Lincoln family loses $700,000 in cryptocurrency scam


LINCOLN, Neb. (KOLN) – The Lincoln Police Division mentioned a household of three misplaced roughly $700,000 in a cryptocurrency rip-off.

LPD was alerted concerning the rip-off on Monday when a household defined they’d invested in cryptocurrency for a number of months and now their accounts had been locked.

Police mentioned the household was directed on-line from one web site to a different to take a position and create accounts.

The victims are 39-years-old, 43-years-old and 77-years-old. LPD mentioned in complete the household misplaced $700,000 on this rip-off however individually the 39-year-old misplaced $220,00, the 43-year-old misplaced $335,000 and the 77-year-old misplaced $145,000.

In line with LPD, the household defined that they had been informed to take a position extra cryptocurrency to get their accounts unlocked.

Investigators mentioned it’s not clear if the $700,000 loss was in cryptocurrency or U.S. foreign money.

Anybody with info is requested to name (402) 441-6000 or Lincoln Crime Stoppers at (402) 475-3600.

Find out how to keep away from a cryptocurrency rip-off

In line with the Higher Enterprise Bureau, cryptocurrency accounted for the second highest rip-off losses reported to the Federal Commerce Fee in 2021, with losses of $750 million.

  • Guard your pockets. Should you purchase cryptocurrency, the safety of the pockets is of prime significance. Should you lose the important thing, then your funds are gone completely.
  • Look fastidiously at e-mail addresses and web site addresses. Phishing scams usually attempt to trick individuals into logging in after which seize the log in credentials. These then can be utilized to steal cash. On the lookout for an change with an web search engine could result in pretend websites which promote and impersonate actual corporations. Be particularly cautious when viewing these on a telephone.
  • Don’t pay for merchandise with cryptocurrency. Watch out if somebody asks you to pay with Bitcoin or one other cryptocurrency. Nobody with the federal government will ever ask for this type of cost.
  • Beware of pretend restoration corporations. Rip-off corporations typically declare that they’ll get better stolen cash – for a price. These are normally scammers.
  • Be careful for pretend opinions. Scammers usually create pretend opinions for their very own corporations.
  • Be cautious of superstar endorsements. It may be tempting to depend on a distinguished determine who has invested in cryptocurrency. However these endorsements are sometimes not licensed and even when they’re, the superstar could also be paid for the hassle and should not know extra about it than you do.
  • Watch out about claims made on social media. That is the commonest place for individuals to come across funding scams.
  • Be cautious of “mates” who attain out to you on social media and inform you how they made cash with cryptocurrency. Accounts are steadily compromised. Name your buddy by telephone to see whether it is actually them.
  • Solely obtain apps from Google Play or the App Retailer. Trusted app shops don’t remove the specter of app scams, however they do supply a primary degree of safety. Watch out with apps. Some include malicious software program.
  • Don’t consider guarantees of assured returns. Nobody can assure how an funding will carry out.
  • Search assist and help. Cybercrime Help Community gives a free, confidential help program for love rip-off survivors.

Copyright 2022 KOLN. All rights reserved.

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