Saturday, November 29, 2025
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Cryptocurrency

Local man loses $22K in Bitcoin scheme

cryptonews100_tggfrn by cryptonews100_tggfrn
November 29, 2025
in Cryptocurrency
0
Local man loses $22K in Bitcoin scheme
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Sign up an get up to $1000 USDT!


WEST PALM BEACH, Fla. — A West Palm Seashore man in his late 70s misplaced $22,000 after falling sufferer to a classy Bitcoin scheme that started with a faux Amazon fraud alert, police mentioned.

It began with a fraudulent textual content message showing to come back from Amazon, claiming the sufferer’s account had been compromised. The sufferer then obtained calls from somebody figuring out himself as “Agent John Krebs” with the Federal Commerce Fee, calling from a Washington, D.C. quantity.

WATCH BELOW: $22K Bitcoin Scheme: West Palm Seashore police warn of vacation fraud

$22K Bitcoin Scheme: West Palm Seashore police warn of vacation fraud

The caller advised the man he was beneath investigation for cash laundering and directed him to deposit $22,000 right into a Bitcoin ATM at a fuel station alongside South Dixie Freeway in West Palm Seashore to resolve the matter.

“No authorities company goes to contact you that you must make a fee at a Bitcoin kiosk. That may be a pink flag,” mentioned Rachel Leitao, public data officer with the West Palm Seashore Police Division.

Police at the moment are warning residents concerning the growing variety of fraudulent schemes throughout the vacation season.

“We see an uptick in scams like this across the vacation season,” Leitao mentioned.

The warning comes as cryptocurrency-related fraud continues to surge nationwide. The American Affiliation of Retired Individuals experiences $9.3 billion was misplaced final 12 months because of cryptocurrency-related fraud, with these 60 or older dropping $2.8 billion of that complete.

John Klingel, another local victim, advised WPTV in April that he misplaced roughly $38,000 to fraudsters who pressured him to deposit cash right into a Bitcoin kiosk.

“These persons are simply extremely artful, very slick, very convincing,” Klingel mentioned. “It is a sinking feeling. You’re feeling victimized.”

As a protection in opposition to these scams, West Palm Seashore police are encouraging residents to join Operation Senior Shield, a free alert system that sends updates on the most recent scams to assist seniors acknowledge pink flags and shield their private data.

“It actually focuses on ensuring that there is consciousness surrounding these monetary and fraud scams,” Leitao mentioned.

Klingel mentioned he plans to join this system.

“Sure, completely. I might do this,” he mentioned. “These criminals are ruthless.”

The investigation into the West Palm Seashore sufferer’s case stays ongoing. Police mentioned alerts from Operation Senior Defend will start subsequent month.

Ideas from police on easy methods to keep away from turning into a sufferer:

  • Confirm the supply. When you obtain a suspicious textual content, electronic mail, or name, contact the corporate or company instantly utilizing an official cellphone quantity or web site—by no means use the quantity supplied by the caller
  • Authorities businesses don’t name demanding cash. The FTC, IRS, and regulation enforcement won’t ever ask you to ship cash, present reward playing cards, or use cryptocurrency
  • Don’t share private data. By no means ship photographs of IDs, financial institution particulars, or verification codes to unsolicited callers or textual content messages
  • Discuss to somebody you belief. If one thing feels off, pause and converse with a member of the family, pal, or native regulation enforcement
  • By no means deposit cash into bitcoin kiosks on the request of a monetary establishment or company. Requests to switch funds via bitcoin ATMs or unfamiliar apps are main pink flags

This story was reported on-air by a journalist and has been transformed to this platform with the help of AI. Our editorial crew verifies all reporting on all platforms for equity and accuracy.





Source link

Related articles

Cryptocurrency Exchanges Brace for Japan’s New Regulations

November 28, 2025
Barcelona distances itself from sponsor’s cryptocurrency after backlash

Barcelona distances itself from sponsor’s cryptocurrency after backlash

November 28, 2025
Tags: 22KBitcoinLocalLosesManscheme
Share76Tweet47
Drive and walk to earn crypto!

Related Posts

Cryptocurrency Exchanges Brace for Japan’s New Regulations

by cryptonews100_tggfrn
November 28, 2025
0

Circle Web Group Inc. shares have been buying and selling up by 11.22 p.c pushed by anticipated strategic partnership bulletins....

Barcelona distances itself from sponsor’s cryptocurrency after backlash

Barcelona distances itself from sponsor’s cryptocurrency after backlash

by cryptonews100_tggfrn
November 28, 2025
0

Liv McMahonKnow-how reporterEPAThe Spanish soccer big Barcelona has informed followers it has "no connection in any way" with the digital...

Decoding the Evolving Landscape of Cryptocurrency

Decoding the Evolving Landscape of Cryptocurrency

by cryptonews100_tggfrn
November 28, 2025
0

Are you able to sense the shift brewing in the cryptocurrency world? The age-old patterns previously governing this realm, particularly...

Mastering Cryptocurrency Trading: A Comprehensive Guide for 2024

Mastering Cryptocurrency Trading: A Comprehensive Guide for 2024

by cryptonews100_tggfrn
November 28, 2025
0

What's Cryptocurrency Buying and selling? Cryptocurrency buying and selling is the act of speculating on cryptocurrency value actions by way...

Crypto’s Role in Iran’s Global Terrorism Exposed by New Lawsuit Against Binance

Crypto’s Role in Iran’s Global Terrorism Exposed by New Lawsuit Against Binance

by cryptonews100_tggfrn
November 27, 2025
0

The emblem of cryptocurrency change Binance. Illustration: Reuters/Dado Ruvic Cryptocurrency has come beneath growing scrutiny for its alleged function in...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

Local man loses $22K in Bitcoin scheme

Local man loses $22K in Bitcoin scheme

November 29, 2025
How a Weak US Jobs Market Is Squeezing Bitcoin and Crypto

How a Weak US Jobs Market Is Squeezing Bitcoin and Crypto

November 29, 2025
Early reversal signals in Bitcoin hint at imminentpullback

Early reversal signals in Bitcoin hint at imminentpullback

November 29, 2025

Categories

  • Bitcoin
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Exchanges
  • Pokadot
  • Polygon
  • Real World Assets
  • Shiba Inu
  • Solana
  • sui
  • World Liberty Financial
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (168) Altcoins (124) Bitcoin (792) BTC (196) Buy (307) Cardano (368) ChainLink (273) crypto (1061) Cryptocurrency (331) DOGE (156) Dogecoin (368) DOT (121) ETF (231) ETFs (128) ETH (206) Ethereum (508) eyes (112) gains (115) Inu (273) investors (131) Launch (119) launches (126) Link (111) market (334) million (128) News (419) Polkadot (213) POLYGON (166) prediction (249) Presale (208) price (779) rally (179) Remittix (122) RWA (162) SHIB (117) Shiba (283) Solana (434) Sui (276) today (122) token (136) top (240) TradingView (134) Trump (156) world (109) XRP (601)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
  • Crypto Related DEALS

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.