Cop intercepts $40,000 Bitcoin ATM scam by Chase Bank impersonator

The officer intervened during the Bitcoin ATM deposit, preventing the victim from depositing more funds to the machine.

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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.

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