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12M cryptocurrency scam in Surrey

Darpan News Desk The Canadian Press, 07 Mar, 2024 01:52 PM

Police in Surrey say they received nearly 230 reports of fraud involving cryptocurrency last year, resulting in losses totalling 12-million-dollars.

R-C-M-P say police have already received 50 reports of similar cases in the first two months of this year, with losses reaching 3.2-million-dollars.

Police say the majority of the cases have related to investment scams using social media, online platforms or mobile apps.

They say the fraudsters typically go silent when victims attempt to withdraw their investments

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