Nebraska Attorney General Mike Hilgers warns of a rise in cryptocurrency and romance scams, with victims reportedly losing significant amounts, sometimes six figures. Scammers entice individuals to invest small amounts through fake platforms, before fabricating documents to show returns and pushing for higher investments. While seniors are mainly targeted, individuals of all ages can fall victim. Hilgers advises caution with online investments, and encourages reporting any suspicious activity.
Nebraska’s Attorney General, Mike Hilgers, is raising alarm bells regarding a notable uptick in both cryptocurrency and romance-related scams. In a press release issued Wednesday, Hilgers’ office reported disturbing cases where victims have lost amounts reaching into six figures due to these scams.
Reports indicate that scammers are misleading Nebraskans into making small, seemingly innocuous investment amounts through fraudulent trading platforms or mobile applications. Once they’ve hooked their targets, these fraudsters fabricate fake bank statements and other documents to convince victims their investments are yielding returns. Before long, scams escalate, with victims pushed to invest even more to secure promised returns.
The release highlighted a particularly concerning tactic where scammers often develop an online romance with victims to exploit them further. Although seniors are reported as the primary targets of these scams, it’s important to note that individuals of all ages can become victims.
Attorney General Hilgers stated, “These scammers are devastating Nebraskans and, at times, stealing someone’s entire retirement or life savings. I urge Nebraskans to take caution with crypto investments that promise high returns with little risk.” He champions an approach of scepticism towards any online investment discussions, particularly those happening over messaging platforms like WhatsApp or Telegram.
Additionally, officials caution that scammers frequently tout deals that seem excessively attractive, often falling into the “too good to be true” category—this should raise immediate concerns.
If you suspect you may have encountered a scammer, it’s vital to inform your financial institution or the cryptocurrency exchange you used. Reporting scams is also encouraged through the FBI’s Internet Crime Complaint Center to help combat these fraudulent operations. For more guidance, inquiries can be directed to the Nebraska Consumer Affairs Response Team either via their website or by calling 402-471-2628.
A gentle reminder: if you’re approached for money online, especially if you haven’t met the person, think twice—it’s likely a scam. Reporting and awareness are key in fighting back against these damaging scams which leave many in financial distress.
