COLUMBUS – The Ohio Narcotics Intelligence Center (ONIC) and the Ohio Department of Aging are warning Ohioans of a growing trend of cryptocurrency scams targeting older adults.
During the course of drug-related investigations, the ONIC became aware of these types of financial exploitations against older adults and worked in conjunction with the Ohio Department of Aging to bring awareness by issuing a public bulletin today to encourage older Ohioans, family members, and caregivers to be on alert.
Cryptocurrency is a form of digital or virtual currency that operates like coin and paper money and can be used for payment methods or sending and receiving funds.
Two of the most popular forms of cryptocurrency are Bitcoin and Ethereum. These scams ask individuals to pay in cryptocurrency or through cryptocurrency automated teller machines (ATMs).
