City council member stresses urgency as Lincoln scams hit $11 million in losses

LINCOLN, Neb — The Lincoln City Council has taken decisive action to combat the rising threat of scams by approving an ordinance that amends Title 9 of the Lincoln municipal code.

This ordinance provides guidelines for cryptocurrency ATMs and imposes penalties for non-compliance.

“From 2021 to 2025, up to last month, the total loss in Lincoln alone is 11 million, 169,451 dollars. I think it’s enough,” said Tom Duden, a city council member. Duden emphasized the urgency of addressing significant financial losses due to fraud schemes and urged citizens to contact their city council representatives to advocate for stricter measures…

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