Coquitlam RCMP are warning the public about a new phone scam that's making the rounds in…
OSC: Man sentenced for bitcoin trading scheme
Toronto (December 12, 2019) – The Ontario Securities Commission (OSC) announced the sentence of Oliver Folkard for conducting a bitcoin trading scheme. Justice Philip Downes sentenced him to eight months in prison and three years of probation for defrauding at least...
Breaking cases regarding bitcoin investment fraud schemes from the New York Eastern District Court
New York (November 11, 2019) – In the New York Eastern District Court, two bitcoin investment fraud cases have come to an end lately. Reggie Middleton was accused of an initial coin offering (ICO) of the Veritaseum (VERI) token worth US$14.8 million. He settled the...
Regional scam alert in Kingston due to phone scam asking for Bitcoin
Kingston (October 3, 2019) – The Kingston police issued a regional scam alert. Two residents reported being defrauded out of a total of about $25,000 in Bitcoin by phone scammers impersonating police officers. The police remind the public that they would never ask for...
Financial commission warns against fraudulent offers for high-risk crypto asset investments
New Brunswick (September 25, 2019) – New Brunswick’s Financial commission joins the warnings issued by international regulators and the Manitoba Securities Commission against 4XFX and Coinbrokerz which claimed to offer investment opportunities in bitcoin along with...
RCMP warn against CRA Bitcoin Scam
Coquitlam (September 20, 2019) – RCMP warn against the Canada Revenue Agency (CRA) Bitcoin Scam. The Coquitlam Mounties state that the complaints about phone calls of fraudsters posing as CRA employees demanding immediate payment in bitcoin has increased fourfold....