US Tech Scam Crackdown: The States Seized $1.4million from Tech Scammers

FBI Seizes $1.4 Million in a US tech scam crackdown, restoring trust and security for elderly victims. 

FBI uncovered a group of tech scammers who recently targeted older people in the States. The hackers began displaying pop-up notifications regarding system compromise to the victims

Further, they redirected the victims to an OS provider like Windows or Apple. By sharing additional details of the OS operator, victims instead contacted the fraudsters. The former had assumed them to be technical support team members. 

Next, fraudsters tricked and prompted the victims to install remote access programs on their devices. Further ado, the scamsters even bothered the victims that their bank account credentials and related security data were compromised. As soon as they flew, they were connected to the bank employee. It was another fraudster. 

Besides this, the fake employees also combined their targets to switch their savings to cryptocurrency. Yet, cryptocurrency was not the medium of fraud. Instead, it prompted targets to transfer savings to a scamster-owned crypto wallet. 

US Tech Scam Crackdown: The Quick Actions of FBI

When the FBI learned about the fraudulent cryptocurrency accounts, they took court orders to seize that money.  

In the order, the FBI disclosed all the amount the scamsters had transferred the theft money into five accounts. Since RBI has found the latter with the help of an intermediary address, they would soon return it to all the victims. 

Wrapping Up

FBI has uncovered the scam group targeting older people. Their Strict law enforcement action has opened a way to restore the victims’ money. This quick action shows the FBI’s commitment to tackling financial crimes.

Also read: Tether to launch USDT Stablecoin on Celo Blockchain