'You ask for your money, they disappear': Ontario man loses $17K to AI crypto scam

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A Toronto man is spreading the word of a cryptocurrency scam that lures victims using AI-generated news sites after he lost $17,000 in investments.

Gurdip Sabharwal told CTV News Toronto that he was convinced to invest using remote software after reading an online article that appeared to feature a positive review from a prominent Canadian business reporter. In the story, she said that she was making a lot of money, which led him to invest, he said.After contacting the same trading platform named in the story, he said that he immediately started to see huge returns.

According to the Canadian Anti-Fraud centre, Canadians lost almost $310 million to investment scams in 2023, with much of the fraud involving people investing in cryptocurrency platforms they found online linked to fake news stories or advertisements. “AnyDesk is remote control software that takes control of your computer completely as if the criminal was sitting in front of it,” Popa said about the software Sabharwal downloaded.

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The median waiting time in emergency rooms has remained relatively stable year on year, at 5 hours 13 minutes, according to a report published Monday by the Montreal Economic Institute .What does the warm winter mean for spring in Ottawa?There will be road closures and an increased police presence in downtown Ottawa this week as former prime minister Brian Mulroney lies in state in the nation's capital.OC Transpo buses are going electric, with a plan to make the entire fleet zero-emission.

 

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