A South Tyneside family is speaking out after an elderly man lost £3,000 to a convincing cryptocurrency scam. The fraudster built a false relationship over the phone, later tricking the victim into believing he had free Bitcoin worth thousands. This video breaks down how the scam worked, how scammers prey on older victims, and what steps you can take to protect yourself and your loved ones. Learn how crypto scams are evolving across the UK, what warning signs to watch for, and what organizations like Northumbria Police and Action Fraud are doing to raise awareness. Topics covered: – How scammers build trust with victims – The red flags in investment opportunities – What Coinbase and the police recommend to stay safe – How families can spot and stop financial abuse early
Leave a Reply