Bethalto Police are shining a spotlight on a recent investigation involving cryptocurrency and online scammers.

They say a Bethalto resident lost nearly $93,000 and turned to law enforcement for help. Investigators teamed-up with a cryptocurrency expert from the Caseyville Police Department to trace the stolen funds and ultimately return the money to the victim.

Bethalto Police say they are still working to locate the persons responsible for the scheme, who are believed to be targeting other unsuspecting victims.

In a release, Madison County State’s Attorney Tom Haine commends the officers for their work in combating online scams and fraud.

Haine says this case also provides an opportunity to warn the public that online financial scams are growing in complexity and audacity. He says to never transfer funds or personal information, especially via cryptocurrency, until you have verified with trusted advisers and family members that all is well.    

Haine adds, when in doubt, call your local police department.