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Boston police warn of a surge in crypto scams targeting seniors, causing over $9M in losses, with more expected in 2025.
The Boston Police Department warns of a rising cryptocurrency scam targeting seniors, where fraudsters pressure victims to withdraw cash, convert it to crypto at ATMs, and send it to scam-controlled wallets—transactions that are nearly irreversible.
Police report over $9 million in losses from such scams in the past year, with losses expected to rise in 2025.
Authorities urge the public, especially older adults, to avoid unsolicited investment advice, research opportunities thoroughly, protect private keys, and download apps only from official stores.
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La policía de Boston advierte de un aumento en las estafas criptográficas dirigidas a personas mayores, causando más de 9 millones de dólares en pérdidas, con más esperadas en 2025.