Elderly Couple Loses $600K in Cryptocurrency Scam Endorsed by Politician

Oceanside RCMP are investigating a cryptocurrency scam that targeted an elderly couple and resulted in losses of over $600,000.

The couple fell victim to an online investment scam that appeared to be endorsed by a well-known political figure. The scammers convinced the victims to transfer funds through various means over the past year.

Police say the investigation is ongoing, and they urge people to exercise caution when investing in cryptocurrencies. They recommend using trusted advisors or financial institutions.