FORT WAYNE, IN – The Fort Wayne Police Department is warning residents—especially seniors—about a growing scam trend involving virtual currency kiosks. These machines, which convert cash into cryptocurrency, are increasingly being exploited by criminals to defraud victims out of thousands of dollars.
According to the Financial Crimes Enforcement Network (FinCEN), which issued a national alert in August 2025, scammers are using these kiosks for fraudulent schemes and money laundering. Police say there are now more than 20 virtual currency kiosks operating in the Fort Wayne area, prompting an urgent community advisory.
According to police, victims are often contacted by scammers posing as law enforcement officers, government agents, or utility workers who demand immediate payment through a crypto kiosk to avoid arrest or penalties. Tech support scams have also been reported, with criminals instructing victims to “protect” their money by converting it to cryptocurrency.
The department noted that seniors are most at risk—accounting for 67% of reported victims in 2024 and 86% of total losses, with an average loss around $10,000 per case.
Police urge residents to watch for red flags, including anyone demanding cryptocurrency payments, individuals withdrawing large cash sums to visit kiosks, or multiple transactions just under reporting thresholds.
Anyone who believes they’ve been targeted should contact the Fort Wayne Police Department’s Financial Crimes Division at (260) 427-1222.
Stay alert, verify before acting, and never send cryptocurrency to strangers or alleged officials.
This article was produced by a journalist and may include AI-assisted input. All content is reviewed for accuracy and fairness.
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