What happens when a familiar name, a social media message and the promise of a crypto investment collide?

In this episode of Fraud Files, host Adrienna Hines sits down with Commissioner of Securities and Insurance James Brown and special guest Jason Gunderson, a criminal detective out of Park County, to unpack a Montana case involving an Elon Musk impersonator, a supposed cryptocurrency investment called “Token X,” and more than $150,000 in losses.

They follow the scam from first contact through 28 cryptocurrency transfers, while Gunderson brings a law enforcement perspective to how these cases unfold, why they can be difficult to investigate, and the red flags that can help others avoid becoming the next victim.

Real case. Real money. And one very recognizable name that wasn’t who it seemed.