February 20 North Carolina man loses $790,000 in savings in crypto investment scheme
This week on cybersecurity from the editors of Cybercrime Magazine
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Sausalito, California – February 20, 2024
Jim Wilkerson of Cary, North Carolina, loses $790,000 after thinking he found a great investment opportunity.
He shares his story in hopes of sparing others his financial heartache.
“You’re really ashamed of yourself when something like this happens.Wilkerson told Troubleshooter Diane Wilson, a reporter for ABC 11 Eyewitness News in Raleigh, North Carolina.
Wilkerson took his money, transferred it to a legitimate crypto trading platform, then said he invested it in the online trading company Sundell-fx. He’s not alone, the Washington State Department of Financial Institutions has released a alert about Sundell-fx. The company’s website is now closed.
The money Wilkerson lost was a combination of his savings, proceeds from stock sales and a 401K.
Wilkerson joined Charlie Osborne, host of the Cybercrime Magazine podcast, to discuss the incident in detailincluding how it happened, whether any of the stolen funds have been returned, and how others can protect themselves to avoid becoming victims of similar schemes.
Cybercrime Radio: Crypto Investing Gone Wrong
North Carolina man deceived
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