Trail RCMP report on fourth crypto scam within one month (Trail)

Trail RCMP received yet another call about a cryptocurrency scam on March 10. This is the fourth report of crypto fraud in the last month in the area.
Police said that a 66-year-old woman was defrauded out of $8,800 after being encouraged to invest in a publicly available website. Upon discovering that the money was locked up in her account, and that she was unable to retrieve her funds, she contacted the police.
However, the money was not recoverable.
A responding officer advised her not to send any more money and to follow the guidelines listed on the Canadian Anti-Fraud Centre website.
Trail RCMP Sgt. Mike Wicentowich has encouraged the public to continue coming forward with these instances.
“We hope others can learn from it and avoid investing in cryptocurrency. Greater oversight and regulation of cryptocurrency is believed to be needed to prevent this kind of fraud.”