Two men plead guilty to scamming an older woman's $158,000 of Bitcoin

Two men have admitted to ripping off an elderly woman's $158,000 dollars worth of Bitcoin.

@JakConnorTT

Published Dec 18, 2019 12:31 AM CST
Updated Nov 3, 2020 12:45 PM CST

36 seconds read time

Two men out of British Columbia in Canada have come forward and pleaded guilty to committing fraud against an elderly lady's Bitcoin fortune.

Two men plead guilty to scamming an older woman's $158,000 of Bitcoin | TweakTown.com

According to The Oregonian reports, two men who are brothers Jagroop Singh Khatkar and Karanjit Singh Khatkhar have admitted to committing fraud and money laundering. The brothers used Twitter to the woman's $158,000 Bitcoin fortune.

So how did this happen? The brothers created a fake Twitter account under the guise of HitBTC, the Hong Kong-based cryptocurrency exchange. The brother then tricked the woman into contacting @HitBTCAssist for account support then got her to share the details of her account with them. After the details were exchanged, the brothers then proceeded to wire her 23 BTC into one of their own accounts.

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NEWS SOURCE:thenextweb.com

Jak Connor

Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science, space, and artificial intelligence news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.