Guelph man who lost over $750K in crypto fraud loses another $12K: police
![Crypto investment A phone and representations of cryptocurrencies are seen in this file photo.](/content/dam/ctvnews/en/images/2022/3/4/crypto-investment-1-5806302-1646431909103.png)
A Guelph man, who police say had already lost over $750,000 in a cryptocurrency fraud, has lost another $12,000.
The man in his 60s reported the new fraud to police on Friday. He was contacted by someone who claimed they could help him recoup some of the losses from the earlier fraud.
Police say the man created an account at an online bank account and downloaded an app, which gave the scammer access to his cellphone.
Over $12,000 was transferred out of his account across two weeks.
Police say these types of crimes are difficult for them to investigate and the chances of getting the victim's money back are very low.
They're advising people to be wary of individuals met on social media who attempt to convince you to invest in cryptocurrency, verify investment companies using the Provincial Securities Regulator or the National Registration Search Tool, and question when someone is reaching out about an investment offer.
CTVNews.ca Top Stories
![](https://www.ctvnews.ca/polopoly_fs/1.7029443.1725744633!/httpImage/image.png_gen/derivatives/landscape_800/image.png)
Police release video of Toronto plaza shooting that killed university student
A university student from Brampton was killed when two shooters fired indiscriminately into a crowded plaza in Toronto last month in what police say was a 'cowardly act.'
BREAKING Numerous people shot in Kentucky near Interstate 75, officials say
Several people have been shot near Interstate 75 in Laurel County, Kentucky, according to the Laurel County Sheriff’s office.
The iPhone is getting a 'glow' up. What to expect from Apple's Monday event
Apple excited fans with its vision for its 'Apple Intelligence' artificial intelligence system earlier this year. Now, it's time for the company to prove it really works.
No more porta-potties at B.C. construction sites starting Oct. 1
What some B.C. construction workers describe as the worst aspect of their jobs will be coming to an end next month, the province announced.
'Hopeless and helpless': Regina mother seeks help to treat rare spinal disease
Mary Grace Rico is seeking help in getting treatment for a rare spinal condition.
'Extremely vigorous' wildfire activity in central B.C. prompts crews to back off for safety
The wildfire fight in central B.C. intensified Friday, according to officials.
Trump campaigns in Wisconsin just days ahead of debate with Harris
With just days to go before his first — and likely only — debate against U.S. Vice-President Kamala Harris, former U.S. president Donald Trump leaned into his familiar grievances about everything from his indictments to the border as he campaigned in one of the most deeply Republican swaths of battleground Wisconsin.
They were due to leave for their dream cruise in May. Three months on they’re still stuck at the departure port
It was the years-long cruise that was supposed to set sail, but saw its departure postponed… postponed… and postponed again.