Woman defrauded of Y2.5 million in bitcoin remittance scam

The woman, who had experience of bitcoin trading, bought 2.5 million yen worth of the cryptocurrency, and transferred the sum to an account designated by the man a total of six times in payment for the putative right, the police said.

Seems to me she surely didn't have experience. Anyone supposedly savvy enough to be trading bitcoins should be smart enough to know about net fraud.

I'll bet she traded bitcoins like she played puzzle-dora, in ignorant bliss of reality!

Poor woman. I hope the coppers can track this guy down.

Anyone supposedly savvy enough to be trading bitcoins should be smart enough to know about net fraud.

I'm not sure where you get that idea. Fraudsters often put a LOT of effort into looking real. Many net-savvy people have still been scammed over the years.

if it was a bank that had defrauded her there would be legal recourse. Because Bitcoin is decentralized there is nothing that can be done

"A fool and his/her money are easily parted!"

Put your money in my bank account and I'll look after it for you. Bwahahahahaha!

If it sounds too good to be true...

I'm not sure where you get that idea. Fraudsters often put a LOT of effort into looking real. Many net-savvy people have still been scammed over the years.

This is just an excuse. It's totally up to the individual to check if it's real or not. The folks who you claim that are net-savvy, I would say BECAME savvy AFTER they got burnt!

I wonder where the money was received!

Think about the numbers here. If one coin was only worth a dollar, it would still be a huge amount.

1 Bitcoin equals

1533461.84 Japanese Yen

Just to help yuu out with today's rate at this precise moment

1 Bitcoin equals 1533461.84 Japanese Yen

assuming you find a sucker to pay

fud, she wasnt experienced.

if it was a bank that had defrauded her there would be legal recourse. Because Bitcoin is decentralized there is nothing that can be done

If someone deceived her from transferring money from her bank to some random account in another country (which is the equivalent of what happened), there would not be any legal recourse, so you're mistaken here.

This is just an excuse. It's totally up to the individual to check if it's real or not. The folks who you claim that are net-savvy, I would say BECAME savvy AFTER they got burnt!

But by your definition of savvy, for which the equivalent would be having a bank account with money in it, they would be savvy.

And while it's always up to people to check, that doesn't change the fact that the fraudsters are sometimes really good. That's why you occasionally read stories of very tech-savvy people still getting burned.

I'll bet she traded bitcoins like she played puzzle-dora, in ignorant bliss of reality!

So, just like 90% of other bitcoin 'investors' conned in by news articles with hopes of getting rich like some of the early investors did.

So, just like 90% of other bitcoin 'investors' conned in by news articles with hopes of getting rich like some of the early investors did.

Say what? She transferred her money to a fraudster. How does transferring money to a fraudster have anything to do with whether or not bitcoin works or not? It literally (and I mean the actual term of literally, not rhetoric) has nothing to do with your comment above.

Essentially, it's like this:

A person walks into a bank, and withdraws some cash, then goes outside. Someone comes up to them and convinces them to hand over their money, then they run away with the money. Then you guys are piping up and saying 'what a sucker for using banks'. Say what? What does the bank have to do with it? How exactly is the bank supposed to control what a person does with their cash when they leave the bank? And how does the fact that the person handed over their money someone indicate the quality, or lack thereof, of the bank?

The simple answer is that it doesn't. We just have another thread of people who don't have any clue of how bitcoin works, trying to criticize it because it's too difficult for them to understand.