Skip to main content

Cryptocurrency scam warning from police

Cryptocurrency scam
Share

Windsor police are warning the public about cryptocurrency scams in the community.

The Financial Crimes Unit has received a growing number of reports about cryptocurrency scams.

Police say when dealing in crypto, always take the following precautions:

  • Do not trust any promise of guaranteed profit. Crypto investments always carry risk.
  • Research carefully before investing. Fraudsters often pose as legitimate “crypto managers” and run ads with fake celebrity endorsements.
  • Verify who you’re speaking with. The CRA and other government agencies will never request or accept payment via crypto.
  • Understand that transactions are final. Once Bitcoin is sent through a Bitcoin ATM, the transaction cannot be reversed or refunded.

CTVNews.ca Top Stories

Baseball legend Willie Mays has died at 93

Willie Mays, the electrifying 'Say Hey Kid' whose singular combination of talent, drive and exuberance made him one of baseball's greatest and most beloved players, has died. He was 93.

Strange monolith pops up in Nevada desert

Jutting out of the rocks in a remote mountain range near Las Vegas, the strange monolith imitates the vast desert landscape surrounding the mountain peak where it has been erected.

Stay Connected