Financial Insights That Matter
Pennsylvania Attorney General Dave Sunday is reminding residents about Bitcoin scams happening to steal money.
The scams often attempt to coerce someone into making large cash withdrawals and deposit money into a Bitcoin ATM. Then scanning a QR code to send the money making it nearly impossible to track.
So whenever sending money remember these tips to avoid being scammed.
- Scammers are depending on rushing you into decisions so slow down and confirm information with outside sources.
- Do not withdraw cash due to an unexpected call or message
- Real agencies or business would never request payment through Bitcoin, gift cards, or through wiring money.
- Urge you bank to put more protections in place to prevent scams.
If you are ever a victim of one these scams you are asked to report it to the Attorney General’s office.
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