For Immediate Release: Wednesday, July 9, 2025

The Montgomery County Office of Consumer Protection (OCP) has released a new episode of its Consumer Connection podcast titled, “Inside Cryptocurrency Scams with the FBI.” The episode provides an in-depth look at how fraudsters use cryptocurrency to steal money through fake investments, impersonation scams and high-pressure tactics.

The podcast is hosted by OCP Investigator Michelle Escobar and features special guest David Paniwozik, a special agent with the FBI’s Baltimore Field Office. Agent Paniwozik shares how scammers build trust, mirror personal details and exploit relationships to drain victims’ accounts—often leaving them emotionally and financially devastated.

Topics covered in this episode include:

• How scammers use emotional manipulation and trust-building tactics to lure victims.
• Why cryptocurrency is a preferred tool for modern fraud schemes.
• Red flags to watch for before sending money.
• Steps to take if you or someone you know may be caught in a scam.

The episode also highlights “Operation Level Up,” a national FBI initiative that has prevented millions of dollars in losses and helped thousands of potential scam victims.

“If something feels off, don’t ignore that instinct,” said Ms. Escobar. “Talk to someone you trust before sending money. When in doubt, pause and reach out to OCP. We’re here to help and can guide you before it’s too late.”

“Inside Cryptocurrency Scams with the FBI” is available now on the OCP website and major podcast platforms including Apple Podcasts, Spotify and Amazon Music.

Click here for full news release from Montgomery County Government