A 74-year-old Hanover Township, Lehigh County, man fell sufferer to a cryptocurrency rip-off that bilked him out of $53,000, state police mentioned.
Pennsylvania State Police in Bethlehem mentioned the man in June 2023 realized he was being duped. Investigators say the scheme concerned the sufferer offering monetary data to a rip-off artist, who then relayed to the man that they have been making numerous monetary investments. In actuality, they have been stealing cash, police mentioned.
Nathan Branosky, public data officer for the Troop M barracks, advised lehighvalleylive.com the man was in utilizing digital forex designed to work as an trade mechanism by means of a pc community that’s not reliant on any central authority, reminiscent of a authorities or financial institution, to uphold or preserve it.