NY AG James Targets Crypto Fraud Which Allegedly Ensnared Victims With Fake Jobs
In a 50-page complaint, James outlined a complex fraud scheme that ensnared at least seven people in New York, Florida and Florida and ran from at least January 2024 through June 2024. Various aspects of the operation were conducted through cryptocurrency, a technology with which many of the targets were unfamiliar, according to the lawsuit.
January 10, 2025 at 05:50 PM
4 minute read
New York Attorney General Letitia James is targeting scams in which alleged bogus job offers were used to trick people out of millions of dollars worth of cryptocurrency, according to a lawsuit filed in a state court.
James alleged that defendants lured unwitting victims through unsolicited text messages offering paid employment opportunities, deceiving them into purchasing tens of thousands of dollars worth of cryptocurrencies and depositing them into accounts secretly under the scammers’ control.
“There was no legitimate operation and Victims earned no actual compensation. Through their deceptive and unlawful practices, Defendants intentionally misled the Victims—including New Yorkers—into believing they had obtained legitimate and income-producing employment when, in reality, Defendants were simply stealing the Victims’ cryptocurrency,” according to the lawsuit. The case was filed Thursday, in the Supreme Court of the State of New York in Queens.
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