Jason Tschetter of Camrose, Alberta wanted to invest to help his growing family and researched cryptocurrencies before putting some money into a trading platform online.
But he was shocked to find out that the platform he used was a front for thieves and he ended up losing $81,000.
“In a time of uncertainty like this you have to wonder how you are going to keep food on the table,” Tschetter told CTV News Toronto.
“We are devastated, and our family is devastated. I’ve had to go back to work on a seven-day rotation to work everyday. Losing this much money has ruined things.”
Juliana Fairburn of Scarborough, Ont. invested in cryptocurrencies after a friend suggested she could do it to make extra money.
Fairburn put $30,000 into a cryptocurrency trading platform, funds she needs as a down payment for a condo she plans to purchase.
Jason Tschetter of Camrose, Alberta lost $81,000 in a scam. (Supplied)
For the past six months she has been trying to get the money back, but she is locked out of her trading account and no one is answering her calls or emails.
“I’ve accepted already that maybe the money is gone, but I really need that money back,” Fairburn said. “That money we put into this cryptocurrency investment is needed for the closing costs for the condo we bought.”
The Better Business Bureau (BBB) said that cryptocurrency fraud is now the number one scam in Canada with investors young and old falling for crypto scams online.
“It’s unfortunate because a…
