DA says he shut down 21 sites stealing millions through crypto scams

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Fraud News

Brooklyn,Crime,New York City

Authorities in New York City say they have disrupted an online fraud operation that stole millions of dollars by duping victims into making phony cryptocurrency investments. Brooklyn District Attorney Eric Gonzalez said Thursday that his office seized 21 web domains being used by scammers in so-called “pig butchering” schemes.

NEW YORK — Authorities in New York City said Thursday they disrupted an online fraud operation that stole millions of dollars by duping victims into making phony cryptocurrency investments.

He urged people not to trust crypto investments that seem too good to be true and warned against downloading apps from unverified crypto websites. One victim, a 51-year-old woman, reported to police last year that she lost $22,680 after she was added to online chat groups discussing crypto investments.

 

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