Three folks within the BC Inside have been degraded a mixed whole of $516,000 final month after investing cash into cryptocurrency web sites.
The RCMP have issued a warning to residents to be cautious when investing in cryptocurrency and to be cautious of anybody who pressures you into investing.
On Mar. 10, RCMP officers in Path acquired a report a couple of 47-year-old Fruitvale man who had established a relationship with somebody via social media and satisfied him to spend money on cryptocurrency.
Based on a information launch, the particular person offered the person a hyperlink to the web site and inspired him to speculate giant sums of cash.
Police say the person invested as much as $190,000.
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“After months, the person learnt that his cash and funding had disappeared after he transferred it to a third-party digital location outdoors of his account,” the information launch stated.
Two days later, on Mar. 12, police acquired a report about an 84-year-old girl who was defrauded $4,000 after investing in cryptocurrency via a social media platform.
About two weeks later, on Mar. 27, the police acquired a 3rd report of somebody being defrauded via a cryptocurrency web site.
The 50-year-old Rossland man began investing in 2021 and reportedly invested a complete of $322,000 right into a publicly out there web site.
In all three instances, the cash will not be recoverable.
“You’ll seemingly be scammed in case you spend money on cryptocurrency. The general public must take precautions and keep away from shopping for cryptocurrency,” stated Sgt. Wicentowich.
“You have no idea who you’re coping with nor the place your cash is definitely going to finish up. These sorts of investments are seemingly not insured or assure towards fraud and theft.”
