Guilford County, NC – The Guilford County Sheriff’s Office is warning residents about a surge in cryptocurrency scams circulating during Black Friday week, urging the public to be cautious of “make money fast” investment offers online.
According to the Sheriff’s Office, these scams often appear as unsolicited messages or posts on social media and messaging apps, promising guaranteed high returns or exclusive investment opportunities. However, officials say these offers are fraudulent and designed to steal personal and financial information.
Common tactics include “pump-and-dump” schemes, fake cryptocurrency wallets, and impersonation scams where fraudsters pose as trusted influencers or financial experts to gain victims’ trust. Some scams involve “rug pulls,” where fake crypto projects attract investors and then vanish with the funds.
Authorities advise residents to stay alert this shopping season by verifying the credibility of any investment opportunity and avoiding offers that seem too good to be true. “Be skeptical of high-return promises, especially if there’s pressure to act quickly,” the Sheriff’s Office stated.
The department also reminded the public never to share personal or financial information with unknown contacts and to report suspicious offers through official county channels.
More information on identifying and reporting scams can be found at GuilfordCountyNC.gov/Anti-Scam.
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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