FBI warns crypto scammers using cash couriers they will face justice

The bureau said fraudsters are increasingly sending couriers to victims’ homes for cash pickups, a tactic that can reduce traceability and raise risks for vulnerable people.

Summary

The FBI warned that crypto scammers are increasingly using in-person cash pickups, sending couriers directly to victims’ homes, and said the agency will track down offenders and “bring you to justice.” The tactic shifts fraud away from more traceable digital payment channels, which can make schemes harder to detect and prosecute while increasing risks for vulnerable victims during face-to-face handoffs.

Terms & Concepts
  • in-person cash pickups: A fraud tactic in which couriers physically collect cash from victims rather than using digital transfers.
  • crypto scammers: Fraudsters who use digital-asset-related schemes to steal money from victims.
  • prosecute: To pursue criminal charges against alleged offenders through the courts.