Crime & Safety
Police Help Resident Recover $19K In Bitcoin Scam: Wallingford PD
A resident had more than $19,000 in Bitcoin stolen as part of a cryptocurrency fraud scheme, according to police.
WALLINGFORD, CT — Wallingford police recently helped a resident recover more than $19,000 in Bitcoin that was stolen in a cryptocurrency fraud scheme, according to Sgt. Stephen Jaques.
Jaques said that while an arrest wasn’t made in the investigation, the incident can serve as a “cautionary tale” for residents.
A resident notified police on Jan. 1 that they were coerced into sending more than $15,000 worth of Bitcoin to a scammer who posed as a computer service representative.
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“The victim got a pop-up notification on their computer saying that their device was compromised, and the technician would need money to fix the issue,” Jaques wrote in a news release. “The technician told the victim to send the funds via Bitcoin. The victim sent the funds at a local Bitcoin kiosk.
“Soon after, the victim realized they were scammed and they came into Wallingford Police Headquarters to report it. Detectives worked with the involved Bitcoin exchange and after a lengthy investigation, they located and retrieved the lost funds. No arrest was made because the funds were found in an out of country account.
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“The Wallingford Police Department urges citizens to use caution when dealing with security breaches of their personal devices. You should never send money in any fashion, especially Bitcoin, to a service technician to diagnose and fix your problem. If something similar happens to you, and you feel uncertain, please seek guidance at your local police department.”
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