Anchor and reporter at News 5 Cleveland
MAYFIELD HEIGHTS, Ohio — With big plans to take his family, including extended relatives, on vacation, a Northeast Ohio man thought he found the perfect way to pay for the trip of a lifetime.
But it quickly became clear when he tried to withdraw money that he was sending tens of thousands of dollars in cryptocurrency as part of an elaborate investment scheme.He shared the website with me, and my first reaction was that they went through a lot of trouble to make their site look very real.The dollar amount the Northeast Ohio man lost is staggering."Very, very much, very much impacted me. I was depressed for a while," said the man.
She said schemes involving cryptocurrency rank among the most dangerous due to a lack of regulation in the industry.
Ericka Dillworth FDIC Mayfield Heights Northeast Ohio
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