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Market News

Oconomowoc Woman Defrauded of $24,000 in Crypto Scam

Written By:
Brian Mutembei

Last updated: March 12, 2024 11:42 AM
Published 2024-03-12
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Last updated: March 12, 2024 11:42 AM
Published 2024-03-12
Oconomowoc Woman Defrauded of $24,000 in Crypto Scam

In a recent incident, a 77-year-old Oconomowoc woman, Lee Ann Malec, was defrauded $24,000 in a cryptocurrency scam. The scammer, posing as Microsoft tech support, convinced Malec that her accounts were compromised, prompting her to deposit the funds into cryptocurrency for protection. 

Malec’s daughter, Deanna Marincic, a trauma specialist, describes the incident as a psychological kidnapping, emphasizing the offenders’ manipulation of her mother’s personality and anxiety. To assist scam victims, Marincic plans to offer a free clinic at Gals Institute in Delafield.

Law enforcement seized the cash from the cryptocurrency machine and continued the investigation. Malec is uncertain about recovering her funds but urges others to remain watchful against such scams. Authorities advise hanging up, shutting down the computer, and promptly contacting the police if targeted in a similar scheme.

Also Read: Matthew Perry’s  X Account Hacked by Crypto Scammers

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Brian Mutembei Formar Crypto Journalist at The Crypto Times
By Brian Mutembei
Brian is a content writer& Blockchain enthusiast. Writes extensively on blockchain, cryptocurrency, and tokens to spread knowledge and awareness.

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