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Russian woman scammed twice in cryptocurrency and recovery fraud schemes

First, she trusted a ‘risk-free’ crypto investment. Then, a fake lawyer promised to recover her money. Now, police warn others not to fall for the same tricks.

In the image we can see there is a broken wall on the ground and there are red bricks of the wall...
In the image we can see there is a broken wall on the ground and there are red bricks of the wall are on the ground. There is a car parked on the ground and there is a plant kept in the pot. There are buildings and there is a hoarding on the wall on which it's written ¨Bail Bonds¨.

Russian woman scammed twice in cryptocurrency and recovery fraud schemes

Authorities in the Republic of Komi have issued a stark warning to residents after a local woman lost a substantial amount of money to fraudsters, twice. The Interior Ministry advises the public to be cautious with their personal and financial details.

The woman, a 64-year-old resident of the Pechora district, initially fell victim to fraudsters posing as cryptocurrency trading experts. She lost a total of 600,000 rubles in two separate incidents. In the first instance, she was persuaded to invest in a high-yield, risk-free cryptocurrency scheme. Later, she was targeted again, this time by an unknown caller claiming to be a lawyer who could help her recover her lost funds. Believing the offer, she transferred over 48,000 rubles to the fraudster. The ministry warns the public against trusting such offers, especially those promising quick, easy profits in cryptocurrency, stocks, or other assets. Criminal cases have been opened under Article 159 of the Russian Criminal Code, which covers finance fraud.

The Republic of Komi Interior Ministry urges residents to be vigilant and not share sensitive information like bank card details, SMS codes, or passwords with strangers. The ministry reminds the public that legitimate finance services and law enforcement agencies will never ask for such information over the phone. Anyone who suspects they have been targeted by fraudsters should contact local law enforcement immediately.

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