Sophisticated crypto frauds concentrating on B.C. residents through social media marketing and adult dating sites

Sophisticated crypto frauds concentrating on B.C. residents through social media marketing and adult dating sites

VANCOUVER and SURREY, BC , Nov. 3, 2021 /CNW/ – The B.C. RCMP, British Columbia Securities fee (BCSC), Canadian Anti-Fraud hub (CAFC) and municipal police were warning individuals about a trend of scammers using social media an internet-based dating sites to attract B.C. customers into crypto-asset frauds.

In the 1st eight period of 2021, British Columbians reported loss of $3.5 million from crypto investments frauds – more than triple the quantity lost just last year, that was simply over $1 million , relating to CAFC facts. An average of, just five % of scam sufferers submit these incidents to government.

Fraudsters become adjusting their unique methods to current styles and technology, using different techniques to defraud sufferers:

  • Folks are approached via online dating applications and other social networking sites. Read More