Fake investment sites and counterfeit IRS letters hit crypto holders in the same week
Con artists are working the Twin Tiers with a fake investment pitch, New York State Police say. It pushes residents into cryptocurrency or gold bars and coins, then empties their accounts when they give financial details.
Investigators issued the alert this week. Those who fall for it can lose their whole savings.
How the Twin Tiers pitch works
New York State Police said the callers spend some time establishing rapport with the person they are targeting before they lead them to a website that appears to be a legitimate investment platform. Once a victim enters their banking or account details into that site, the money is at risk.
Troopers are warning people who receive a random call about buying crypto or gold to not provide any information and not to visit any website the caller suggests.
State Police advise hanging up and dial 9-1-1. The advice is even more pointed if a caller offers to sell cryptocurrency and requests financial information.
Anyone who thinks they have already been caught should call local law enforcement or the NYSP immediately, then contact the bank and close all accounts, State Police said.
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