In White Settlement, Texas, a police officer prevented a scam where an elderly woman was tricked into depositing $40,000 into a Bitcoin ATM by a Chase Bank impersonator. The White Settlement Police Department intervened after a concerned citizen reported the suspicious activity. The scammer threatened the victim with arrest if she didn't send the funds, a common tactic in such schemes. The perpetrator convinced the woman to withdraw the money from a local Chase Bank and deposit it into a Bitcoin ATM at a convenience store. Despite depositing $23,900, the police managed to stop further losses. Sergeant James Stewart, who responded to the call, empathized with the victim, while Chief of Police Christopher Cook commended the citizen who reported the incident. Efforts are underway to recover the funds and return them to the victim. Read more AI-generated news on: https://app.chaingpt.org/news