Huron-Kinloss resident loses $215,000 in cryptocurrency scam

(Sadi Hockmuller via Pexels)

A Huron-Kinloss resident was the victim of a recent cryptocurrency scam, resulting in the loss of $215,000.

According to South Bruce OPP, the victim got a bill from a utilities company that was higher than they expected. When the victim had a conversation with a representative, they were reportedly told it was a processing issue.

The victim was told to make a cryptocurrency transaction to correct the issues. That resulted in the $215,000 loss.

The OPP Crime Unit is investigating the incident. Residents are reminded to be cautious when using digital currency and investing.

“Scammers often use fraudulent documents marked with logos and wording that can appear legitimate, which leads the victim down a path of surrendering personal information and banking details under the belief they are conversing with a legitimate source,” read a news release.

If you get any documentation that looks suspicious, you are told to contact the company or bank in person or by the number you know is theirs, not the one on the document.

You can contact the Canadian Anti-Fraud Centre at 1-888-495-8501 or at its website.