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Teen Rakes in $2.74M Worth of Bitcoin in Phishing Scam

October 27, 2021

During the early days of the pandemic, while the rest of the world was stress streaming and working on sourdough starter, an ambitious teen stuck in his bedroom decided to set up a fake “Love2Shop” gift card site to harvest people’s payment information, invest the stolen money in cryptocurrency and become a millionaire.

The intrepid 17-year-old in the U.K. collected just under $9,000 before the real Love2Shop caught on when customers started to complain, according to a local report from Lincolnshire Live. The boy’s name is being withheld because he’s a juvenile.

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