Peterborough police are warning residents to be very cautious of cryptocurrency funding offers after a resident not too long ago misplaced $100,000 in a scam.
The Peterborough Police Service say its fraud division launched an investigation after a resident reported investing greater than $100,000 in cryptocurrency earlier than studying that it was a rip-off.
Metropolis police, with help from the OPP, have been capable of decide the funds have been nonetheless electronically accessible as that they had not but reached the purpose of not being attainable.
Police say consequently, with the help of a crypto alternate, the investigators have been capable of return the funds to the town resident.
“Whereas Peterborough police is thrilled to have the ability to return the cash to the resident, it’s acknowledged that this isn’t the norm, and the return of funds will not be thought of a seizure by police,” police acknowledged Friday.
Go to Canadian Anti-Fraud Centre for extra info on crypto currency investment scams. Police advise anybody who believes they’ve been victimized to name Peterborough police at 705-876-1122 or file an online fraud report.
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