Articles for tag: cryptocurrency scam, elder fraud, financial loss, investment security, Lincoln, Online Fraud, scams awareness

April 4, 2025

Lincoln Brothers Fall Victim to $1.36 Million Cryptocurrency Scam, Police Warn Against Online Fraud Risks

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 ...

January 3, 2025

Market News

Crypto

Protect Yourself: Essential Tips to Avoid Rising Crypto Scams in Lafourche County

In 2023, Louisiana residents lost a staggering $32 million to cryptocurrency scams, and authorities fear losses may rise this year. The FBI reports that crypto scams have surged dramatically, from around $1.75 billion to $5.75 billion over three years. Scammers exploit digital currencies like Bitcoin, often using kiosks to trick victims, particularly the elderly, into ...