Remarkably Basic Scam Nets Criminals $2 Million in Bitcoin and Other Assets6.8

According to the New York Police Department, the number of people duped out of Bitcoin and other assets thanks to a telephone scam has soared in 2019. It estimates that a massive $2 million has been fraudulently obtained from residents of the city.

The scam responsible apparently involves a cold call from either a real person or AI operator claiming to be from social services. It is a wonder that the scam has been so successful, given how basic it is and the fact that payment is asked for in crypto!

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