The Scams
There are numerous types of scams including Bitcoin ATM scams, romance scams, wallet hacks, and pig butchering scams.
On average, victims can lose anywhere from $10K - $25K, and some lose over $1M. There is a lack in education on what these cases are, and how law enforcement needs to look at them.
These cases SHOULD be investigated, and there is a known recipe for success.
Bitcoin ATM Scam
A victim received a pop-up notification for a fraudulent charge. They are convinced to send a large amount of money through a Bitcoin ATM.
Romance Scams
A victim meets someone online and forms a bond with that person. The individual eventually asks for money in crypto, sometimes multiple times over a long time-period.
Pig Butchering
A victim meets someone online, or in-person, and is convinced in a short manner of time to invest in crypto. However, the platform that the trading is conducted on is completely fraudulent and the victim is completely unaware for a long period of time. These victims can lose millions.
Change Your Philosophy
Most investigations are about providing justice. In cryptocurrency scams, your mindset must be about retrieving money. The investigation demands speed.
2024 Year End Review From IC3
149K
Cryptocurrency Complaints
9.3B
Total Cryptocurrency Amount Lost
2.8B
Cryptocurrency Loss by age 60+ Alone
#1
Largest Amount Loss by All Crimes Tracked
66%
Increase In Losses Compared to 2023
C4LE | Crypto For Law Enforcement
Many victims across the nation receive little to no help involving cryptocurrency scams. Step back from your assumptions, and realize these cases should be investigated. This training is designed for Law Enforcement, from Patrol to Investigations, in order to support your communities.
LEARN ABOUT CRYPTO
Cryptocurrency scams can be daunting. By being trained in a simplified manner, these cases truly aren't that complicated.
Let me teach your department where I can provide a playbook where almost every case has a win.
Don't let these cases sit unassigned which results in victim's not being helped. Assign them quickly, trace the funds, and potentially be able to recover them.