Police issue warning after B.C. senior loses $7.5 million in cryptocurrency scam

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Police issue warning after B.C. senior loses $7.5 million in cryptocurrency scam
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BURNABY, B.C. — A senior from Burnaby, B.C., was scammed out of more than $7.5 million dollars in a cryptocurrency ruse, prompting the latest warning from…

Police say the elaborate con lasted several months and included the victim being scammed out of money both in the original fraud and then by someone claiming they could help get her money back.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

Police say the app she was using was a fake made to look legitimate and when she realized she couldn’t withdraw money, the fraudster disappeared. “These scammers went to great lengths over many months to defraud this senior and convince her these were legitimate investments,” Ho said in a statement.

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