Local Law Enforcement Battles Surge in Crypto Scams Targeting Elderly

Local law enforcement agencies are struggling to keep up with a growing number of digital asset scams, particularly targeting vulnerable populations. Across several counties, victims have been exploited by criminals who leverage fear and intimidation to trick them into sending funds for supposed missed jury duty or impersonation schemes. These individuals use forged documents and social engineering tactics to pressure victims into transferring bitcoin and other cryptocurrencies. Notably, recent data suggests that these scams have resulted in substantial losses for many residents, with the Lincoln Police Department reporting millions of dollars lost since 2020.