The British Police Announced a $2.5 Million Cryptocurrency Fraud

In the UK, cryptocurrency scams entailed a loss of more than $2.5 million, the British police said, which also warned the public about various fraudulent schemes related to cryptocurrency assets and their theft. Already by the end of this year, you can judge about the significant damage amounting to approximately 2 million pounds (which by analogy is $2.55 million).

The police released a report describing the statistics that were prepared and provided by the National Center for Reporting against Fraud and Cybercrime. It says that the average loss per person, according to the victims in June and July of this year, was about 10 thousand pounds or $12.7 thousand. P. Smith, the director of the center, commented on the situation as follows:

“It’s vital for anyone who invests or is thinking of investing in cryptocurrencies to thoroughly research the company they are choosing to invest with. The statistics show that opportunistic fraudsters are taking advantage of this market, offering investments in cryptocurrencies and using every trick in the book to defraud unsuspecting victims.”

Scammers often use the desire of potential victims to "quickly get rich" on new investment schemes, easy mining or trade. When a person uses fraudulent dummy sites for this purpose, he transfers his personal data to the hands of fraudsters. Therefore, the British police calls for more vigilant about the choice of the way to invest. To improve the fight against this type of crime in London, a special one-day course "Cryptocurrencies for Investigators" was developed, which is designed to help police officers recognize crypto crooks of fraudsters and use their knowledge about the sphere of the crypto industry in their investigations.

#scam, #Uk