BOISE, ID — Attorney General Raúl Labrador is cautioning Idaho families about a rise in cryptocurrency ATM scams that are costing residents, particularly seniors, tens of thousands of dollars.
According to Labrador’s office, scammers often pose as government officials, tech support agents, or bank representatives to trick victims into depositing cash into cryptocurrency ATMs at gas stations and convenience stores. Once transferred, the funds are nearly impossible to recover.
In one recent week, a Stinker Store employee in Boise prevented two separate seniors from losing more than $30,000 by unplugging a machine and alerting police to stop the fraudulent transactions…