Security· ★★· bearish·

British widow loses £690,000 in Bitcoin and AI scam

  • —In 2020 the widow invested £80,000 in Bitcoin through Bright Finance and lost the money
  • —Fraudsters posing as police-linked helpers extracted another £320,000 for a fake recovery
  • —The sham AI platform Webtrader Pro took a further £370,000 over seven months
  • —Wealth Recovery Solicitors recovered about half of the total lost amount
Why it matters: The recovery-room scheme highlights how victim data is resold to criminals and how the AI label is used to make fake platforms look credible.
Source: Newsbit