A woman in Boston has issued a warning to others after falling victim to a cryptocurrency romance scam that cost her 2.5 million dollars. According to CBS Boston, the woman, who wishes to remain anonymous, met a man online who claimed to be a successful businessman. The man, who went by the name “Michael,” convinced the woman to invest in a cryptocurrency venture that he was supposedly involved in.
The woman ended up investing a significant amount of money in the venture, only to later realize that “Michael” was actually a scammer and that her money was gone. She contacted the authorities, but they were unable to locate the man and recover the stolen funds.
Cryptocurrency romance scams, in which scammers use online dating platforms to lure in victims and convince them to invest in fake cryptocurrency ventures, have become increasingly common in recent years. These scams often target people who are looking for love and are willing to trust someone they believe to be genuine.
The woman who lost 2.5 million dollars in the scam is warning others to be cautious when it comes to online relationships and investing in cryptocurrency. She advises people to thoroughly research any investment opportunity and to be wary of anyone asking for large sums of money. It is also important to be aware of the signs of a romance scam, such as someone who refuses to meet in person or who asks for money to be sent to an overseas account.