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Fraud Prevention Month – Cryptocurrency Rip-off

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(SAULT STE MARIE, ON) – Members from the Sault Ste Marie Detachment of the Ontario Provincial Police (OPP) want to remind everybody that it’s a must to do your homework previous to giving any private data, cash or sending pay as you go ITunes playing cards to anybody.  Yearly hundreds of Canadians are victimized and tens of millions of {dollars} are misplaced by means of many types of fraud.

Cryptocurrency Rip-off

This rip-off entails sending cash by means of a cryptocurrency, resembling Bitcoin. Cryptocurrencies aren’t regulated in Canada and function independently from banks.

Whereas a considerable variety of companies are accepting the big selection of cryptocurrencies accessible, there is no such thing as a safety from fraud when utilizing them as a type of cost.

Shield Your self:

  • Watch out for requests demanding a switch of funds utilizing Bitcoin or some other cryptocurrency
  • Be cautious of affords to put money into cryptocurrency
  • Remember the fact that authorities businesses won’t ever request a cost within the type of cryptocurrencies
  • Don’t ship any funds or deposit right into a bitcoin pockets through bitcoin automated teller machine (ATM)

Should you suspect it’s possible you’ll be the sufferer of fraud or have been tricked into giving private or monetary data, contact your native OPP detachment at 1-888-310-1122, the Canadian Anti-Fraud Centre at 1-888-495-8501 or go to their web site at: www.antifraudcentre.ca

FRAUD…Acknowledge it …Report it …Cease it.


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