TTW Press Room

Attorney General Kwame Raoul is warning Illinois residents to be on the lookout for a scam in which thieves claim to be affiliated with ComEd in order to scare people into making wrongful cash or bitcoin payments that are nearly impossible to recover.

According to the Attorney General’s office, scammers are contacting Illinois residents in order to elicit cash or cryptocurrency payments, and Raoul is cautioning people against responding to such calls or messages. The scam involves a caller, purportedly from ComEd, threatening to shut off the call recipient’s electricity unless a payment for a supposed past-due bill is received immediately. Callers instruct people to remit payment so that it will be received as soon as possible, frequently via bitcoin, a type of cryptocurrency. Scammers direct individuals to nearby bitcoin ATMs, which buy or sell bitcoins for cash. Instead of inserting a debit card to withdraw…

Read full article at thetimesweekly.com

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