Scottsdale, azfamily) – The scams involving a cryptocurrency soar, and the FBI estimates that the Arizonans lose hundreds of millions of dollars to these scams each year.
While Scottsdale police said they are increasing in the number of younger adults investing and losing money, in most cases, retirees lose more. “I mean that cryptocurrency regimes are so vast, and they happen so quickly, it really takes a new form of fraud,” said the financial crimes of the Scottsdale police. Jeff Brennan.
He says he sees more and more of these programs in Scottsdale.
“You can see that some of the losses are absolutely devastating for the victims and this increases in extreme quantities,” said Brennan by descending the list of cases where he has investigated this year.
In Scottsdale, the police put signs on automatic ticket distributors in the city. The signs read: “Stop! If you don’t know the person you are talking to, you are scammed.” Brennan says that fraudsters always manage to drain the victim’s bank accounts.
“Unfortunately, many victims, even confronted with the application of laws, always legitimately believe that the person they speak to by phone is in fact what they tell them or what they are,” he said.
According to FBIs 2023 Cryptocurrency fraud reportArizona residents have lost around $ 127 million for virtual currency fraud, people over 60 have targeted the most.
“The cryptocurrency can move around the world in a few seconds, so it is absolutely important if there is a chance to recover any type of money that I get this information as soon as possible,” said Brennan.
“Of all the cases you have investigated the management of cryptocurrency, how many people have you managed to find and stop?” Asked the journalist for the Arizona family, Alexis Dominguez.
“Currently one, it is therefore extremely rare that it is the local or state side where we are able to trace it to a local individual. Unfortunately, most of the time with whom we are dealing or what we look at is once the money goes on the or
“How often does this happen?” Asked Dominguez. “It’s always extremely rare because it is based on cooperation,” he said.
Arizona legislators seek to suppress Automatic Bitcoin counters with House Bill 2387. It aims to limit the daily amount of the transaction to $ 1,000 and requires license and reimbursement policy of state operators. The bill awaits a third reading in the Senate of the State of Arizona.
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