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US blocks $600m coin offering by 'scam' bank

The move extends warnings from regulators about efforts to raise money through crypto offerings.

On average, 245 people lost 55,000 each, after being persuaded to invest in scam pension schemes.

Hundreds of people over 65 have been ripped off by fraudsters who tell them to buy gift vouchers.

Bank staff now alert police when a potential scam victim attempts to withdraw large sums of cash.

Barry Fox, 72, says he had "a close shave" with scammers when trying to buy a Rolls Royce on eBay.

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