Skip to content

RCMP warns public to be aware of Bitcoin tax scam

The RCMP is warning the public to not pay any taxes with Bitcoin after another North Vancouver resident lost $6000 to a Bitcoin tax scam last month. In Richmond, there have been very few cases involving Bitcoin so far.
Bitcoin
A Bitcoin machine operated by BitSent has been installed at DMac Computers in Lansdowne Centre. Dec. 2014.

The RCMP is warning the public to not pay any taxes with Bitcoin after another North Vancouver resident lost $6000 to a Bitcoin tax scam last month.

In Richmond, there have been very few cases involving Bitcoin so far. A Bitcoin scam is new, but a common denominator of scams is payment. “If some type of punitive action is threatened before payment is demanded, it is likely a scam,” Dennis Hwang, spokesman for Richmond RCMP told the News in an email.

The North Vancouver incident happened on March 19 when the victim received a phone call from an alleged CRA employee, telling the victim she needs to pay $6000 in taxes immediately. The victim then transferred $6000 to a Bitcoin reference code number supplied by the fraudster.

“The CRA does NOT accept Bitcoin as a method of payment, nor will they contact you by phone and threaten or coerce you into paying a tax bill,” North Vancouver RCMP said in a written warning.

Common types of payment that may be demanded include iTunes cards, Steam cards and now Bitcoin. “We recommend hanging up the phone immediately if a potential scam artist contacts you,” Hwang said.