AARP Sounds Alarm on Cryptocurrency Scams Targeting PA

An AARP study ranks Pennsylvania sixth in the nation for cryptocurrency fraud reports, with losses topping $537 million.  Teresa Osborne with AARP Pennsylvania says nearly four in ten adults have experienced fraud, with more than one in three being over 50.  Osbourne says more scams are shifting to online and can start as a text message or a link…

“Criminals are taking advantage of new technology and everyday digital habits–like what am I doing on my iPhone or my computer?  Am I answering texts?  Am I clicking on links?  Pressure is a huge red flag.  Being told you have to act fast or keep something secret.  Being told to move money into cryptocurrency to fix a problem.”