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85-year-old woman loses $364,000 via cryptocurrency ATM at local tobacconist over one year

Apr 1, 2025Australia2 sources

Summary

A 85-year-old woman named Mary lost $364,000 through a cryptocurrency ATM in a local tobacconist over the course of a year. The police visited her home in April 2025 after monitoring her activity. AUSTRAC, Australia’s financial intelligence agency, had alerted the police due to her high-volume transactions. Mary expressed shock at the police visit, calling it “out of the blue.” The incident marked the first time in her 85 years that police had appeared at her doorstep.

Incident Details

Domain
Fraud & Financial
Harm Types
Deepfake Fraud
AI-Powered Financial Fraud
Mechanism
conduct
Platforms
cryptocurrency ATMs
Recipient
IndividualMary
Dimensions
economic