CHICOPEE, Mass. (WWLP) - Police in Chicopee are warning residents against crypto-currency schemes. How Chicopee school lunches are impacted by federal cuts The police department posted a warning on Monday about a new Bitcoin scheme where people have called stating there there was a prob lem with their Facebook account and was asked for a payment in Bitcoin to fix the problem. Bitcoin and cryptocurrency are commonly used in schemes as they are one of the hardest to trace and one of the most anonymous which makes it very hard for someone to get their money back. Hours after that warning was posted, an officer went to hang up a notice on a Bitcoin ATM in the city. An officer was able to stop an elderly man from depositing money to pay a schemer. The man thought he was posting bail for a family member and was about to deposit $4,000. Chicopee police are reminding people that legitimate businesses and public offices will almost never ask for Bitcoin as payment. You should always confirm with your family before sending any money. Local News Headlines PHOTO: Bear spotted dining in Easthampton backyard Chicopee police saves elderly resident from Bitcoin scheme Arrest made in deadly 2024 tractor-trailer crash in Connecticut Healey-Driscoll Administration to visit western Massachusetts during transportation roadshow WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on WWLP.com. ...read more read less