On the rise this year are calls to small business owners, the elderly, and others demanding payment in bitcoin for a “late” utility bill. The scammers will threaten you and may cause serious panic (which they are counting on). Solution: JUST HANG UP. For peace of mind, find the legitimate number of your utility company and call them for the status of your account.
Before you buy digital currency, please take a moment to read through this list and educate yourself on the type of scams affecting Bitcoin and ATMs. Awareness of these frauds is the best form of prevention.
A new scam popped up in the 2nd week of February 2017 on our Bitcoin ATM network. It works like this:
- Consumer finds a used car listing on Craigslist.
- Responds to seller via the Craigslist email system.