Japanese Police Thwart ‘Teenage Crypto Scammer’

Source: Yoko Ken Chan/Adobe

Japanese crypto scammers seem to be getting more youthful – with police reporting they’ve arrested an 18-year-old on suspicion when trying to dupe a guy almost three occasions his age from over $17,000.

Per Jomo News, Maebashi Police Station, which reports towards the Gunma Prefectural Police Pressure, arrested an 18-year-old male restaurant worker in Takasaki, Gunma. The worker was billed with fraud-related offenses.

Law enforcement told the press outlet the 18-year-old contacted his intended victim – referred to as a 50-year-old man – inside a public parking area in Takasaki in March this season. The teen told the person than if he would give $17,300, he’d be certain to make “x100” profit around the investment. The teenager mentioned he would make use of the money to purchase an unnamed token as well as “guaranteed” the $17,300 stake wouldn’t be lost.

This initial approach didn’t convince the older man. However the 50-year-old seems to possess paid his phone number – or even the youth already had the amount – because the teen then ongoing to try to contact his would-be victim.

Police described the youth known as the 50-year-old on three occasions, trying to convince the person to transfer $17,300 in to the teenager’s banking account.

The person eventually seems to possess had enough – and known as law enforcement, who arrested the teen on October 5. The situation continues to be known the prosecution service.

Teenage Crypto Fraudster: Crooks Getting More youthful?

Crypto fraud continues to be increasing in Japan recently, with an increasing number of fraudsters targeting would-be victims aged 50-69. However, the fraudsters have usually been older individuals trying to trick people their very own age from money. The Takasaki situation is outstanding for bucking this trend.

This past year, police in Naha, Okinawa Prefecture, passed out awards to 3 convenience store workers who they deemed walked directly into prevent potential crypto scams. The employees known as police to inform them about potential victims who have been going to be taken in by crypto scammers.

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