Calgary police look to identify 4 suspects in $200k Canada-wide bitcoin fraud - News Summed Up

Calgary police look to identify 4 suspects in $200k Canada-wide bitcoin fraud


Calgary police are looking to the public to help identify four men suspected in a $200,000 bitcoin fraud that included attacks in seven Canadian cities. The Calgary Police Service cybercrime team's investigation began in October 2018 when officers were tipped off to a major fraud involving transactions that target a Canadian bitcoin company. Other targeted cities include Toronto, Montreal, Winnipeg, Sherwood Park, Ottawa and Hamilton. Those attacks involve withdrawing money from a bitcoin kiosk and remotely canceling the transaction before the company can process the withdrawal. Agencies including the Toronto Police Service, Hamilton Police Service, Winnipeg Police Service and Halton Regional Police Service are assisting CPS.


Source: CBC News March 12, 2019 17:56 UTC



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