Australian Police Charge Man Over $3.5M Crypto Investment Scam Targeting Elderly Victims

Australian police have charged a man in connection with a $3.5 million cryptocurrency investment scam that targeted elderly victims. The suspect allegedly deceived individuals into investing in a fake crypto trading platform, promising high returns. Authorities reported that many victims lost their life savings due to the scam. The police are urging the public to remain vigilant against such fraudulent schemes, particularly those targeting vulnerable populations. The investigation is ongoing as authorities seek to recover lost funds and identify additional victims.

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