Wellington County resident loses more than $300,000 in recent fraud.

by | Feb 28, 2023 | Local News

A Wellington County resident has lost more than $300,000 in a fraud reported on Sunday February 26th.Since last October, the victim has sent more than $300,000 to someone a friend had met online. The suspect would present different reasons for needing money, which the victim would then send in Bitcoin. The victim also invested in the suspect’s business venture, with the promise their money would double. When the victim couldn’t withdraw funds from the alleged investment, they became suspicious and contacted police.The Canadian Anti-Fraud Centre says Ontario residents lost around $136-million in investment-related frauds and more than $20-million in romance-related frauds last year.Wellington County Crime Unit is continuing to investigate, and is asking anyone with any information to call 1-888-310-1122. If you wish to remain anonymous, call Crime Stoppers at 1-800-222-TIPS, or submit a tip online.

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