Bitcoin Scam – DIGIT INFO

Colorado Resident Loses $6,000 in Bitcoin to Phone Scammer

DIGIT — Tue, 05 Nov 2024 08:46:26 +0000

A Keystone resident lost $6,000 in bitcoin in a phone scam in which a scammer claimed the victim had missed jury duty. The scammer also attempted to steal another $4,000 in bitcoin but was stopped by county deputies. The incident, which occurred Oct. 27, is the latest in a series of phone scams targeting county […]

Go to Source

86-year-old to pay $14M after admitting to running crypto Ponzi scheme

DIGIT — Wed, 09 Oct 2024 06:22:24 +0000

Prosecutors only sought a five-year probation sentence for crypto schemer David Kagel because of his age and ailing health.

Go to Source

UK regulator alerts public to fake solicitor Bitcoin scam

DIGIT — Thu, 11 Jul 2024 08:05:16 +0000

Email scams requesting cryptocurrency have been gaining popularity among criminals around the world.

Go to Source

Cop intercepts $40K Bitcoin ATM scam by Chase Bank impersonator

DIGIT — Thu, 20 Jun 2024 07:41:17 +0000

The officer intervened during the Bitcoin ATM deposit, preventing the victim from depositing more funds into the machine.

Go to Source

Bitcoin Fraud-Accused South African Radio Presenter Threatens Legal Action

DIGIT — Tue, 14 Jun 2022 09:30:44 +0000

Following accusations that he defrauded investors in his bitcoin investment scheme, the South African radio presenter Sebasa Mogale has said he will take legal action against individuals that have reported him to the police. His lawyer insisted that no evidence will be found because Mogale never committed fraud. Five Fraud Cases Opened Against Mogale Sebasa […]

Go to Source

Brazilian Judge Dismisses Bitcoin Scam Mastermind’s Attempt to Block His Extradition to South Africa

DIGIT — Thu, 09 Jun 2022 08:30:14 +0000

A Brazilian judge has ruled that the CEO of Mirror Trading International should remain in precautionary detention as authorities in South Africa have already furnished their Brazilian counterparts with the documentation that is required for extradition purposes. The judge also rejected Johann Steynberg’s attempts to use his Brazilian family as the basis for seeking an […]

Go to Source

Popular Radio Presenter Suspended for Alleged Ties to Bitcoin Scam

DIGIT — Mon, 23 May 2022 21:30:10 +0000

South Africa’s national broadcaster has suspended one of its employees that is accused of convincing unsuspecting people, including pensioners, to invest in a cryptocurrency scam. More than 100 people are believed to have fallen victim to promises of very high returns to investors in the bitcoin investment scheme. 300% Return on Investment The South African […]

Go to Source

Binance Warns Crypto Investors of ‘Massive Phishing Scam via SMS’

DIGIT — Mon, 07 Feb 2022 06:30:26 +0000

Cryptocurrency exchange Binance has warned investors of a “massive phishing scam via SMS.” The scammers sent SMS messages to crypto users informing them of a withdrawal request from an unknown IP address they may want to cancel. Massive Phishing Scam Targeting Crypto Investors Binance CEO Changpeng Zhao (CZ) tweeted Friday: There is a massive phishing […]

Go to Source

US Sentences Bitcoin Seller to 1 Year in Jail for Defrauding Investors

DIGIT — Thu, 27 Jan 2022 11:00:52 +0000

A bitcoin seller has been sentenced to one year and one day in jail for defrauding customers, according to a notice by the U.S. Department of Justice (DOJ). The man took money from customers but did not provide them with the agreed-upon bitcoin. Fraudulent Bitcoin Seller Going to Jail The U.S. Department of Justice (DOJ) […]

Go to Source

US Federal Trade Commission Warns Consumers About Falling for Crypto ATM Scam

DIGIT — Wed, 12 Jan 2022 22:30:06 +0000

The U.S. Federal Trade Commission (FTC) has warned consumers about scams involving cryptocurrency ATMs. “There’s a new spin on scammers asking people to pay with cryptocurrency,” the FTC described. FTC’s Warning About Scams Involving Cryptocurrency ATMs The U.S. Federal Trade Commission (FTC) issued a scam alert involving cryptocurrency ATMs Monday. The consumer notice, posted by […]

Go to Source