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Yahoo
27-02-2025
- Yahoo
FBI operation aims to reduce number of cryptocurrency investment fraud victims
LITTLE ROCK, Ark. – The FBI is warning people of a new scam following the rise of cryptocurrency; it's become a new playing field for scammers, creating cryptocurrency investment fraud scams. The FBI identified that the largest group of victims range between 30 and 60 years old. 'It's the largest, most prevalent, and costly fraud that's out there,' FBI Supervisory Special Agent Peyton Tucker said. 'Criminals are looking online, they are looking to identify potential victims, they build relationships with the victims.' Little Rock FBI explains growing threat of financial sexual extortion cases among minors 'They are going to ask them to invest in some type of cryptocurrency, they will have them invest in some type of platform, and get them to put money in and they will show what appears to be a rise,' Tucker said. Tucker says when the victim asks for the money back, 'there is no money.' Through its Operation Level Up, the FBI is trying to lower the number of Cryptocurrency investment fraud victims. 'What we are trying to do is identify victims, reach out to them, and let them know that they are victims or potential victims of a scam,' Tucker said. According to Operation Level-Up, 76% of victims who are contacted are unaware they are being scammed. Each victim receives the help and knowledge they need to prevent further victimization and financial loss. 'They had my daughter's demeanor, I mean everything about her' Morrilton couple targeted by scam impersonating daughter Below are some tips directly from the FBI on how to help protect yourself from these scams: Do not release any financial or personal identifying information, and do not send any money to someone you met online. Do not invest solely based on the advice of someone you met online. Do not download or use any unfamiliar applications or click on any links sent to you by someone you met online. Do not pay any additional fees or taxes to withdraw money you have invested in a potential scheme. Do not pay for services that claim to be able to recover lost funds, as these are often scams as well. More information about Operation Level Up and what to look out for can be found on If you think you may be a potential victim, you should stop sending money immediately and file a report with the FBI's Internet Crime Complaint Center at or call 1-800-CALL-FBI. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
28-01-2025
- Yahoo
Scammers target Northern California residents with blackmail threats
( — A blackmail scam that cons people into thinking they have compromising information at risk of being exposed has been circulating through parts of Northern California, according to the Davis Police Department. DPD said it has received reports about scammers who contact people via email, phone, or social media, threatening to release compromising information unless they receive payment. The scam often includes tactics like fake evidence, law enforcement impersonation, or use of personal details to manipulate victims into compliance. Bay Area official introduces bill that would allow wildfire victims to sue oil companies Davis PD offered tips for the community to stay protected: • Be cautious with personal information: Don't share sensitive details online.• Verify suspicious messages: Contact the source directly through trusted methods if threatening communication is received.• Don't engage with scammers: Do not respond to threats or make any payments.• Report it immediately: If contacted by a scammer, file an online crime report with Davis PD or report through the FBI's Internet Crime Complaint Center. 'Stay safe, stay informed, and remember — No legitimate authority will ever ask for money in exchange for keeping private information confidential,' DPD said. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.