A young woman – who remains anonymous at press time – has come out to discuss her circumstances of falling victim to a crypto romance scam. How One Woman Lost a Lot of Money to a Crypto Scam Having finalized her divorce last year, the lady decided to put herself back on the market and try dating apps for the first time. As the mother of a young daughter, she is keeping her identity hidden at this time, but she mentioned she lives near a town called Springfield and she’s in her mid-40s. In August of last year, she downloaded the Hinge dating app and tried to get herself back up in terms of dating and finding love. She came across a man that she really connected with. He messaged her for days and they hit it off. Describing her feelings for him, the woman said: We had
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A young woman – who remains anonymous at press time – has come out to discuss her circumstances of falling victim to a crypto romance scam.
How One Woman Lost a Lot of Money to a Crypto Scam
Having finalized her divorce last year, the lady decided to put herself back on the market and try dating apps for the first time. As the mother of a young daughter, she is keeping her identity hidden at this time, but she mentioned she lives near a town called Springfield and she’s in her mid-40s.
In August of last year, she downloaded the Hinge dating app and tried to get herself back up in terms of dating and finding love. She came across a man that she really connected with. He messaged her for days and they hit it off. Describing her feelings for him, the woman said:
We had similar backgrounds. He was in the engineering field, he had family in Portugal, I did as well. Right off the bat, we clicked.
The woman has a master’s degree and says she considers herself smart in most regards, though she clearly got duped in this particular situation. She said that she began sharing stories of herself with the man and talking about her little girl and about the multiple jobs she held as a means of maintaining a specific lifestyle for herself and her child.
Things got strange from there when – like in most romance scams – the man offered her a chance to invest in a crypto platform. At first, she put $500 in and witnessed steady results. This got her excited, and she eventually gave into the man’s pressure to put more into the platform, all based on the idea that she would see solid returns in the coming future. She said:
I would do all the transactions with him over the phone, and he would tell me you have to do exactly as I tell you, exactly at this time, or you are going to lose all your money.
Towards the end, she wound up giving at least $250,000 to the false investment. About $70,000 of that came from assorted loans. Discussing when she felt something was wrong, she mentioned:
The last transaction I did with him because then he kept persuading me, ‘Ask for a loan, ask for this, ask for that.’ I’m like, I didn’t want to do that.
Nancy Cahalen of the Better Business Bureau threw her two cents into the mix, stating:
It wasn’t for her benefit. It was for his. Victims of these types of scams, it really does a lot of damage to their psyche.
A Lot of Money Down the Drain
The woman has been unable to recover her losses and said:
This was a very traumatizing experience for me because this person I fell in love with was not real.