>tech/customer support and government impersonation scams, targeting mostly the elderly, led to more than $1.3 billion in losses.
And in the U.S. at least, many of these elderly are very interested in trying to deduct these losses from their taxable income. As a skeptic, I think it is too tempting to claim "I was scammed out of $200K in digital assets" (which may have been purchased in the first place as part of the alleged scam) in order to actually hide those assets from family and/or the government.
And in the U.S. at least, many of these elderly are very interested in trying to deduct these losses from their taxable income. As a skeptic, I think it is too tempting to claim "I was scammed out of $200K in digital assets" (which may have been purchased in the first place as part of the alleged scam) in order to actually hide those assets from family and/or the government.