NYPD Warns of a New Scheme of Fraud with Cryptocurrency

New York City Police Department (NYPD) has warned the public about a new form of telephone fraud, in which attackers impersonate government officials.

As of April 30, NYPD received more than 200 complaints with losses totaling more than two million dollars, while last year only three complaints of a similar nature were received.

During a telephone conversation, fraudsters tell victims that their insurance number appears in money laundering or drug trafficking operations. To avoid arrest, “officials” offer to buy this data for BTC.

NYPD Chief of Community Affairs Bureau, Nilda Hofmann, said that phone fraud usually relies on victims’ trust in government and law enforcement. Attackers use number masking services. Sometimes they also say the real names of the officers.

The department notes that its representatives will never call people to extort money. The regulator even released a special video informing New Yorkers about this type of fraud.

We want to remind you:

The Police of India Uncovered a 60-Million-Dollar Crypto Scam

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