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Canadian Cryptocurrency Owners Fall Victim to Employment Scams Who Have Already Pilfered $240,000 in 2019

  • 📰 News

    Fake websites, fake contacts, and fake promises – here’s how scammers dupe gullible jobseekers

Cover image via news.u.today
Contents

Have you finally found your dream job? Don’t rush to celebrate.

Fraudsters are laundering with the help of fake job offers. According to CBC, scammers stole more than $240,000 from the residents of Edmonton while using them as ‘money mules.’    

A nightmare job

A bad actor who poses as a legitimate employer conducts an online job interview and offers its victim to work remotely. Here’s the catch – the lucky one has to fill out special forms that require personal and financial information, which will be essential for stealing your identity.

So, what’s the job? Apart from getting their hands of sensitive data, scammers also use their ‘employees’ for money laundering purposes. They make their victims feel important and cajole them into managing funds with their own crypto wallets or bank accounts.

To top that off, they also infiltrate their victims’ computers by sending files malware. 

No one is safe

In case you feel like you will never fall for this, local police detective Linda Herczeg has a dire warning for you – everyone can be a victim. They use complicated tactics to make it seem like their job offers are legitimate.

They groom you. They are in constant contact,’ warns Linda Herczeg, an Edmonton police detective. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Bitcoin Price Likely to Decline to $7,800: Crypto Analyst

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    Bitcoin is to find support at $7,800 or recover to $8,300, an analyst writes, but either way ‘continuation of the ranging on either of the levels is going to occur’

Cover image via www.123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Over the last few days, Bitcoin has been trading below the $8,500 area. At the moment, it has recovered to $8,258 after the recent slip below the $8,100 level.

Analysts have been bullish on BTC in the long run, however, the nearest BTC price movements are expected to be bearish.

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The crypto analyst @CryptoMichNL believes that there are two paths ahead of Bitcoin at the moment. If it fails to recover to $8,300, he says on his Twitter page, then the market should be ready for the flagship coin to drop and find support at the $7,800 or $7,300 levels.

Whichever way it goes, ‘continuation of the ranging on either of the levels is going to occur’.

The analyst tweeted this forecast twice with an hour pause.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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