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Bitcoin ATM Heist Leads to Double Scam

Canadian Crypto Scam Victim Targeted Again in Fraud Recovery Scheme

  • A Nanaimo resident lost C$5,000 CAD ($US3,600) in a crypto job scam via an ATM transaction.
  • Fraudsters later posed as a lawyer claiming to recover $60,000 in supposed crypto profits.
  • Scammers used the Royal Canadian Mounted Police logo to lend credibility to their scheme.
  • Canadian police emphasized they do not contact individuals about discovered cryptocurrency accounts or partner with private firms for fund recovery.
  • Authorities warned that fraud networks often reuse victim data from previous scams to target them again.

In Nanaimo, British Columbia, a resident was scammed twice by fraudsters exploiting vulnerabilities from a previous crypto job scam loss of C$5,000 CAD ($US3,600). The perpetrators falsely claimed involvement with law enforcement and promised recovery of $60,000 in supposed earnings using the RCMP logo.

The case highlights how scammers leverage authority bias and victim data from earlier scams for further fraudulent schemes. Police urge caution against unsolicited offers involving cryptocurrency and stress verifying credentials of anyone claiming legal or investigative roles. Source

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