Peterborough police retrieve victim’s $100,000 lost in cryptocurrency scam – Peterborough

Peterborough police are warning residents to be very cautious of cryptocurrency funding offers after a resident lately misplaced $100,000 in a scam.

The Peterborough Police Service say its fraud division launched an investigation after a resident reported investing greater than $100,000 in cryptocurrency earlier than studying that it was a rip-off.

Metropolis police, with help from the OPP, have been in a position to decide the funds have been nonetheless electronically accessible as that they had not but reached the purpose of not being attainable.

Police say because of this, with the help of a crypto change, the investigators have been in a position to return the funds to town resident.

“Whereas Peterborough police is thrilled to have the ability to return the cash to the resident, it’s acknowledged that this isn’t the norm, and the return of funds shouldn’t be thought of a seizure by police,” police said Friday.

Go to Canadian Anti-Fraud Centre for extra info on crypto currency investment scams. Police advise anybody who believes they’ve been victimized to name Peterborough police at 705-876-1122 or file an online fraud report.

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