To keep up with Trafford news sign up to the MyTrafford newsletter here Trafford residents have reported losing their savings to cryptocurrency fraudsters.
The reports have prompted the council to issue fresh warnings about the dangers of online investment and apparent ‘get rich quick’ schemes.
In recent months the council’s trading standards team said it has been contacted by people who had been tempted by the promise of high returns from schemes such as Bitcoin, but had ended up losing ‘considerable sums’ in the process after falling victim to scammers. READ MORE:The twist of fate that led landlady Lindsey to run the same pub as her tragic brother Bitcoin and other cryptocurrencies are digital currencies that only exist virtually, and
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