Leawood Police Recover $19K from Cryptocurrency Scam: How to Protect Yourself
Kmbc Kansas City•11 months ago•
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Leawood Police Recover $19K from Cryptocurrency Scam: How to Protect Yourself

Education
cryptocurrency
scam
bitcoin
leawood
police
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Summary:

  • Leawood police recovered over $19,000 for a scam victim.

  • Victim deceived into buying cryptocurrency at a Bitcoin ATM.

  • Department recovered over $1 million from similar scams.

  • Tips to avoid scams include being wary of offers that seem too good to be true.

Leawood Police's Successful Recovery

Leawood police have successfully recovered over $19,000 for a victim of a cryptocurrency scam after tracing and seizing the funds. The victim was deceived into purchasing cryptocurrency at a "Bitcoin ATM" as part of the fraudulent scheme.

The department has reported tracing, seizing, and recovering stolen funds from such scams more than a dozen times, totaling over $1 million.

Tips to Avoid Cryptocurrency Scams

Leawood police advise the public to be cautious and provide the following tips to avoid falling victim to scams:

  • Be wary of someone claiming to represent a company you already use, offering better rates or stating you owe the company money.
  • Avoid promises of exceptional investment opportunities with high returns, such as "100% return" or "double your money."
  • Watch out for individuals claiming to be from the government or law enforcement who threaten penalties.
  • Be cautious of messages from someone pretending to represent your bank, urging immediate action to protect your funds or move your money.
  • Be skeptical of developing relationships with individuals who eventually request money.
  • If you receive an electronic message asking you to pay with cryptocurrency, it may be a scam.

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