Two men, aged 54 and 36, were arrested in connection with a July 2024 cryptocurrency fraud that defrauded a 75-year-old from Aberdeen of a significant amount. The case, reported to Police Scotland, illustrates the escalating threat of scams targeting older individuals. Police Scotland and other law enforcement agencies are committed to protecting the public from fraud and have charged the suspects with crypto fraud offenses. This incident follows a trend of increasing scams against the elderly, with police urging vigilance against fraudulent activities and scams that manipulate trust.
This operation demonstrates our commitment to ensuring people are protected from fraud. We will do everything in our power to bring those responsible to justice.
Older people are often targeted by scammers of all flavors, and cases involving the theft of large sums are all too common.
The scam involved impersonating the fraud department of the victim's bank, a common tactic that financial institutions routinely warn customers about.
Feds said last year that crypto scams are more costly to citizens than ransomware, warning that elderly people are often tricked into installing remote access software.
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