Cryptocurrency's schemes on the rise as popularity increases
ENFIELD, Conn. (WWLP) – As Cryptocurrency gains popularity, it also becomes a prime target for scammers.
Enfield Police tell 22News that they've seen an uptick in scam cases where the offender is requesting payment using cryptocurrency.
Similar to other scams, police say scammers contact the victim through phone or social media and create a false sense of urgency. Adding that the victim is convinced there's a family emergency, or perhaps a unique but time-sensitive investment opportunity.
Northampton attorney James Winston, explains how you can protect yourself from falling victim, 'Don't respond to any personal solicitations involving cryptocurrency from an unknown source, whether that's on social media or in some other way of communication. And don't send any cryptocurrency to someone that you haven't met in person, that you haven't verified. Be very wary.'
Winston says if funds are transferred by the victim, recovery of these assets, and the apprehension of the criminal offender is even harder than it normally would be.
WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on WWLP.com.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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