Millions lost in new scheme

(InvestigateTV) — Arizona legislation enforcement is sounding the alarm after residents misplaced tens of millions of {dollars} to a fast-growing Bitcoin ATM rip-off.

Criminals are tricking victims into depositing money into cryptocurrency machines underneath the guise of faux authorities threats, utility shutoffs, or tech help points, then vanishing with the funds.

Officers say these scams have gotten extra frequent and extra convincing.

Investigative reporter Amy Cutler takes an in-depth look at the crypto scam that’s cost consumers millions and speaks to a woman sharing her story as a warning.