A local woman is out some money after falling victim to an elaborate scam.

On July 23, police received a report from a woman that she received a phone call from someone claiming to be from Loans Canada offering her a loan in order to increase her credit score.

However, for her to receive the loan, the scammer remotely deposited three large cheques into her account, advised her to attend a location in Winnipeg to convert the funds into Bitcoin, and send the Bitcoin to the scammer via a QR code, which she did.

She was later contacted by her bank who advised that the cheques had bounced and she was responsible for the withdrawn funds.