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FBI Alerts Public About Phony Entities Promising to Redeem Lost Crypto

By: Investor Brand Network
July 03, 2024 at 09:05 AM EDT

The FBI recently released a warning about a new tactic that scammers are using to further deceive victims of crypto fraud. According to the agency, these fraudsters are pretending to be lawyers from nonexistent law companies. They contact victims through messaging apps and social media, offering services to help recover their lost funds, with the real aim of swindling more funds or personal information from them.

According to the FBI’s warning, the con artists frequently assert that they are approved by the Consumer Financial Protection Bureau (CFPB), the FBI or other governmental organizations. Victims find these fake lawyers through fraudulent websites designed to look authentic and seek help to recover their…

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