Ohio Victim Loses $198,232 in Cryptocurrency Scam, DOJ Seeks Forfeiture of Traced Funds
Federal prosecutors have filed a civil forfeiture complaint targeting cryptocurrency traced to a fraud that drained nearly $200,000 from an Ohio man’s retirement savings.
An Eastlake resident transferred funds from his retirement account to a local bank and then to Coinbase after an unsolicited caller using the alias “Jake Williams” posed as a trading expert, says the U.S.
The fraudster gained remote access to the victim’s laptop and moved the money through roughly 60 transfers between December 2025 and March 2026.
