Cobourg Police are urging residents to stay vigilant after a local resident lost more than $60,000 in an online investment scam.
According to police, the victim met someone claiming to be an investor and stayed in contact through WhatsApp and other social media platforms. Over time, the victim made multiple money transfers, believing their money was being managed in legitimate investments. The scam led to a significant financial loss, and the investigation is ongoing.
Police are reminding the public to take precautions before engaging in any investment opportunity. Scammers often pose as trusted professionals and promote fake investment groups online to lure potential victims. Authorities urge residents to:
- Always verify the credentials of investment advisors.
- Avoid sharing personal information or sending money through unverified platforms.
- Be wary of unsolicited offers and promises of high returns.
- Refrain from downloading unknown software or granting access to your devices.
Anyone who has been a victim of fraud should report the incident to local police and the Canadian Anti-Fraud Centre by calling 1-888-495-8501 or visiting www.antifraudcentre-centreantifraude.ca.
The Cobourg Police Service continues to work on the case and is committed to raising awareness to help prevent similar incidents in the future.
(Written by: Joseph Goden)