U.S. Attorney Office Seizes $24,000 in Suspected Cryptocurrency Scam
FAIRVIEW HEIGHTS – The U.S. Attorney’s Office in the Southern District of Illinois announced Thursday the seizure of cryptocurrency valued at approximately $24,000 from an account believed to be involved in a fraud scheme against an O’Fallon resident. “Many of us are still learning the facts about buying and trading cryptocurrency, and as in many cases, scammers are targeting the vulnerable,” said U.S. Attorney Rachelle Aud Crowe. “I appreciate the collaboration between the O’Fallon Police Department and the U.S. Secret Service for their efforts to recover the victim’s funds.” “The U.S. Secret Service is dedicated to safeguarding the integrity of U.S. financial systems and preventing the public from losing their hard-earned money to these types of scams,” said Stephen S. Webster, Resident Agent in Charge of the U.S. Secret Service Springfield Office. “Unfortunately, new technology has made it easier for individuals
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