Crypto crooks were hard at work in 2022, fleecing Saskatchewan folks by the dozen, according to the RCMP.
Last year, the RCMP opened 96 separate cryptocurrency fraud investigations in the province, with reported losses of some $3.25 million, according to Const. Tyson Maxwell, a Mountie of nearly 14 years who works with the force’s Federal Serious and Organized Crime unit.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Some of these scams have netted relatively small amounts from victims — say $1,000. But some have ranged as high as $500,000, Maxwell said.Article contentfraudsters have made off with a victims money in a number of ways Fraudsters often present these investment opportunities on social media, and victims believe the platforms must have done some vetting of the companies advertising on their sites, Maxwell said.“In the news, or on TV shows, you’ll hear Bitcoin and stuff like that, and you hear about these individuals getting rich off of it, and you don’t want to miss out on it.”Article content
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