Australian Federal Police Lead Crypto ATM Crackdown

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Australian federal police said it has contacted over 90 Australians as part of a crackdown on criminal use of crypto ATMs, including pig butchering victims and suspected offenders. 

One of the victims was a 77-year-old widow who was scammed out of 433,000 Australian dollars ($281,947) in an online dating scam, Australia’s financial intelligence agency, AUSTRAC, said on Wednesday.

Australian public broadcaster ABC reported the widow was unaware that the Belgian man she’d been dating online for two years was a fraud until police showed up at her…



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Australian Federal Police Lead Crypto ATM Crackdown


Australian federal police said it has contacted over 90 Australians as part of a crackdown on criminal use of crypto ATMs, including pig butchering victims and suspected offenders. 

One of the victims was a 77-year-old widow who was scammed out of 433,000 Australian dollars ($281,947) in an online dating scam, Australia’s financial intelligence agency, AUSTRAC, said on Wednesday.

Australian public broadcaster ABC reported the widow was unaware that the Belgian man she’d been dating online for two years was a fraud until police showed up at her…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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