Westlake police report a rise in Bitcoin ATM scams in Ohio, drawing public attention to this increasing issue.
Thwarted Scam in Westlake
According to reports, a Chase Bank manager prevented a scam involving $17,000. The couple came to the bank to withdraw money for what they thought was a warrant from the Cuyahoga County Sheriff's Office. The manager spotted the unusual behavior and alerted the police.
Scammers' Modus Operandi
Westlake Police Captain Jerry Vogel noted that scammers use scare tactics, often targeting the elderly. For example, victims are convinced to withdraw large sums allegedly to protect their accounts.
Analysts Warn of Bitcoin ATM Scams
Cyber analyst Alex Hamerstone emphasizes that if someone demands urgent money, it's likely a scam. He adds that police will never call before an arrest, and tax authorities won't accept payments via gift cards.
Bitcoin ATM scams are becoming more prevalent, and police urge residents to remain vigilant and cautious.
