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Newbury police stop woman from losing $11,000 in Bitcoin ATM scam
Original: Newbury police stop woman from losing $11K in Bitcoin ATM scam
Police in Newbury, Massachusetts, say officers intervened to stop a woman from depositing $11,000 into a Bitcoin ATM as part of a scam. Scammers commonly impersonate officials or companies and instruct victims to feed cash into cryptocurrency ATMs, which is nearly impossible to reverse. The department is warning residents not to move money at the direction of unknown callers.
Why now: It is a local scam-prevention success story, and crypto ATM fraud is a growing concern for police and residents.
Newbury Police DepartmentNewbury, MassachusettsBitcoin
Evidence
- Newbury police stop woman from losing $11K in Bitcoin ATM scam · Boston 25 News
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