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Recovery of $2M Stolen in Crypto Through Remote Job Scams

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by A1

2 hours ago


New York Attorney General Letitia James has filed a lawsuit to recover over $2 million in cryptocurrency stolen from victims of fraudulent remote job schemes.

Fake Remote Jobs

In a January 9 statement, James outlined how scammers lured victims via text messages, offering positions as product reviewers. Victims were directed to create crypto accounts, deposit funds, and review items on fake sites mimicking legitimate brands. They were promised a return of funds with commission, but instead, these funds were stolen.

Deceiving New Yorkers who are simply trying to earn an honest living is cruel and unacceptable.Letitia James

Work-From-Home Scams

This case is part of a broader warning issued by the FBI in June 2024 about the rise in work-from-home scams. Victims are often contacted via calls or messages with offers of simple tasks, such as rating services, while being required to make crypto transactions. These transactions end up with the scammers, leaving victims financially devastated.

If you are directed to make cryptocurrency payments to your employer, it's likely a scam.

Public Awareness

The New York case highlights the evolving tactics of crypto scammers and underscores the importance of public vigilance.

The New York case underscores the need for governmental intervention and public awareness to thwart deceptive schemes preying on citizens.

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