Fishers, Indiana – Fishers police warn residents about ongoing Bitcoin ATM scams triggering weekly financial losses.
According to the Fishers Police Department, officers continue receiving reports from residents who say they were pressured by scammers to withdraw cash and deposit it into Bitcoin ATMs.
Police say the department typically receives one to two reports each week involving the scheme.
In many cases, scammers allegedly claim a victim’s computer has been compromised or that the person is involved in a criminal investigation. The caller then pressures the victim to withdraw cash and deposit it into a nearby Bitcoin ATM.
According to police, scammers often keep victims on the phone while they travel to the ATM, instruct them not to tell anyone about the situation, and promise to “confirm the payment” once the Bitcoin is sent.
Investigators say the scammers sometimes even provide the exact location of a Bitcoin ATM to speed up the transaction.
Authorities warn that once money is transferred through Bitcoin, it is extremely difficult to recover. Victims are often contacted again and pressured to send additional payments.
Fishers police urge residents to hang up immediately if someone demands payment through Bitcoin. Officials also recommend speaking with a trusted friend or family member before making unusual financial transactions and contacting organizations directly using verified phone numbers.
Residents who believe they may be targeted or who have already sent money are encouraged to contact their local law enforcement agency.
Officials say community awareness is critical, as scammers frequently target older adults, though younger residents and students using digital payment systems can also encounter similar fraud attempts.
This article was produced by a journalist and may include AI-assisted input.
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