This PSA provides updated indicators and due diligence measures to help identify and avoid fictitious law firms involved in cryptocurrency scam recovery schemes. It emphasizes verifying credentials, avoiding suspicious payment requests, and reporting incidents to authorities. #CryptoScam #FictitiousLawFirms
Keypoints
- The scam involves impersonating legitimate lawyers and law firms using fake documents and insignia.
- Scammers falsely claim government affiliation and reference non-existent regulatory agencies like the INTFTC.
- Victims are asked to pay in cryptocurrency or prepaid gift cards, which the US government does not request.
- Scammers place victims in group chats and require secrecy while demanding bank account or payment information.
- Due diligence measures include verifying identities, requesting video proof, and keeping records of interactions.
Read More: https://www.ic3.gov/PSA/2025/PSA250813