Connect with us

Crypto

Branch County woman loses thousands in cryptocurrency scam

Published

on

Branch County woman loses thousands in cryptocurrency scam

Police call it a scam that can happen to anyone, and it already has.

A woman in Branch County was told she failed to show up for jury duty, and could face arrest if she didn’t do exactly what was asked of her.

Erin Gilbert runs a non-profit animal shelter out of her home in Quincy.

“I don’t even know how to describe it,” she said. “It was like an out-of-body experience.”

Gilbert calls it three hours of terror and intimidation.

Advertisement

She picked up her phone to see a call identified as ‘private number’ on her phone.

The person on the other end said they were from the FBI, and that she did not appear for jury duty for a federal murder trial.

She was told there was a warrant for her arrest.

Gilbert was then emailed documents with her name and a false case number, telling her to pay thousands of dollars to pay a percentage of her supposed bond.

“At first I thought, ‘this is not right,”‘ she said. “‘This is a joke, right?’”

Advertisement

Gilbert heard police scanner noise and chatter in the background, and said they had an answer to every test she gave them.

“If I started questioning, they would be like, ‘ma’am, if you’re going to be combative with us, we’re just going to send it back to the judge.’”

She was directed to withdraw money from the bank, and take it to a Bitcoin kiosk at a gas station near Coldwater.

Gilbert told News Channel 3 she realized the scheme when she saw a scam warning sticker on the kiosk, but by then, it was too late.

On its Consumer Advice page, the Federal Trade Commission calls it a new twist on an old fraud tactic, where victims are asked to pay with cryptocurrency rather than gift cards or a payment app.

Advertisement

“Now that I look back and I see all these different things that I could have done, like hang up the phone or whatever, I feel like, ‘why didn’t I do that?’” she said.

Gilbert then went to Quincy Police Chief Dalton Turmell, who will be handling the case along with two Michigan State Police Crypto Unit detectives.

Turmell says no law enforcement agency will ever call someone about a serious matter or ask for money.

“If you have a warrant for your arrest, we will not tell you about it in that manner,” he said. “You will not get a phone call. That goes for local law enforcement to state to federal.”

Gilbert still believes it could have been worse, as she’s heard from other people who have lost their homes and identity to similar kinds of fraud.

Advertisement

She says she’s telling her story so that it puts a face on the people these scammers hurt.

“I’m not gullible, I’m not stupid. I’m human,” she said. “And I really thought it was real.”

Turmell says the best way to stop scammers is to not give them the benefit of the doubt.

You can let calls go to voicemail or just hang up if something is off, then call the police immediately afterward.

Advertisement
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Crypto

Ripple CEO Showcases XRP’s $1B ETF Success With Institutional Support

Published

on

Ripple CEO Showcases XRP’s B ETF Success With Institutional Support
XRP’s rapid ascent in the U.S. investment market gained fresh momentum as its spot ETFs crossed a major asset milestone, underscoring soaring demand for regulated crypto access and expanding traditional investor reach, according to Ripple CEO Brad Garlinghouse.
Continue Reading

Crypto

Analysts Target $1M Bitcoin With a Surging Institution-Led Cycle

Published

on

Analysts Target M Bitcoin With a Surging Institution-Led Cycle
Bernstein’s latest outlook signals bitcoin entering a longer, institution-led bull phase, with resilient ETF flows and expanding corporate adoption pointing to powerful structural momentum that could reshape crypto’s trajectory.
Continue Reading

Crypto

Kraken Links With Avelacom to Speed Up Crypto Trading for Institutions

Published

on

Kraken Links With Avelacom to Speed Up Crypto Trading for Institutions

Fail Better Trading Tech to Tackle Industry Risks


Fail Better Trading Tech to Tackle Industry Risks

Fail Better Trading Tech to Tackle Industry Risks


Fail Better Trading Tech to Tackle Industry Risks

Fail Better Trading Tech to Tackle Industry Risks


Fail Better Trading Tech to Tackle Industry Risks

Advertisement

Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.

This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.

Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?

Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group

#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation

Advertisement

Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official


Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.

This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.

Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?

Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group

#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation

Advertisement

Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official

Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.

This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.

Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?

Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group

Advertisement

#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation

Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official


Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.

This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.

Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?

Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group

Advertisement

#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation

Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official

Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.

This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.

Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?

Advertisement

Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group

#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation

Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official


Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.

This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.

Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?

Advertisement

Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group

#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation

Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official

Continue Reading
Advertisement

Trending