March 03, 2025

100k lost in cryptocurrency scam in Bruce County

On February 25, 2025, the South Bruce Ontario Provincial Police (OPP) were dispatched to an address in the Municipality of Kincardine, where an individual reported being the victim of a fraud.

An investigation revealed that over the past few months, the victim made a series of transactions amounting to approximately $100,000 through a cryptocurrency investment company. The victim stumbled upon this investment company through an online advertisement, where they later conversed with an individual on numerous occasions to facilitate the transactions. Once the victim attempted to make a withdrawal from their account, they became aware that there were no funds available.

The investigation has been passed over to the South Bruce OPP Crime Unit.

We urge residents to be cautious when engaging in digital currency transactions and investments.

For more information on fraud, you can contact the Canadian Anti-Fraud Centre at 1-888-495-8501 or http://www.antifraudcentre.ca

The South Bruce OPP is requesting anyone with information to call 1-888-310-1122. Should you wish to remain anonymous, call Crime Stoppers at 1-800-222-8477 (TIPS) or submit a secure web-tip at www.cstip.ca, where you may be eligible to receive a cash reward of up to $2000.

 

---

At South Grey News, we endeavour to bring you truthful and factual, up-to-date local community news in a quick and easy-to-digest format that’s free of political bias. We believe this service is more important today than ever before, as social media has given rise to misinformation, largely unchecked by big corporations who put profits ahead of their responsibilities.

South Grey News does not have the resources of a big corporation. We are a small, locally owned-and-operated organization. Research, analysis and physical attendance at public meetings and community events requires considerable effort. But contributions from readers and advertisers, however big or small, go a long way to helping us deliver positive, open and honest journalism for this community.

Please consider supporting South Grey News with a donation in lieu of a subscription fee and let us know that our efforts are appreciated. Thank you.