The officer intervened during the Bitcoin ATM deposit, preventing the victim from depositing more funds to the machine.
A police officer from White Settlement, Texas, intercepted an ongoing scam by a Chase Bank impersonator who tricked an elderly woman into withdrawing $40,000 and depositing it into a Bitcoin (BTC) ATM machine.
On June 19, the White Settlement Police Department (WSPD) reported that officers were able to stop a scam while it was unfolding. According to the WSPD, a concerned citizen called their dispatch center when they saw an elderly woman depositing huge amounts of cash into a Bitcoin ATM.
The citizen believed the woman was being scammed after hearing her phone conversation.