7-22-22 Police Warn Public About Cryptocurrency Rip-off


Hawaiʻi Police Division
Hilo Patrol
Lieutenant Todd Pataray
Telephone: (808) 961-2213

Media Launch

Hawaiʻi Island police are warning the general public a few cryptocurrency rip-off that thieves are utilizing to commit monetary crimes.

Police report that people have acquired textual content messages from individuals claiming to be from their monetary establishment stating that their checking account has been compromised. The textual content message urges the financial institution buyer to switch their account stability into cryptocurrency, resembling bitcoin, till the fraudulent transactions might be resolved.

Clients are then directed to a bitcoin ATM and instructed to deposit their cash, get hold of a receipt, and to ship an image of the transaction to the individual claiming to signify the financial institution. The knowledge on the receipt incorporates account data that scammers can use to electronically steal cash from the individual’s checking account.

Hawai‘i Police Division reminds the general public that:

  • Cryptocurrency will not be backed by the federal government and isn’t an authorized U.S. foreign money.
  • Cryptocurrency funds usually are not regulated and usually usually are not reversible as soon as eliminated.

The general public is suggested that in the event that they obtain such a textual content message, they need to report it to their monetary establishment and call the police division’s non-emergency line at (808) 935-3311.

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