Love Hurts: British Man Loses $200K in a Bitcoin Romance Scam (Report)

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Love Hurts: British Man Loses $200K in a Bitcoin Romance Scam (Report)
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A typical cryptocurrency fraudulent scheme resulted in a loss of around $200,000 for a British individual.

An anonymous UK resident reportedly parted with nearly $200,000 of his savings after a woman he messaged in a dating app conned him. The man admitted he felt so desperate after the scam that he considered taking his life.by BBC, the British citizen, called Tom , was struggling with a break-up in 2020 and joined a dating application to look for companionship. Shortly after, a woman who introduced herself as Jia from Hong Kong approached him, and the duo started messaging.

“Issues were flagging up to me, but everything she was doing to build up trust with me was enough to keep me there,” the man admitted. Once again, the British felt suspicious but at the same time lucky as he seemed to have met someone with “insider information” who could possibly make him rich. The woman encouraged Tom to keep making investments on the dubious app, telling him he would miss out on profits if he were not quick enough. The man ended up investing around $200,000 when he found out that his balance “had been cleared.”“In the blink of an eye, everything was gone. I was sick to my stomach,” he confessed.

“I recognized I needed help straight away and went straight round to see my mum. If I didn’t have that support, I wouldn’t be here. I was going to do something that wouldn’t leave me here anymore.”Tom is not the first individual to have his funds drained via a fraudulent cryptocurrency scheme.that the Australian citizen Rhonda, who was just months away from retirement, became a victim of a similar scam.

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