8 d. ago
Ontario resident loses more than $200,000 in fake utilities bill scam
A person from Ontario lost about $215,000 after being told to make cryptocurrency payments to deal with an inflated utilities bill that turned out to be fraudulent.According to the South Bruce Ontario Provincial Police (OPP), they were dispatched to a home in the Huron-Kinloss, Ontario municipality after a resident reported being the victim of fraud. According to police, the victim received a bill from a utilities company that seemed higher than usual.After speaking with what they believed was a company representative, the victim was led to believe there was a processing error. They were instructed to make cryptocurrency payments to solve the issue.The investigation has been passed to the South Bruce OPP Crime Unit, which deemed the interaction fraudulent.The OPP has been dealing with cybercrime more lately, wrapping up Project Atlas in December. The four-week project was designed to combat cryptocurrency investment fraud. In total, more than $70 million was prevented...
Economics
