A lawsuit to recover $2.2 million in cryptocurrency stolen from victims who were misled by a fraudulent job offer scheme has been filed by New York Attorney General Letitia James.
According to a January 9 statement, scammers targeted individuals via text messages, falsely promising well-paying remote jobs that turned out to be a trap.
Attorney General James said, "Scammers sent text messages to New Yorkers promising them good-paying, flexible jobs only to trick them into purchasing cryptocurrency and then stealing it from them".
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Victims were persuaded to open cryptocurrency accounts, deposit funds, and review products on fake websites designed to mimic legitimate companies.
The scammers claimed that these deposits were only needed to "validate" the process and assured participants their money, along with a commission, would be returned. However, the funds were stolen, and no one received any promised payments.
She stated that exploiting people seeking remote work to provide for their families is unacceptable.
Deceiving New Yorkers looking to take on remote work and earn money to support their families is cruel and unacceptable.
The stolen cryptocurrency has been frozen with help from the US Secret Service. Attorney General James reminded the public to be cautious of unsolicited text messages offering work or other financial opportunities.
Meanwhile, a Washington pastor recently faced charges for deceiving over 1,500 people through a crypto scheme. How did the case go? Read the full story.