Two Men Charged in £100,000 Cryptocurrency Scam Targeting Elderly

Two men, aged 36 and 54, were arrested in connection with a cryptocurrency fraud case that caused a 75-year-old man from Aberdeenshire to lose over £100,000. The investigation, initiated in July 2024, culminated in arrests on February 18, 2025, with support from multiple police divisions. Both suspects have been charged with fraud, and a report will be submitted to the Procurator Fiscal. Detective Sergeant David Williamson emphasized the importance of protecting the public from financial crime and encouraged vigilance against suspicious activities. Authorities are increasingly alerting the public about the rise of sophisticated cryptocurrency scams targeting the elderly. This case highlights ongoing efforts to combat financial fraud and the necessity for public awareness.