Winnebago County, Wisconsin – Winnebago County authorities are warning residents about a cryptocurrency investment scam using real names and fabricated Facebook profiles to gain trust and steal money.
According to the Winnebago County Sheriff’s Office, the alert was issued this week as part of its ongoing “Fraud Friday” series, highlighting a real local case involving cryptocurrency investment fraud. Investigators say scammers allegedly created multiple Facebook accounts using the same name, profession and images to impersonate a legitimate individual.
The Sheriff’s Office said the suspect allegedly contacted a victim through Facebook and used step-by-step coaching to guide them through supposed cryptocurrency investments. Messages reviewed by investigators reportedly show the suspect instructing the victim on what actions to take and requesting screenshots to confirm account activity.
Authorities noted that a simple search of the suspect’s name revealed multiple impersonator accounts using identical credentials and photos. While the named person and profession may exist, officials stressed that the Facebook accounts involved were allegedly created by scammers to appear credible.
Deputies said requests for screenshots, pressure to act quickly, secrecy, and detailed coaching are common tactics used in cryptocurrency investment scams. Law enforcement emphasized that legitimate investors do not need access to personal account screenshots or transaction confirmations.
The Sheriff’s Office urged residents to be extremely cautious of unsolicited investment advice, especially involving cryptocurrency, and to independently verify anyone offering financial guidance before sending money or sharing information.
Officials also encouraged residents to report suspected fraud to local law enforcement as soon as possible, noting that early reporting can help prevent additional victims.
The warning may be especially relevant for young adults, students, and early-career workers, who are often targeted through social media platforms with promises of quick investment returns.
Residents can find additional fraud prevention resources through the Winnebago County Sheriff’s Office and are advised to remain skeptical of online investment opportunities that rely on urgency or secrecy.
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