A lawsuit to recover $2.2 million in cryptocurrency stolen from victims who were misled by a fraudulent job offer scheme has been filed by New York Attorney General Letitia James.
According to a January 9 statement, scammers targeted individuals via text messages, falsely promising well-paying remote jobs that turned out to be a trap.
Attorney General James said, “Scammers sent text messages to New Yorkers promising them good-paying, flexible jobs only to trick them into purchasing cryptocurrency and then stealing it from them”.
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Victims were persuaded to open cryptocurrency accounts, deposit funds, and review products on fake websites designed to mimic legitimate companies.
The scammers claimed that these deposits were only needed to “validate” the process and assured participants their money, along with a commission, would be returned. However, the funds were stolen, and no one received any promised payments.
She stated that exploiting people seeking remote work to provide for their families is unacceptable.
Deceiving New Yorkers looking to take on remote work and earn money to support their families is cruel and unacceptable.
The stolen cryptocurrency has been frozen with help from the US Secret Service. Attorney General James reminded the public to be cautious of unsolicited text messages offering work or other financial opportunities.
Meanwhile, a Washington pastor recently faced charges for deceiving over 1,500 people through a crypto scheme. How did the case go? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
