Home Business NatWest sounds alarm about rampant cryptocurrency scam | City & Business |...

NatWest sounds alarm about rampant cryptocurrency scam | City & Business | Finance

1

The scam typically involves criminals posting adverts online carrying a bogus celebrity endorsement on a fake website with an article promoting cryptocurrency. Investors are asked to complete a contact form and the criminal uses these details to follow up with a telephone call. During the call the fraudster, a “cryptocurrency trader”, helps the victim open a wallet with a cryptocurrency trading platform and in the process persuades the victim to install remote access software onto their computer.

Millions of pounds from being sent to crypto-criminals who are exploiting the high levels of interest in the currency. However, consumers should always be alert, especially to the use of fake websites and bogus celebrity endorsements.” 

NatWest encourages customers to beware of fake websites advertising get-rich-quick cryptocurrency schemes and urges anyone who is trading in cryptocurrency to verify that no one else can access their cryptocurrency wallet….

Click here for full article…www.express.co.uk