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## Denver Police Department Warns of Cryptocurrency ATM Scams

The Denver Police Department is cautioning the public about a recent uptick in scams involving cryptocurrency ATMs, with scammers targeting individuals impacted by fraudulent schemes. In a recent case, a victim fell prey to this trend and lost a staggering $14,000.

These incidents exhibit similarities to previous scams, but scammers have modified their tactics to exploit the use of cryptocurrency ATMs. The evolving nature of these schemes poses a significant risk to unsuspecting individuals.

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The Denver Police Department highlighted a case where a scammer impersonated a DPD officer, falsely informing the victim of a warrant for her arrest due to missed court appearance. The victim was coerced into depositing bail money using a cryptocurrency ATM at a local laundromat.

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Initially, the victim complied with the scammer’s demands and sent the requested amount. However, the scammer persisted and coerced the victim into sending additional funds, resulting in a total loss of $14,000 before the victim realized the deception.

Denver law enforcement emphasizes that they will never demand money over the phone or threaten individuals with arrest warrants. If individuals encounter such calls, they are advised to terminate the conversation and report the incident to local authorities immediately.

### Taking Action Against Scammers

The Denver Police Department urges individuals to be vigilant and promptly report suspicious calls to safeguard themselves and others from falling victim to cryptocurrency ATM scams. By contacting 720-913-2000 or filing a complaint with the Colorado Attorney General’s Office online, individuals can take a proactive stance against fraudulent activities in the community.

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