By CCN: A man from the English channel island of Jersey just wanted to buy bitcoin. In actuality, the unfortunate victim gave away an eye-popping $1. 6 million in life savings to crypto scammers.

The Jersey Evening Post reports the thieves promised the victim 1,500% returns on his investments. According to the Post, a spokesperson for the Jersey Financial Services Commission said: “The victim was engaged for over an 18-month period and they were able to build trust prior to getting the victim to send the greater amounts. ” Detectives and other employees at the U. K. National Crime Agency say it is

The post Disgusting Bitcoin Scam Swipes $1. 6 Million from Jersey Victim’s Life Savings appeared first on CCN

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