Dunnville resident loses $160,000 in Bitcoin scam

·1 min read

The lure of cryptocurrency riches ensnared a Dunnville resident who police say lost $160,000 in an alleged Bitcoin investment fraud.

Police say the scheme began when the resident started corresponding with the alleged scammers in March.

By the time the police learned of the fraud on June 23, the victim had been swindled out of $160,000.

“OPP is reminding the public to be aware of the warning signs, never give out any personal information to someone you don’t know, and always verify all contact information and not just call a number or email that some unknown person provides you with,” said Const. Mary Boddy.

“The name on the caller display may be fraudulent. Give yourself some time to complete your own search.”

J.P. Antonacci, Local Journalism Initiative Reporter, The Hamilton Spectator

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