Leawood police recover $19K in cryptocurrency scam after victim deceived by ‘Bitcoin ATM’
Leawood police have recovered over $19,000 for a victim of a cryptocurrency scam after successfully tracing and seizing the funds.Police say the victim was deceived into purchasing cryptocurrency at a “Bitcoin ATM” as part of the fraudulent scheme.The department reports it has traced, seized, and recovered stolen funds from such scams more than a dozen times, totaling over $1 million.Leawood police offer these tips to avoid being scammed:Be wary of someone claiming to represent a company you already use, offering better rates or stating you owe the company money.Avoid promises of exceptional investment opportunities with high returns, such as “100% return” or “double your money.”Watch out for individuals claiming to be from the government or law enforcement who threaten penalties.Be cautious of messages from someone pretending to represent your bank, urging immediate action to protect your funds or move your money.Be skeptical of developing relationships with individuals who eventually request money.If you receive an electronic message asking you to pay with cryptocurrency, it may be a scam.
Leawood police have recovered over $19,000 for a victim of a cryptocurrency scam after successfully tracing and seizing the funds.
Police say the victim was deceived into purchasing cryptocurrency at a “Bitcoin ATM” as part of the fraudulent scheme.
The department reports it has traced, seized, and recovered stolen funds from such scams more than a dozen times, totaling over $1 million.
Leawood police offer these tips to avoid being scammed:
- Be wary of someone claiming to represent a company you already use, offering better rates or stating you owe the company money.
- Avoid promises of exceptional investment opportunities with high returns, such as “100% return” or “double your money.”
- Watch out for individuals claiming to be from the government or law enforcement who threaten penalties.
- Be cautious of messages from someone pretending to represent your bank, urging immediate action to protect your funds or move your money.
- Be skeptical of developing relationships with individuals who eventually request money.
- If you receive an electronic message asking you to pay with cryptocurrency, it may be a scam.