Advanced crypto scams targeting B.C. people through social networking and dating sites

Advanced crypto scams targeting B.C. people through social networking and dating sites

VANCOUVER and SURREY, BC , Nov. 3, 2021 /CNW/ – The B.C. RCMP, British Columbia Securities percentage (BCSC), Canadian Anti-Fraud Centre (CAFC) and municipal authorities were warning individuals about a trend of scammers using social media and online adult dating sites to entice B.C. residents into crypto-asset frauds.

In the first eight months of 2021, British Columbians reported losses of $3.5 million from crypto financial cons – significantly more than triple the total amount missing this past year, which was only over $one million , per CAFC facts. Typically, merely five per-cent of scam sufferers submit this type of incidents to authorities.

Fraudsters are adjusting their particular methods to the most recent styles and systems, using many different strategies to defraud sufferers:

  • Men and women are approached via internet dating programs or any other social networking sites. Read More