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October 25, 2025Cryptopolitan logoCryptopolitan

Canadian woman duped by grandson Bitcoin scam

A Canadian woman has lost funds to a notorious grandson Bitcoin scam that has been ongoing in several parts of the ￰0￱ incident was shared by the Canadian police, highlighting their hope that it can help other potential victims avoid falling for the ￰1￱ to the Canadian police, the grandson scam has now evolved, with the scammers now asking their victims for Bitcoin instead of wire transfers of ￰2￱ grandson scam is a criminal activity that has been rampant in the country, with elderly people receiving calls claiming their grandsons are in some sort of ￰3￱ scammers use the urgency of the situation and the emotional connection to appeal to their elderly victims to send money to help out their ￰4￱ woman loses funds to scammers In this case, the Canadian police mentioned that the elderly victim was led to believe that her grandson had just been ￰5￱ is a typical move to strike fear into the ￰6￱ majority of these scammers also try to impersonate law enforcement agents to give their scam an iota of ￰7￱ scammer asked her to send $2,000 in Bitcoin to have him released from police ￰8￱ victim, without hesitation, went ahead to send the ￰9￱ to the Canadian police, the victim stated in her report that she received a report from a man who identified himself as Tom ￰10￱ man told her that he was calling from outside the ￰11￱ further went on to narrate how the woman’s grandson had gotten into a squabble and was left with a broken ￰12￱ also mentioned that the grandson was now in police ￰13￱ asking what she could do to help her grandson, Scott asked her to pay for his ￰14￱ authorities claimed that the scammer gave the woman directions to a local Bitcoin machine and provided her with instructions on how to purchase the digital asset and send ￰15￱ man continued to call her even after she sent the money, a ploy to get her to send more money.

However, Canadian police said the victim’s granddaughter intercepted one of the calls and put an end to ￰16￱ told the scammers that the police had already been alerted and they were looking into ￰17￱ urge residents to be careful Speaking about the development, Canadian authorities have issued warnings to residents to be watchful about scams like ￰18￱ noted that they would never call anybody to ask for payments, especially in Bitcoin and other digital forms of currency, to release anybody who had been arrested. “If you receive a phone call from anyone claiming to be a law enforcement officer asking for bitcoin, money, or gift cards, hang up and break off all communication—it’s a scam,” said R/Cst Gary O’Brien of the Nanaimo ￰19￱ addition, the Canadian anti-fraud center has released several ways that scammers may try to ￰20￱ the post, they mentioned that aside from saying that a grandson had been arrested, they may say the grandchild had been in an accident or had trouble returning from a foreign ￰21￱ to reports, the fraudsters carry out a new variation of the scam where they will pretend to be a loved one using an unknown email or number to text their ￰22￱ anti-fraud center also released several guidelines for users if they discover that they are in this ￰23￱ such is to hang up the phone if they are contacted by a loved one via an unknown ￰24￱ way, they can call the person with a phone number they recognize to establish if it was the person or ￰25￱ addition, they should call the local police for confirmation if anybody claims they are from the local ￰26￱ agency also urged residents to be careful with the information they post ￰27￱ up to $30,050 in trading rewards when you join Bybit today

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