Police in Texas Receive Numerous Reports of Scams Involving Gift Cards and Bitcoin
Publication Time:2024-08-07 13:46:06
In recent months, law enforcement in the Lubbock area of Texas has seen a spike in reports of fraud cases involving gift cards and bitcoin transactions. These incidents disproportionately target older populations, with perpetrators often exploiting a false premise that the victims' bank accounts have been compromised to trick them into making a series of incorrect actions. Authorities note that victims are led astray to perform steps including issuing checks, withdrawing cash, and depositing funds at bitcoin ATMs. A specific case involved a victim being duped into transferring $25,000 and $30,000 to designated accounts. The frequency of these occurrences not only results in substantial financial loss for the victims but also highlights the need for increased public awareness regarding the latest forms of cybercrime.
Texas
police
bitcoin scam
gift cards
seniors