University RCMP is warning the public about a significant increase in fraud complaints involving scammers posing as police officers and demanding payment in cryptocurrency.
The University RCMP says it has received numerous reports recently from victims who were contacted by phone from individuals claiming to be law enforcement.
In many cases, Mounties say the caller ID is spoofed to appear as though the call is coming from a legitimate police phone number, increasing the credibility of the scam.
In these incidents, police say suspects often allege that the victim is under investigation, owes fines, or has had their identity linked to criminal activity. Victims are then instructed to send cryptocurrency to resolve the issue or avoid arrest.
“It’s important to know that police will never demand payment in cryptocurrency, gift cards, or electronic transfers, nor will officers threaten immediate arrest or request financial information over the phone,” said Staff Sergeant Matt Wrobel of the University RCMP. “Fraudsters will often request cryptocurrency because once funds are transferred, they are extremely difficult, if not impossible, to recover.”
Police remind the public:
- Caller ID can be manipulated – a call appearing to come from police does not mean it is legitimate
- Hang up immediately if payment is demanded or threats are made
- Police do not accept cryptocurrency, gift cards, or wire transfers
- Verify independently by contacting your local police detachment using a publicly listed phone number
- Never share personal or financial information with unsolicited callers
- Speak with a trusted person before taking action if you feel pressured
Family members are encouraged to discuss these scams with seniors and vulnerable individuals, who are frequently targeted.
RCMP further note that if cryptocurrency has already been sent, contact your exchange or platform immediately. While recovery is unlikely, they say prompt reporting is critical. If you’ve fallen victim to a fraud or scam, please report it to your local police.
For more fraud prevention information, visit:
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