How Romance, Crypto, And Fake “Chinese Police” Scams Empty Bank Accounts

CONCORD, CA —Victims of cryptocurrency scams involving fake "Chinese police" and romantic gestures have cost some residents their life savings, authorities said.

In several of the scams, suspects encouraged victims to invest in cryptocurrencies through fake trading platforms, resulting in victims losing all their funds. In one case, the suspect taught the victim about crypto investing, according to the Contra Costa Sheriff's Office. Ever more confident, the victim added more funds — only to lose it all.

Some scams urgently exploited romance to manipulate victims' trust, while others used ruthless scare tactics. Impersonating “Chinese police,” scammers terrified victims by claiming their personal information was used in crimes in China. One was threatened with extradition unless bail was paid immediately. Another was coerced into turning over all assets on the spot to prove they were not linked to a crime.

Scammers often create a sense of urgency to pressure people to act quickly. Official-looking phone numbers and email addresses may be spoofed or fake. Scammers often tell victims to keep things “secret” and not tell anyone, according to the sheriff's office.

Authorities said to be on the alert:

-If you receive such a call, hang up. If you receive such an email, do not open or respond, delete it.

-Always be skeptical of unsolicited communications and verify using official contact information.

-Do not ever disclose personal information or send any money.

-Follow your instincts, if something doesn’t sound or feel right, stop, and ask someone you trust. Don’t be pressured to provide information or do something.

-Please keep an eye on vulnerable populations who are often targeted.

-If you are a victim, contact your local law enforcement agency.