$165k lost in crypto scam
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Residents are urged to be very cautious when offered supposed investment opportunities after a Guelph man lost $165,000 in a cryptocurrency scam.
On Monday the victim reported he opened a number of investment accounts with companies he found through Facebook advertisements, including one supposedly featuring Prime Minister Mark Carney.
He deposited money into the accounts and was told his investment was climbing dramatically, but later experienced trouble when he tried to withdraw funds and was told additional fees would need to be paid.
The victim later lost another $3,000 after he was contacted by a company which claimed it could help him recoup his earlier losses.