RCMP urges caution after PQB resident loses $120K through online crypto scam

Published 2:30 pm Wednesday, September 2, 2026

A scam that cost a PQB resident $120,000 started with an online ad about a crypto investment which promised high returns.

The resident reportedly mailed a bank draft for $120,000 to an address in the U.S., according to Oceanside RCMP.

The money was placed into a trading account, but the resident was not provided access to their funds and was unable to recover any of his initial “investment”.

“An internet name search of the website purporting to offer the…