UK police may be ‘ill-equipped to handle crypto crimes’ — Fraud victim
A fraud victim in the U.K. claims that local police failed to request his stolen funds be frozen, even though the tokens were sent to a centralized app that could potentially recover them.
The United Kingdom’s National Fraud Intelligence Bureau (NFIB) may be “ill-equipped to handle crypto crimes against UK residents,” according to one resident who was a victim of crypto fraud.
The victim, Martin — a British national who spoke to Cointelegraph on the condition that his full identity be redacted — claims that he lost approximately $46,000 worth of crypto to a scammer who posed as a Ledger employee. However, after he alerted the NFIB to the fraud, the agency allegedly failed to take appropriate measures to retrieve his stolen funds.
As told by Martin, the scammer contacted him by phone on Sept. 28, 2023, claiming to be a Ledger representative. The fake representative convinced him that a hacker had attempted to use his recovery phrase to steal his crypto. Martin was told that his Ledger device would be upgraded to “security level 3” if he took certain steps. But in reality, these steps consisted of cutting and pasting the scammer’s crypto addresses (which were sent through text) and confirming transactions to send his crypto to the scammer.
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