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Investment and cryptocurrency fraud are on the rise, with significant financial losses reported. Last year, roughly 2,680 Floridians were victims of investment fraud, losing over $300 million. Additionally, a state regulator recently warned of crypto fraud after an investor lost $750,000. The Commodity Futures Trading Commission (CFTC) is releasing a prevention brochure in partnership with several agencies, including the FBI and the IRS, to combat these scams. Reports indicate that over 69,000 complaints of crypto-based fraud were filed last year. The FBI Miami office highlighted a growing cryptocurrency scam known as 'Pig Butchering.'
Last year saw over 69,000 complaints from people who were victims of crypto-based fraud. https://t.co/xCu9X0pnpB
Earlier this week, SSA Baldwin interviewed with WSVN reporter Heather Walker about the growing cryptocurrency scam called "Pig Butchering." Learn what to do if you if you are a victim of a cryptocurrency scam: https://t.co/V8kx7Zsy7E https://t.co/NGJwUcN8xr
For anyone contacted by a podcast or media company wanting to interview you, please verify with extra care. And NEVER EVER download anything. I was contacted to be on the @RealVision podcast by @wnicola_eth and @brian1_eth and then got sent a link to a video conference app they…
