Toronto-area police warn of Bitcoin tax scam after more than 40 people defrauded

Source: The Canadian Press, November 8, 2017 

AURORA, Ont. – Police say more than 40 York Region residents have fallen victim to a Bitcoin tax scam, sending over $300,000 to fraudsters since August.

Police say they have seen a significant increase in reports of scammers identifying themselves as employees of the Canada Revenue Agency.

The suspects tell victims they have overdue taxes to pay, and threaten them with arrest if they don’t settle up.

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