Home Ranch News Huron East Resident Out $100,000 in Crypto Scam

Huron East Resident Out $100,000 in Crypto Scam

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Huron OPP is investigating a recent report of fraud in Huron East.

The victim reported a total loss in the fraud of $100,000.

Police were contacted by the victim on September 14th who reported losing the money in an internet investment scam between July and September.

The victim explained they were referred to a cryptocurrency investment website by a person not known to them who made contact by text message initially. They invested $500 and were promised certain profits on the investment.

They then invested a further $100,000. The victim sent their money to an internet service which transferred the victim’s money into cryptocurrency.

The fraudster eventually froze the investment and ceased all contact with the victim.