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Cryptocurrency scams and frauds continue to rise

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May 10, 2025
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Cryptocurrency scams and frauds continue to rise
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On Might 14, 2025, the South Bruce Ontario Provincial Police (OPP) might be internet hosting two data periods on frequent frauds and cryptocurrency scams.

This yr alone, residents of Southern Bruce County have reported losses amounting to over $350,000 stemming from on-line cryptocurrency scams. In efforts to additional educate the general public, police are internet hosting two occasions discussing on a regular basis scams. Moreover, South Bruce OPP might be joined by a member of the Provincial Asset Forfeiture Unit (PAFU) who might be discussing digital foreign money.

Occasions will happen at:

  • Walkerton Legion, 505 Scott Avenue, Walkerton – 10:00 a.m.
  • Davidson Centre, 601 Durham Avenue, Kincardine – 1:00 p.m.

No registration required to attend, nevertheless area could also be restricted.

OPP continue to urge residents to be cautious when participating in digital foreign money transactions and investments. Scammers typically use fraudulent paperwork marked with logos and wording that may seem reputable, which leads the sufferer down a path of surrendering private data and banking particulars beneath the idea they’re conversing with a reputable supply.

In case you obtain any documentation that seems suspicious to your scenario, contact the corporate or monetary establishment in particular person or instantly by a quantity you already know to be theirs; not the telephone quantity or e mail the doc advises to do, because it might be fraudulent. Do NOT click on on any hyperlinks.

For extra data on fraud, you possibly can contact the Canadian Anti-Fraud Centre at 1-888-495-8501 or http://www.antifraudcentre.ca



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