Ont. senior says she lost $80K to cryptocurrency scam on Facebook

The Better Business Bureau released its top 10 list of scams for fraud prevention month and in the number one spot is the cryptocurrency scam Canadians lost more than $300 million to investment scams last year many people were misled by fake ads on social media here’s Pat forign and consumer alert Pat

Nathan and Michelle scammers are using artificial intelligence to create the ads which promise you can make big money fast by the time people figure out they’re caught in a scam it’s too late Ajax senior recently lost $80,000 I don’t know how I fell into this trap but they certainly caught me

Lenora bamir of Ajax says she was on Facebook when she saw what she thought was a news story about an investment opportunity she contacted the company and started with $250 in cryptocurrency when it appeared to go up she handed over more money I’m not usually that big

Of a pushover but somehow they managed to push all my buttons made me trust them and I put more money into it bamir ended up being scammed out of $80,000 that’s a few years income for me the Better Business Bureau says investors May believe their money is

Growing in value but when they go to take it out they can’t when individuals are trying to um take that money back out they’re unable to um sometimes uh the app just disappears criminals are also using AI to create fake ads with high profile investors like Elon Musk

Millions of users were able to close all their debts in the first week on the platform buy a car a month later and buy their dream home 6 months later plus if you don’t make your first million in 6 months I will personally give you a Tesla Model 3 the fake videos are

Popping up on social media and being sent through hacked accounts this great investment you need to hack now click on this link um and then you find out later that it really wasn’t even your friend their their account had been hacked to protect yourself against AI fraud

Remember AI can make fake images audio and videos impersonate well-known companies or individuals generate fake investment opportunities and use voicing cloning for deceptive marketing bamir is still hopeful she can recover some of her funds and regrets falling for the scam stay away from it it’s too dangerous just everybody be really

Really super careful the money is just too hard to come by these days and usually the fake ads look choppy and have unusual movements check sources carefully to make sure you’re on the correct website do your research and warn other family members the fake ads exist on your side I’m Pat foren

Lenora Bellehumer of Ajax, Ont. says she lost $80,000 to a cryptocurrency scam she found on Facebook as more Canadians fall victim to it.

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