As per 528btc, a San Jose widow was scammed out of nearly $1 million after meeting a man on Facebook who lured her into a crypto investment scam. The fraudster, posing as a wealthy businessman, convinced her to transfer funds from her retirement account and a second mortgage into a fake investment platform. After her account was frozen and she was asked to pay a $1 million fee to unfreeze it, ChatGPT identified the pattern as a known scam, prompting her to become suspicious. FBI data shows that online scams targeting seniors caused $9.3 billion in losses in 2024, with funds often sent overseas and recovery chances extremely low.
San Jose Widow Loses $1M in Crypto Scam After Facebook Romance
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