Posted 9/25/2023, 8:03:27 PM
Ontario Resident Loses $50,000 in Bitcoin After Falling Victim to Government Impersonation Scam
- Ontario resident lost $50,000 after falling for scam calls impersonating government agencies
- Callers claimed there was a problem with the victim's SIN or a package delivery in order to convince them to send Bitcoin
- Victim used a crypto ATM to send $50,000 in Bitcoin to the scammers
- This scam is one of many targeting Canadians, including a BC resident who lost over $7.5 million
- Crypto scams are a growing problem in Canada, with reported losses reaching $24 million in 2022