OPP: ‘Project Atlas’ identifies approximately 2,000 cryptocurrency fraud victims in Canada, the U.S and 12 other countries

OPP officials allege: As a result of Project Atlas, the Ontario Provincial Police (OPP) Cyber-Enabled Fraud Team (CEFT) has identified approximately 2,000 victims in Canada, the United States and in 12 other countries. In addition, project investigators were granted 25 judicial authorizations.

Launched on November 18, 2024 as a five-week initiative, the focus of Project Atlas is to disrupt organized cryptocurrency frauds, support victims in the recovery of stolen funds and educate the public about cryptocurrency investment scams, which target people world-wide, including Ontario.

The OPP and its policing partners contacted each identified fraud victim and provided them with supports in their respective communities.

The OPP will provide additional statistics and information that highlight the project’s successes in the coming weeks.

Members of the public are encouraged to visit OPP.ca/Atlas to learn more about cryptocurrency investment frauds and how to prevent becoming a victim.

Remember…if you have been a victim of fraud or suspect fraudulent activity, immediately report it to your local police and the Canadian Anti-Fraud Centre at 1-888-495-8501, or online via the Fraud Reporting System.

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