LIHUE – The Kauai Police Department (KPD) is warning the public, particularly kupuna, a few fast-growing cryptocurrency scam.
On this scam, victims are first contacted by scammers posing as pleasant people, typically by way of social media, telephone calls or textual content messages. Over time, the scammers construct a relationship with the sufferer and ultimately persuade them to spend money on cryptocurrency, promising excessive returns. Nevertheless, the funding is pretend, and as soon as the sufferer transfers their funds, the scammers disappear with the cash.
This sort of scam, generally known as a “pig butchering” scam, includes scammers constructing belief over time to emotionally manipulate victims into making monetary choices.
Relations and caregivers are strongly inspired to evaluation the next warning indicators and security suggestions with aged family members.
Warning indicators:
• Unsolicited contact from a stranger, typically posing as a possible good friend or romantic curiosity.
• Guarantees of simple, excessive returns by way of cryptocurrency investments.
• Requests to behave rapidly or maintain the matter secret from others.
• Strain to ship cash or use unfamiliar cryptocurrency platforms, apps, or machines.
Methods to shield your self:
• Don’t ship cash or cryptocurrency to somebody you’ve solely met on-line.
• Be skeptical of unsolicited messages, particularly these from individuals you don’t know personally.
• Keep away from downloading unfamiliar apps or clicking on suspicious hyperlinks or QR codes.
• Seek the advice of with members of the family or trusted associates earlier than making any monetary choices.
KPD urges all residents to stay vigilant and take the mandatory precautions to guard themselves from this ongoing scam. Report any suspicious calls or messages to KPD Dispatch at (808) 241-1711.
