“I know about the secret you are keeping from your wife and everyone else. You can ignore this letter, or pay me a $8600 confidentiality fee in Bitcoin”.
It’s enough to send shivers down anyone’s spine, but these chilling words are part of a new scam targeting men.
Here’s how it works. Scammers have been sending letters to men, demanding payments using bitcoin in exchange for keeping quiet about alleged affairs. The letter also explains how to use bitcoin to make the payment.
This is a criminal extortion attempt to separate people from their money.
If you — or someone you know — gets a letter like this, report it immediately to your local police, and the FBI.
Threats, intimidation and high-pressure tactics are classic signs of a scam. Learn how to stay ahead of clever crooks with these practical tips, and check out the ways you can keep your personal information secure.
The purpose of this blog and its comments section is to inform readers about Federal Trade Commission activity, and share information to help them avoid, report, and recover from fraud, scams, and bad business practices. Your thoughts, ideas, and concerns are welcome, and we encourage comments. But keep in mind, this is a moderated blog. We review all comments before they are posted, and we won’t post comments that don’t comply with our commenting policy. We expect commenters to treat each other and the blog writers with respect.
- We won’t post off-topic comments, repeated identical comments, or comments that include sales pitches or promotions.
- We won’t post comments that include vulgar messages, personal attacks by name, or offensive terms that target specific people or groups.
- We won’t post threats, defamatory statements, or suggestions or encouragement of illegal activity.
- We won’t post comments that include personal information, like Social Security numbers, account numbers, home addresses, and email addresses. To file a detailed report about a scam, go to ReportFraud.ftc.gov.
We don't edit comments to remove objectionable content, so please ensure that your comment contains none of the above. The comments posted on this blog become part of the public domain. To protect your privacy and the privacy of other people, please do not include personal information. Opinions in comments that appear in this blog belong to the individuals who expressed them. They do not belong to or represent views of the Federal Trade Commission.