Bethalto Police warn of cryptocurrency scam | Local News – 247CryptoReporter


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.


#Bethalto #Police #warn #cryptocurrency #scam #Local #News

Want to see more news about Cryptocurrency?

Johnny Walker

I love posting news feeds!

Related Posts

How to ‘make finance great again’: Trump’s new cryptocurrency debuts – 247CryptoReporter

Former President Donald Trump launched a new crypto platform, World Liberty Financial, on Monday evening, 50 days before Election Day. ADVERTISEMENT Republican presidential nominee Donald Trump took to the X…

Ethereum and Bitcoin Investors Add Future A.I Dating Cryptocurrency To Future Investment Portfolios, Here’s Why – 247CryptoReporter

As the cryptocurrency market continues to evolve, a new contender is emerging that has caught the attention of Ethereum (ETH) and Bitcoin (BTC) investors—GoodEgg (GEGG), a revolutionary AI-driven dating platform…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Ethereum News : RSS Feed Generator, Create RSS feeds from URL

Ethereum News : RSS Feed Generator, Create RSS feeds from URL

Magic Eden and Mocaverse collaborate on NFT launchpad MagicMoca NFT Cryptocurrency

Magic Eden and Mocaverse collaborate on NFT launchpad MagicMoca NFT Cryptocurrency

Dogecoin News – Rollblock Skyrockets 160% as Cardano (ADA) and Dogecoin (DOGE) Holders Look for the Next Big Crypto

Dogecoin News – Rollblock Skyrockets 160% as Cardano (ADA) and Dogecoin (DOGE) Holders Look for the Next Big Crypto

How to ‘make finance great again’: Trump’s new cryptocurrency debuts – 247CryptoReporter

How to ‘make finance great again’: Trump’s new cryptocurrency debuts – 247CryptoReporter

Ethereum News : Ethereum falls to new 40-month low vs. Bitcoin — Bottom or more pain ahead?

Ethereum News : Ethereum falls to new 40-month low vs. Bitcoin — Bottom or more pain ahead?

Successful Trader Who Turned $5,000 into $1,000,000 Flipping Ethereum NFTs Shares High-Return Opportunity for the 2024/25 Bull Run NFT Cryptocurrency

Successful Trader Who Turned $5,000 into $1,000,000 Flipping Ethereum NFTs Shares High-Return Opportunity for the 2024/25 Bull Run NFT Cryptocurrency
Please enter CoinGecko Free Api Key to get this plugin works.