In Monroe, Louisiana, local authorities have issued a warning about a Bitcoin scam that is preying on the elderly community. Scammers are reportedly posing as government officials or law enforcement, claiming that the victim owes back taxes or has legal issues. They instruct the victim to withdraw large sums of money and convert it into Bitcoin at an ATM, often directing them to specific machines. Once the transaction is completed, the scammers disappear, leaving the victim without recourse. Monroe police have urged residents, especially seniors, to be vigilant and to report any suspicious activity. They emphasize that legitimate government agencies will never ask for payment in Bitcoin or other cryptocurrencies. Authorities are also working to raise awareness about these scams through co
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