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CryptoIntelligence 2024-06-01 12:38:03

Crypto Scammers Target Canadians on Dating Apps, Leading to Huge Financial Losses

Crypto Scammers Target Canadians on Dating Apps, Leading to Huge Financial Losses

This summer, crypto scammers are aggressively targeting Canadians on dating apps and websites. Unfortunately, many people looking for love are suffering significant financial losses. The Canadian Anti-Fraud Centre (CAFC) has identified a surge in two specific types of crypto scams targeting Canadians: romance scams, also known as pig butchering, and investment scams. In response, the CAFC and the Canadian Investment Regulatory Organization (CIRO) issued a joint warning about these sophisticated scams, “particularly those involving extended online communication.” Scammers typically approach potential victims on dating platforms, convincing them to switch to private messaging services. Authorities caution Canadians to be suspicious of

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