
Beware of Bitcoin Blackmail Scams in Capital Region:What You Need to Know
The Saratoga County Sheriff is issuing a warning to beware of a scam that is recirculating through the Capital Region.
A common Bitcoin scam is making the rounds again, and it’s designed to scare you into sending money. Here’s how it works: Scammers get your name and contact info, likely from a data breach, and send you an email claiming they’ve recorded compromising videos of you through your computer.
The Saratoga County Sheriff's Office posted this on their Facebook page to warn of the scam. Notice the scammers also have your phone number.
They demand $2,000 in Bitcoin to keep these alleged videos private. To make it seem legitimate, the subject line might even include part of your phone number or an old password.
According to the Federal Trade Commission (FTC), these claims are entirely fake. Scammers might say they hacked your computer or installed software to spy on you, but it’s all talk.
However, if they include a real password you’ve used, it’s a sign you should update your password for that account immediately. It’s also a good idea to change your passwords across other accounts and enable two-factor authentication for extra security.
The most important thing to remember: this is a scam. Do not send Bitcoin or engage with the sender. Instead, report the email to the FTC or the FBI’s Internet Crime Complaint Center.
Stay vigilant and don’t let fear tactics trick you into losing your money. If in doubt, seek advice from a trusted source or report the scam immediately.
LOOK: The biggest scams today and how you can protect yourself from them
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