Involvement in cryptocurrency is on the rise, but so are scams, with over 100 reported cases in Brevard County alone. Realtor Isabel Castro fell victim after trusting a friend’s Instagram post. The scam prompted her to buy Bitcoin and transfer it, only to realize she couldn’t retrieve the funds. Brevard County Sheriff’s Office Agent Justin Wood, a crypto-fraud investigator, has seen cases like Castro’s. He traced the transactions and successfully recovered her $9,000, part of the $4.5 million lost in crypto fraud in the area. Wood, with Secret Service training, is a leading force against these scams. He advises caution and warns against promises of quick, high returns. Castro urges others to verify before falling prey to such scams.
🚨 Scam Alert! 🚨
Crypto scams are on the rise, and it’s crucial to stay vigilant. In a recent incident, a resident of Norfolk, UK, lost her life savings, over $200,000, to a Crypto romance scheme. Here are some tips to protect yourself:
— Sugarverse (@Real_Sugarverse) September 6, 2023