2nd Bitcoin Extortion Scam Reported On Main Line In 2 Days

In just two days, two Main Line police departments have reported extortion scams in which the victim is demanded to pay a digital currency to keep alleged secrets quiet.

Only one day after Radnor Township Police reported a Bitcoin extortion scam, Tredyffrin Township Police said a Paoli man was targeted in a similar scam.

Police were alerted to the scam Tuesday and said the wording is very similar to the letter sent to the Radnor resident. Police said both letters were postmarked from Nashville, Tennessee.

Tredyffrin Police said the letter sent to Paoli was likely sent by the same person or group of people.

In the Paoli letter, the scammer demands $15,350 in Bitcoin, a digital currency, to keep quiet about the victim's "misadventures," which is how the Radnor letter was worded.

The scammer calls the money a "confidentiality fee," just like the Radnor letter.

It also included instructions for the victim to send Bitcoin to the scammer.

Tredyffrin Township Police said they will likely be communicating with federal authorities to support any federal investigation into such scams.

Luckily, police said the victim did not fall for the scam and did not suffer any loss.

Anyone who gets such a

Back in December 2017, Radnor and Easttown police alerted the public to digital currency scams.
In Radnor, a resident got a death threat letter that said if the victim did not pay up in Bitcoin they would kill the victim. That threat was sent via email.

And in Easttown, a letter received by a resident claimed the same bogus story of having "dirt" on the victim that Radnor police are now warning of. In that instance, the scammer demanded $2,500 in Bitcoin to keep quiet about the "secret."

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