Calgarians have lost more than $22.5 million to crypto scams in 2023, up from $14 million in 2022. The most common scams involve scammers posing as investment advisors or crypto exchange representatives. They may promise high returns or offer to help recover lost crypto funds. The Calgary Police Service is warning Calgarians to be wary of unsolicited investment offers, especially if they involve cryptocurrency. They also advise doing research before investing and only investing with reputable companies.