24-year-old Nicole is now counting losses worth $390K after falling for a crypto romance scam run through online dating site Hinge.
Chainalysis reports that such cases have been quite common in recent times, with over $7.7 million in crypto stolen by online scammers.
A woman has now lost $390,000 of her inheritance and her father’s life savings to a crypto romance scam. According to a report by CBS News, Nicole Hutchinson, 24, was lured into a fraudulent crypto investment scheme by an individual playing the part of a potential romantic partner.
Nicole had just pocketed $280,000 – half the amount from the sale of her deceased mother’s house. Her father had the other half. The two planned to use the money to pay for their needs, including Nicole’s grandmother’s assisted living bills, and Nicole’s father’s retirement fund. Nicole would also gain financial support to start her own life.
Unfortunately, all these plans were thwarted soon after Nicole moved to California. O
