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    Home»Cryptocurrency»Older Guelph man taken for $32,000 in cryptocurrency scam
    Cryptocurrency

    Older Guelph man taken for $32,000 in cryptocurrency scam

    May 15, 20251 Min Read


    Started by clicking on a link on Facebook, ended with bank account being cleaned out

    Guelph police are reminding residents to be extremely cautious when dealing with individuals online after a man lost approximately $32,000 in a cryptocurrency scam.

    A Guelph woman called police Wednesday to report her father, who is in his 70s, clicked on a Facebook link in January which led him to a supposed investment site. Since then, he has transferred more than $30,000 to various cryptocurrency accounts.

    The scam came to light when the victim’s daughter learned his bank account had been cleaned out.

    Residents should be very weary when dealing with anyone not personally known to them, including any online communication. Do not click on links sent by unknown senders or provide any personal information. Take steps to verify the other party’s identity.



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