Home Shoreline News Kincardine Resident Loses $95,000 in Crypto Scam

Kincardine Resident Loses $95,000 in Crypto Scam

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A Kincardine resident is out almost $100,000 after being the victim of a cryptocurrency scam.

South Bruce OPP say they are investigating a large sum scam after a victim made several transaction to a fraudster through a crypto trading platform.

The victim lost $95,000 from the scam.

OPP say cryptocurrency is not a get rich overnight scheme despite what advertisements might say, adding those who choose to invest should do their research beforehand and consider speaking to a financial advisor and that if it sounds too good to be true, it likely is.

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