Denver police warn about scams involving cryptocurrency ATMs

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Denver Police Warn About Scams Involving Cryptocur News

Cryptocurrency,Cryptocurrency Atms,Cryptocurrency Denver

Óscar A. Contreras is a Murrow-nominated journalist who has been writing for the E.W. Scripps Company since January 2014.

DENVER — Officers with the Denver Police Department are warning residents about a recent scam in which the suspects impersonate law enforcement officers to have victims pay them using cryptocurrency ATMs.

Instead of asking for a wire transfer or for pre-paid debit cards or gift cards, scammers are now asking residents to go to their nearest cryptocurrency ATM to pay the amount that way. The victim then told police the suspect instructed her to pay thousands of dollars more and to deposit that money into a self-service cryptocurrency kiosk. In all, the victim lost just under $14,000 before realizing she had been scammed.

If you get a call from someone claiming you are wanted and that a wire transfer or a ATM deposit will clear your warrant, hang up immediately, police said.

 

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