A grandfather from Ternopil transferred 1 million hryvnias to cryptocurrency scammers

A 64-year-old resident of Ternopil fell victim to sophisticated scammers who, under the guise of training in cryptocurrency investment, tricked him out of a million hryvnias. The criminals operated through social networks, offering attractive but fictitious investment conditions. This was reported by the main department of the National Police in the Ternopil region.

Investment Fraud Scheme in Cryptocurrencies

The man contacted the police after his connection with the so-called broker-analyst suddenly broke off, and access to the investment platform was blocked. Over three months – from July 27 to October 17 – he made a series of transfers from his electronic wallet amounting to the equivalent of $28,100. It all started with an advertisement on social media offering training and the possibility of quick profits. Intrigued, the man registered on the site and began to transfer funds to the specified accounts.

A criminal case has been opened for fraud under part 1 of Article 190 of the Criminal Code of Ukraine. The police emphasize the need for increased caution when working with online platforms, especially regarding financial transactions. 

Rules for Checking Doubtful Investment Offers

To avoid losses, follow a few key rules:

• Carefully check information about financial companies on the official websites of regulatory authorities.
• Do not provide access to your bank accounts or personal data to unknown individuals.
• Be skeptical of offers that promise excessively high and quick profits.

This case is an urgent reminder that scammers actively use social networks to find victims, preying on people's desire to earn money. If you become a victim of such actions, you should immediately contact the police at line 102.

Earlier, we reported that scammers have intensified in the housing rental market. They use fake pages with attractive images of housing to attract attention. After contacting the tenants, scammers demand urgent prepayment, and after receiving the money, they disappear.