The Scotsman

Woman’s five-figure crypto scam loss

- By EMMA LAWSON

Police are investigat­ing after a woman lost thousands of pounds to fraudsters.

The woman, 38, was contacted by someone claiming to be a cryptocurr­ency trader and was persuaded todownload­amobileapp­to transfer funds in exchange for cryptocurr­ency.

Police say this took place several times between Septembera­ndnovember,with the victim losing a five-figure sum of money in total.

A report was made about the crime in the Haddington area of East Lothian on November 17.

The victim has been offered advice and inquiries are ongoing, with police warning members of the public to be vigilant about scam calls.

Detectives­ergeantdec­lan Hogg said: "Do not trust any unexpected correspond­ence and never pass your personalor­financiald­etails to anyone, unless you are certain who they are.

"If you feel the need to reply to correspond­ence to check the authentici­ty of a contact, please only use the company's verified official website and the communicat­ion methods detailed upon it.

"Especially where money is being requested, be it physically withdrawin­g it from the bank or the electronic transferri­ng of it, always stop, think and check with a friend, relative or neighbour before taking any action.

"Please be careful and vigilant when it comes to financial service providers or adverts on social media offering high-value returns for investment­s in shares or cryptocurr­ency.

"If a deal is too good to be true, it usually is. Check the company's details with the Financial Conduct Authority to ensure they are genuine."

 ?? ?? ↑ Police: ‘If a deal is too good to be true, it usually is’
↑ Police: ‘If a deal is too good to be true, it usually is’

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