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Wednesday August 27, 2025
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North Vancouver man defrauded of $11,800 in Bitcoin phone scam

Staff Report
August 25, 2025 7:51am

Fraudsters posing as financial institution representatives tricked a North Vancouver resident into depositing $11,800 into a Bitcoin machine on August 19, according to North Vancouver RCMP. Police say the victim received a phone call claiming they owed money to the government for past loans. Fearing legal consequences, the victim followed instructions and deposited the funds while still on the call.

During the transaction, the victim stopped at the North Vancouver RCMP detachment to confirm the caller’s claims. When the fraudsters realized their scam had been exposed, they mockingly asked, “So how did you like this scam?” before hanging up. Investigators are now working to recover the lost money, though police note these cases are difficult to resolve. Victim services are also assisting.

“In this latest scam, the fraudsters used fear and a sense of urgency to victimize the caller,” said Cpl. Mansoor Sahak, spokesperson for North Vancouver RCMP. “We are sharing this case of fraud to raise awareness and highlight the bold actions of scammers to prevent further victimization.”

Police remind the public that financial institutions will never request payments through Bitcoin or gift cards. Residents are also urged never to give personal details such as names, birthdates, Social Insurance Numbers, or banking information over the phone.

Anyone who has been defrauded should contact their local police or call 9-1-1. Suspicious calls or attempted scams can be reported to the Canadian Anti-Fraud Centre at 1-888-495-8501 or online.

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