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flag A Texas veteran lost thousands to a Bitcoin scam after a fake alert led him to a scammer via a fraudulent call.

flag A Texas veteran, Mike Williams, lost thousands in a Bitcoin scam after a fake computer alert led him to call a scammer who tricked him into depositing cash into a Bitcoin ATM. flag Despite a store employee’s warning, he completed two transactions, only realizing he was defrauded the next day. flag His case mirrors a broader surge in scams targeting seniors and veterans, with the FBI reporting $246.7 million in losses from Bitcoin ATM fraud in 2024 alone. flag AARP says Americans lost a record $12.5 billion to fraud last year, with older adults particularly vulnerable. flag Scammers use urgency and impersonation to pressure victims into sending money in crypto, which is irreversible. flag Authorities urge reporting scams to the FTC, FBI, or AARP Fraud Watch Network and caution against using Bitcoin ATMs without verification.

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