Related Federal Cases
$184,511 Bitcoin Scam Unfolds in Oregon
PORTLAND, Ore.—Two Canadian nationals, Karanjit Khatkar and an unnamed co-conspirator, have been sentenced to 24 months in federal prison and three years’ supervised release for conspiring to commit wire fraud and money laundering in a scheme to steal bitcoin from an elderly Oregon resident.
The duo was ordered to pay a total restitution of $184,511 to their victim, including a $142,349 check delivered as a prepayment of restitution at their change of plea hearing, and an additional $42,162 at sentencing.
The COVID-19 pandemic has created unprecedented challenges for our country and the world, making senior citizens more vulnerable to and severely affected by the novel coronavirus. During this time, bad actors have exploited the public health emergency to prey on the elderly through a host of fraud schemes.
“World Elder Abuse Awareness Day affords us a valuable opportunity to reaffirm our commitment to protecting elderly Americans from fraud and abuse,” said U.S. Attorney Billy J. Williams. “Seniors fall victim to fraud schemes at far greater rates than the rest of the population. We all need to be vigilant in watching out for our elderly friends and loved ones.”
U.S. Attorney Williams reminds the public to intercede when they learn that a friend or family member is contemplating sending money to someone who has contacted them by telephone or online. “Your vigilance will make a difference,” he added.
The U.S. Attorney’s Office COVID-19 fraud webpage at www.justice.gov/usao-or/covid-19-fraud provides a list of COVID-19-related fraud schemes and tips for protecting friends and loved ones.
The Justice Department has also launched the National Elder Fraud Hotline at 833-FRAUD-11 to assist elders and caretakers who believe they have been a victim of fraud. The hotline is staffed by experienced case managers who provide personalized support to callers.
Key Facts
- State: Oregon
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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