Guelph police are investigating after a web-based cryptocurrency rip-off resulted in a person shedding practically $100,000.
Police stated the person was contacted by an unknown particular person after posting in a web-based discussion board in September that he was on the lookout for help studying how one can put money into cryptocurrency.
By the tip of October he had reportedly transferred roughly US$50,000 and was informed the funding was now value greater than $210,000.
After being requested to make two separate transfers of $21,000 to pay a tax on the revenue, investigators stated he grew to become suspicious and contacted police.
Police encourage residents to be vigilant when investing in cryptocurrency — to carry out in depth analysis earlier than transferring any funds and never settle for funding recommendation from somebody you haven’t met.
The investigation continues, nonetheless, police stated cryptocurrency transactions usually are not reversible and are very troublesome to hint.
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