CTV's W5 has released the second part of its investigation into cryptocurrency scams preying on Canadians. The report examines the individuals behind the fraudulent calls and their apparent eagerness to deprive victims of their life savings.
The investigation, titled 'Crypto-fraud: W5 investigates scams targeting Canadians,' delves deeper into the operations of those conducting these deceptive schemes. It highlights how scammers contact Canadians with false promises related to cryptocurrency investments, aiming to extract substantial financial losses from unsuspecting individuals.
This installment builds on prior reporting by focusing on the perpetrators' readiness and willingness to execute the frauds. The scams involve unsolicited calls that lure victims into transferring funds under the guise of lucrative crypto opportunities, often resulting in the loss of life savings.
Published on December 19, 2025, the piece underscores the persistent threat these operations pose to Canadian consumers, emphasizing the need for awareness and caution in handling unsolicited financial propositions.
