Nutley Resident Loses $20K In Cryptocurrency Theft: Police

NUTLEY, NJ — A Nutley resident recently lost more than $20,000 in cryptocurrency to fraud, police said Monday.

The Nutley Police Department released the following statement about the theft, which was reported on May 29:

“The victim reported an incident involving their cryptocurrency account. Upon trying to transfer money from the cryptocurrency into their bank account some trouble occurred. The victim looked up the customer service number on the internet, contacted [the business], and spoke with representative ‘Jasmine’ and explained the situation.”

Here’s what happened next, police said:

“Jasmine was able to break down the currencies into individual values and advised the victim to place it in a virtual wallet for access to transfer the funds. Upon logging out of the account and signing back in per Jasmine’s instructions, the victim was not allowed to gain access back into the account. After multiple attempts to sign back in, the victim was granted access and found that the virtual wallet and crypto account were both showing zero balances.”

Nutley police continued:

“When trying to contact Jasmine back using the same phone number, it was now a non-working number. The victim made contract through [the businesses’] website, and through messaging with a representative, was informed that there was not an employee named Jasmine, and that their employees do not speak with customers on the phone. Additionally, there was nothing they could do about the missing currency totaling over $20,000.”

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