been scammed, act quickly. Report it to the police, inform your bank, and change any passwords for your accounts. Keep any records of your communications and transactions, as this can help in the investigation.

Is it safe to invest in cryptocurrencies?

Investing in cryptocurrencies can be risky. While some people make money, many also lose it. Always research before investing, use trusted platforms, and never invest more than you can afford to lose.

How can I protect myself from cryptocurrency scams?

To protect yourself, educate yourself about different types of scams. Use strong passwords, enable two-factor authentication, and only use reputable exchanges. Stay informed and cautious about who you share your information with online.

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