A woman from St. Francis believed she had successfully invested in cryptocurrency, surprising her husband on their anniversary with what she thought were massive profits. Unfortunately, this turned out to be a scam that left them devastated. The woman initially invested $30,000, which quickly doubled, leading her to invest a total of $55,000. When she ...
A new cryptocurrency scam, known as the “pig butchering” scheme, is affecting residents of Kaua‘i, particularly the elderly. The Kaua‘i Police Department warns that scammers are pretending to be friends or romantic interests through social media or phone messages to build trust over time. They lure victims into investing money in cryptocurrency by promising high ...
An elderly man in Forest Lake lost nearly $1 million to scammers who convinced him to withdraw cash and deposit it into a cryptocurrency ATM. Another victim reported losing $600,000 before realizing he had been tricked. Police highlight the challenge in recovering funds once deposited into these ATMs, especially targeting vulnerable individuals like seniors. In ...
In Lincoln, Nebraska, two brothers, aged 76 and 77, fell victim to a cryptocurrency scam, losing over $1.36 million. The fraudulent scheme, which began in November 2024, involved a scammer promising to invest their money in stocks and cryptocurrency. The deception came to light when the stock Market dropped, and the brothers attempted to withdraw ...
Billboard warns the public about a cryptocurrency scam that fraudulently uses its name and trademark. These scams promise music promotion in exchange for payments, but they are not affiliated with Billboard in any way. Victims are encouraged to report such fraudulent activities to the Internet Crime Complaint Center. Billboard emphasizes that it never solicits money ...
A resident of Mokena successfully recovered over $100,000 lost in a cryptocurrency scam, thanks to the efforts of a local police detective and Will County prosecutors. The investigation began in September 2024 after the victim reported losing more than $150,000 through an online job scam that promised commission-based remote work. The fraudsters instructed the victim ...
Wausau Police are alerting residents about a new email scam related to cryptocurrency. These emails may falsely confirm a PayPal transaction for digital currency that the recipient did not actually make. The emails instruct victims to call a toll-free number to cancel the transaction within two days. Officials advise anyone who receives such emails to ...
In a shocking turn of events, the small Kansas town of Elkhart saw its close-knit community shattered after Shan Hanes, a respected banker, embezzled $47 million belonging to his neighbors for a cryptocurrency scam. Sentenced to 24 years in prison in August 2024, Hanes deceived residents who had trusted him for years, leading to the ...
Indian authorities have seized over $200 million connected to the BitConnect cryptocurrency Ponzi scheme. The Directorate of Enforcement tracked devices containing crypto wallets and uncovered a web of complex transactions that led them to various assets, including a luxury car. BitConnect promised investors astonishing returns of 40 percent through a sophisticated trading bot, but instead ...
Trisha Krishnan, the popular actress, recently faced a security breach as her X (formerly Twitter) account was hacked by scammers. A now-deleted tweet falsely claimed she was launching a new cryptocurrency called $KRISHNAN, complete with a link. Trisha quickly addressed the situation on her Instagram, assuring fans that the posts were not made by her. ...
