Japan man loses about ¥826 million in crypto scam by fake police officer

  • Ashiya police said a 65-year-old man was defrauded by an Aichi police impersonator.
  • ¥826 million in crypto assets was lost through 10 transfers between Sept. 7 and 17.
  • The suspect later requested bail money, prompting the man to consult a friend.

A 65-year-old man in Ashiya, Hyogo prefecture, lost about ¥826 million in crypto assets after a suspect impersonating Aichi prefectural police persuaded him to convert savings and securities. The suspect cited asset verification and the need to clear alleged criminal suspicion, then directed 10 transfers between Sept. 7 and 17. A later demand for bail money raised the man's suspicions, leading him to consult a friend and exposing the scam. Ashiya police are investigating the case as suspected computer fraud, PANews reported, citing Kobe Shimbun.

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