Sunday, June 25, 2023

https://ift.tt/M081LBD lost $340000 to a crypto scam. Such cases are on the rise

Naum Lantsman in his Los Angeles home. He fell victim to a cryptocurrency scam and ended up losing his entire life savings.

He thought he was investing in cryptocurrency. In fact, he was being swindled out of his life savings. There has been a 900% increase in such cases since the pandemic began, federal regulators say.

(Image credit: Grace Widyatmadja/NPR)

He lost $340,000 to a crypto scam. Such cases are on the riseNaum Lantsman in his Los Angeles home. He fell victim to a cryptocurrency scam and ended up losing his entire life savings.

He thought he was investing in cryptocurrency. In fact, he was being swindled out of his life savings. There has been a 900% increase in such cases since the pandemic began, federal regulators say.

(Image credit: Grace Widyatmadja/NPR)



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