CUYAHOGA COUNTY, OH - The Cuyahoga County Department of Consumer Affairs and the Federal Bureau of Investigation (FBI) invite stores to join Scam Squad in fighting Bitcoin scams.
Scammers frequently pose as utilities, police or government agencies to scare people into sending bitcoin.
The Department of Consumer Affairs, in partnership with the FBI, is mailing the alert signs to stores that have Bitcoin ATMs.
"Scam Squad is trying to disrupt these scams by warning people—before their cash is gone for good,” said Sheryl Harris, Director of the Cuyahoga County Department of Consumer Affairs.
Stores can help fight scams by displaying the Scam Squad alert signs in a noticeable place on or near the ATM.
“Education and prevention are the best tools to avoid being a victim of a financial scam,” said Assistant Special Agent in Charge Bryan P. Smith. “Technology makes the world a much smaller place and fraudsters can be anywhere. It is imperative for consumers to verify financial transactions prior to sending money in any form, including virtual currency. Be financially safe, learn more before sending.”
Store owners or managers can request print or digital versions of the Scam Squad alert signs by calling the Scam Squad hotline at 216-443-SCAM (7226) or emailing email@example.com.
The Cuyahoga County Scam Squad is a senior financial fraud task force made up of nonprofits, social service agencies that serve Older Adults and local, state and federal consumer protection and law enforcement agencies.