New York State Police Warn Twin Tiers Residents of Crypto and Gold Scams That Can Wipe Out Life Savings
Updated
Updated · Yahoo! Voices · Aug 7
New York State Police Warn Twin Tiers Residents of Crypto and Gold Scams That Can Wipe Out Life Savings
3 articles · Updated · Yahoo! Voices · Aug 7
Summary
Twin Tiers residents are being warned that scammers are pitching fake cryptocurrency and gold investments through websites designed to look legitimate, New York State Police said.
Victims can lose their life savings after entering financial information, with investigators saying scammers first spend time building trust before steering targets to the bogus sites.
State Police urged anyone contacted about crypto or gold investments to hang up, avoid any website provided by the caller, and verify offers directly with a legitimate investment firm.
Anyone asked for financial information in a crypto sales call should call 9-1-1 immediately, while people who already sent information should contact police, then their bank and shut down account access.
Earlier warnings said older adults were also being pushed to liquidate savings into gold bars for pickup or shipment, showing the scam is broadening beyond one tactic.