Michigan authorities warn of rise in cryptocurrency scams

MONROE COUNTY, Mich. – Authorities in Monroe County are warning residents about an increase in cryptocurrency scams.

The Monroe County Sheriff’s Office said scammers are using cryptocurrency to deceive victims into transferring money or personal information. The scams can come in emails, texts or phone calls and can include lottery, tech support and romance scams — all trying to get information.

In October, the Washtenaw County Sheriff’s Office also warned residents of a rise in cryptocurrency scams.

No government agency will ever ask a resident to pay for a fine or ticket with cryptocurrency or a gift card. There will always be the option to pay with cash in person.

Law enforcement will never call someone and demand payment.

Anyone who is contacted by someone posing as a government agency that tries to get them to pay in cryptocurrency or a gift card is urged to contact the actual agency directly.

Michigan State Police made a similar warning to residents. Police in Northville Township also reported such a scam recently after a resident reportedly was scammed out of roughly $300,000.

More than $5.6 billion was lost nationally due to cryptocurrency scams last year, a significant increase from 2022 and 2021. According to the FBI, Michiganders lost $79,894,360 in cryptocurrency scams in 2023.

Michigan Attorney General Dana Nessel has released several warnings and tips about similar phone scams that can be read here. More information on avoiding and reporting scams can be found on the Federal Trade Commission website.

Consumer complaints can be filed online on the Attorney General’s website.