PSNI Issues Fraud Warning After £250,000 Crypto Scam in Newry
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A woman in her 70s in Newry lost more than £250,000 after falling for a fake online crypto investment scheme, with scammers securing a small initial payment then pressuring her for larger transfers. The Police Service of Northern Ireland (PSNI) issued a fraud and security warning, urging families to watch vulnerable relatives and report suspicious online crypto activity. The case underscores consumer security risks in crypto adoption and the need for greater awareness to prevent similar scams.
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- A Co Down pensioner lost more than £250,000 after investing in a fake crypto scheme.
- Police said the woman first sent a small amount before criminals pressured her for larger payments.
- PSNI urged families to speak with loved ones about online fraud and report suspicious activity.
A woman in her 70s from Newry has lost more than £250,000 after falling victim to a crypto investment scam, according to the Police Service of Northern Ireland. Police said the woman believed she was investing in a cryptocurrency scheme advertised online.
Notably, the case has prompted a fresh warning from PSNI, which urged families to watch for signs that older relatives or vulnerable people may be targeted by fraudsters. Police said scammers can appear convincing and often use pressure to force victims into quick decisions.
Pensioner Loses Life Savings
PSNI said it received a rep…
Read The Full Article PSNI Issues Fraud Warning After £250,000 Crypto Scam in Newry On Coin Edition.
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