Peterborough Police Warn Public of Bitcoin Scams Surfacing With Information Campaign

The Peterborough Police Service, along with several convenience stores in Peterborough, have started an information campaign around scams and Bitcoin, announced on Friday.

Police say that scammers often ask victims to make payments in Bitcoin.  To raise awareness, the Peterborough Police Service Fraud Unit attended convenience stores with cryptocurrency machines and placed information posters near the machines.

Police also ask residents to be vigilant and remind everyone that government agencies will not ask for payment in Bitcoin, pre-paid VISAs, gift cards, wire transfers or direct deposits to personal accounts. Bitcoin transactions are irreversible. 

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