OCONOMOWOC, Wis. — A retired woman in Oconomowoc misplaced her whole savings after falling sufferer to a cryptocurrency rip-off, as local police report an alarming improve in related circumstances over the previous 12 months.
RELATED: ‘A spiderweb of lies’: St. Francis man shares how his wife lost $80K in a crypto scam
Lee Ann Malec misplaced $24,000 when scammers satisfied her to switch her cash to a Bitcoin ATM, claiming it was the solely method to defend her checking account from fraudulent exercise.

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“Typically I get up and I shiver as a result of I can nonetheless hear his voice. It’s most likely one thing I’ll by no means recover from,” Malec mentioned.
The rip-off started when a webpage appeared on Malec’s laptop computer that she could not shut. She believed it was from Microsoft saying there was one thing unsuitable together with her pc, but it surely wasn’t. After calling the quantity displayed, a person informed her there was suspicious exercise in her checking account.

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“Microsoft got here up on my laptop computer, and I attempted to close down, and it would not shut down. So I referred to as the quantity,” Malec mentioned.
Malec even referred to as what she believed was her financial institution’s fraud division, which was truly one other quantity managed by the scammers.

Kin Cheung/AP
“He mentioned you would need to go to the financial institution. I mentioned, ‘I am not going to go to the financial institution. Are you positive that is taking place?’ He mentioned, ‘You do not perceive that is taking place in the financial institution and now we have to seek out out, we do not know who it’s,'” Malec mentioned.
Inside hours, the scammers had satisfied her to switch her whole savings of $24,000 to a Bitcoin ATM. Oconomowoc police mentioned as soon as the cash entered the machine, it was gone — probably transferred internationally.
Watch: Oconomowoc police warn crypto scams on the rise after local woman loses savings
Oconomowoc police warn crypto scams on the rise after retired woman loses savings
Malec mentioned in hindsight she needs she simply mentioned one thing to her financial institution teller throughout the incident.

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“The cellphone was with me in the financial institution, I want I had simply lifted it up,” Malec mentioned. “However my thoughts was not there. He had me very scared.”
The issue has turn into so widespread that Oshkosh Police have posted warning indicators on local cryptocurrency ATMs itemizing widespread rip-off situations, together with “Did somebody ship you to a Bitcoin ATM? It is a rip-off” and “Jury Obligation cost? It is a rip-off.”

Courtesy of Oshkosh Police Division
When Malec’s son-in-law referred to as the scammer the subsequent day to confront him about taking all her savings, the man reportedly confirmed no regret, utilizing profanity and stating he did not care.
“I do not know the way these individuals can rise up and take a look at themselves in the mirror in the morning, taking cash from individuals. I do not get it, I do not get it,” Malec mentioned.
Oconomowoc Police are investigating the incident.
This story was reported by a journalist and has been transformed to this platform with the help of AI. Our editorial staff verifies all reporting on all platforms for equity and accuracy.
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