Lincoln Police are investigating after a 74-year-old man lost $1.3 in an online fraud scheme. “Officers learned the victim had befriended a female online who said she lived in Chicago,” Captain Todd Kocian says. “She introduced him to another website where she said he could buy and sell items using cryptocurrency and make a lot of money.
Over the next several months the victim used wire transfers to transfer over $1 million from his bank accounts and took out a home equity line of credit of $300,000. Police are trying to determine if any of the money can be recovered.
““We would like to remind everyone to be wary of online communications you’re having, if and when you are asked to wire money, transfer money, deposit money, ” Kocian says. He also says contact your bank or financial advisor to verify its validity before proceeding with the request.