Home Cryptocurrency News Guelph man loses practically $100,000 in cryptocurrency rip-off: police – Guelph

Guelph man loses practically $100,000 in cryptocurrency rip-off: police – Guelph

3 min read
Comments Off on Guelph man loses practically $100,000 in cryptocurrency rip-off: police – Guelph
21

Guelph police are investigating after an internet cryptocurrency rip-off resulted in a person dropping practically $100,000.

Police stated the person was contacted by an unknown particular person after posting in an internet discussion board in September that he was searching for help studying the best way to put money into cryptocurrency.

By the tip of October he had reportedly transferred roughly US$50,000 and was advised the funding was now value greater than $210,000.

Learn extra:

A woman in Guelph loses close $8,000 in Bitcoin scam, police say

After being requested to make two separate transfers of $21,000 to pay a tax on the revenue, investigators stated he grew to become suspicious and contacted police.

Police encourage residents to be vigilant when investing in cryptocurrency — to carry out in depth analysis earlier than transferring any funds and never settle for funding recommendation from somebody you haven’t met.

Story continues beneath commercial

Learn extra:

Over $1 million lost in crypto scams in 2021: Guelph police

The investigation continues, nonetheless, police stated cryptocurrency transactions will not be reversible and are very troublesome to hint.




© 2021 International Information, a division of Corus Leisure Inc.





Source link

Load More Related Articles
Load More By admin
Load More In Cryptocurrency News
Comments are closed.

Check Also

Intel, Block Supporting Mining a Constructive for Bitcoin’s Value: Analyst – CoinDesk

“If profitable, this can dramatically improve bitcoin’s use case as a method of alternate,…