This is the line scammers are using more often to get your cash

23 views 4:11 am 0 Comments March 25, 2024
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Cryptocurrency has become the preferred method of money transfer for scammers.There are several scams out there right now that involve someone claiming they are law enforcement or with some kind of government agency.They tell you they have spotted fraud or criminal activity related to one of your accounts.Once they have your attention, they’ll give you the solution to the problem they just created by telling you to “protect your money by moving it.” That’s when they’ll send you to a Bitcoin ATM to secure your money. The truth is that neither Bitcoin nor the ATM will protect your money. In fact, no cryptocurrency will. No matter what the caller says, there’s no such thing as a government Bitcoin account or digital wallet. There are no Bitcoin federal safety lockers. Only a scammer will give you a QR code to “help” you deposit your life savings in a Bitcoin ATM.Protect yourselfNever move or transfer your money to protect it. Your money is fine where it is, no matter what the scammer is telling you.Call your bank, broker, or investment advisor. Don’t use any numbers the caller gives you. They’ll take you to the scammer.A few weeks ago, the 8 On Your Side team brought you the story of a Lebanon County couple that lost $24,000 in this scam.Share this information with friends and family, and keep your money in your pocket.

Cryptocurrency has become the preferred method of money transfer for scammers.

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There are several scams out there right now that involve someone claiming they are law enforcement or with some kind of government agency.

They tell you they have spotted fraud or criminal activity related to one of your accounts.

Once they have your attention, they’ll give you the solution to the problem they just created by telling you to “protect your money by moving it.”

That’s when they’ll send you to a Bitcoin ATM to secure your money.

The truth is that neither Bitcoin nor the ATM will protect your money. In fact, no cryptocurrency will.

No matter what the caller says, there’s no such thing as a government Bitcoin account or digital wallet.

There are no Bitcoin federal safety lockers.

Only a scammer will give you a QR code to “help” you deposit your life savings in a Bitcoin ATM.

Protect yourself

Never move or transfer your money to protect it. Your money is fine where it is, no matter what the scammer is telling you.

Call your bank, broker, or investment advisor.

Don’t use any numbers the caller gives you. They’ll take you to the scammer.

A few weeks ago, the 8 On Your Side team brought you the story of a Lebanon County couple that lost $24,000 in this scam.

Share this information with friends and family, and keep your money in your pocket.