A Sag Harbor woman was defrauded out of more than $200,000 since the summer, when a fraudster first reached out to her via social media. The victim reported to Sag Harbor Village Police last Thursday afternoon that a man she knew only as David had begun communicating with her through Instagram. He encouraged her to invest money online through Coinbase and Cash App, telling her the cash would then be converted to cryptocurrency. Over several months she did so, transferring $170,500 from her checking account into Coinbase. The money would then be used to buy bitcoin, the profits from which ...
5 Feb 2025 by Staff Writer