Warning Against Crypto Fraud from Florida Government

The Florida Department of Agriculture and Consumer Services (FDACS) has issued a warning against payment scams via cryptocurrencies.
 Warning Against Crypto Fraud from Florida Government
READING NOW Warning Against Crypto Fraud from Florida Government

The Florida Department of Agriculture and Consumer Services (FDACS) has issued a warning against payment scams via cryptocurrencies.

Crypto services that continue to evolve with new collaborations are spreading to a wide network. But growth has disadvantages such as being a tool for fraud. Cryptocurrencies, which have turned into a weapon in the hands of malicious people, are the new players of increasing frauds. The Florida government, which wanted to prevent the situation, also issued warnings.

Florida Government Issues Warning Against Crypto Scams

Florida’s Department of Agriculture and Consumer Services (FDACS) has released five items that can help citizens identify and avoid potential scams.

FDACS has shared information regarding automated call scams, which include requesting payment for services via gift cards and cryptocurrencies.

The following items frequently used by scammers were emphasized:

  • Urgent Action: A call or text opens the door to fraud, saying it’s urgent that you take immediate action to continue your vehicle’s warranty coverage.
  • Fake Fact: An outside company is asking for money by offering to extend the factory warranty in a way that only the vehicle manufacturer can do.
  • Scammers: Scammers may ask for money by implying that they work for a company you know and trust.
  • Personal Information: Requests for your Social Security number, driver’s license number, or credit card information are sure signs of fraud.
  • Method of Payment: If you are asked to pay with a gift card or cryptocurrency, it is a scam.

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