Cayuga resident loses over $100,000 in investment scheme

CAYUGA— Haldimand OPP is reminding the public to be vigilant after a Cayuga resident was defrauded of over $100,000 by investing in Crypto currency with an online Crypto currency brokerage. The suspected fraud occurred between January 3 and March 8, 2022.  At this time, the victim is not able to retrieve their money from the investments. Due to the large amount of funds missing, the Haldimand Crime Unit has taken carriage of the investigation.

Besides keeping a close eye on your bank account and credit cards, OPP is reminding the public to be aware of the warning signs. Never give out any personal information to someone you don’t know. Always verify all contact information and don’t just call a number or email an address that some unknown person provides you with. The name on the caller display may be fraudulent. Give yourself some time to complete your own research. If someone calls you and identifies themselves as a bank representative, hang up and call your local branch to verify if the call is legitimate.

To learn about ways to protect yourself from scams and frauds, the OPP encourages community members to stay educated on fraud prevention.

The “Little Black Book of Scams” can be found at: competitionbureau.gc.ca/eic/site/cb-bc.nsf/eng/03074.html.

If you are the recipient of a fraudulent call, text or email, or if you’ve been a victim of a fraud, you are encouraged to report the incident to the Canadian Anti-Fraud Centre by calling 1-888-495-8501.