PEACHTREE CITY, Ga. - Peachtree City police are warning residents about scams involving cryptocurrency ATMs, which they say have become the number one cause of fraud in the city.

What we know:

Victims have lost more than $2 million over the past eight months, according to police.

Police say it is not just a Peachtree City problem and is happening in communities across the country.

"I can’t be more clear about this. If anybody calls you for whatever reason and asks you to place your money into a crypto ATM, or a Bitcoin ATM, it is a scam," said Sgt. Brad Millstein of the Peachtree City Police.

Police say there are a number of scams being used these days when con artists trick people out of money using ATMs.

We’ve reported on many of these, such as:

Arrest warrant scam: the bad guy

See Full Page