Ex-NJ Corrections Officer's Crypto Scam Targeted Police, Firefighters, EMTs: Authorities
A retired New Jersey corrections lieutenant preyed on his peers with a cryptocurrency scheme that cost participating police, firefighters, EMTs, and other first responders more than $620,000, state and federal authorities said.
John DeSalvo, 47, of Linwood, also pulled a $100,000 investment scam that authorities said went to covering his credit card bills, day trading in cryptocurrencies and payments to a contractor who handled a luxury bathroom renovation for him.
DeSalvo -- who worked for the New Jersey Department of Corrections for 13 years before retiring in 2010 -- created and promote…
Hacker Stole $10K In Crypto From Chesco Man, State Police Say
State police are investigating after a Chester County man was robbed of $10,000 in cryptocurrency, the agency said in a release.
The victim, identified only as a 35-year-old London Britain Township man, walked into the Avondale Station on Thursday, Jan. 5, and told troopers that $10,000 in crypto had been transferred from his digital account without his knowledge, authorities wrote.
The matter remains under investigation, state police added.
As cryptocurrency has entered the mainstream in recent years, theft of digital assets appears to have risen in tandem. According to …