INDIANAPOLIS — Mark White is a senior citizen who lives on a fixed income.
So, when the North Vernon man received a message offering to make money quickly, he decided to give it a shot.
Instead, White became a victim of a “money flipping” scam, or get rich quick scam.
White met a woman named “Elizabeth” on a social media dating site.
She told him she worked for an investment company in Florida.
“She said if I sent her $500 she would invest it through her company after five days I’d see a profit,” White said. “With being on a fixed income and Social Security, barely getting by, I figured I’d take a chance and roll the dice,” said White. “So, I sent her the $500 via Bitcoin.”
White says days later over Google Chat, the investment company told him his $500 had turned a $5,960 profit.
They asked for his Cash App information, which is a digital wallet service, and told White to receive his money he needed to send an additional $2,000.
“I told them no,” White said. “Then they asked for my bank account login to deposit the funds. I told them no.”
White contacted the FBI, IC3, the Indiana Attorney General and the Better Business Bureau.
The BBB says it’s a get-rich-quick scam where the “investors” ask you to send or receive money through Cash App or another digital wallet service.
“Someone will reach out to you claiming they can flip your smaller investment into a larger return and then what happens is once you send that money they’ll say there’s taxes you have…
