SIOUX FALLS, SD (KELO) – A man in Sioux Falls loses thousands of dollars after being the victim of a phone scam.
Police said the 47-year-old began receiving calls Thursday from someone claiming to be a member of the Drug Enforcement Agency. The caller claimed that the victim’s name was part of a money laundering investigation and that he needed to transfer his money to keep it safe.
The victim eventually bought over $ 9,000 in Bitcoin and $ 1,700 in gift cards and gave the information to the scammer.
“We just want people to know that these scams exist; they happen regularly. Do what you can. Get info, get contact, name and number, then verify it through a different source, ”Officer Sam Clemens said.
Police say that in a case like this, the type of payment is an automatic red flag.
No law enforcement agency will ask for Bitcoin or gift cards for payment.