Scammers Steal $1T a Year – Mostly from Americans

Transcript [transition dinging] [suspenseful music] [Evelyn] I was on Hinge for just a couple of months and matched with one of the profiles. Seemed like a nice guy. It escalated to him asking if I knew about cryptocurrency. He said he ran a studio on the side that did some currency exchanges. And I ended up taking all my savings, even tapping into my IRA, we're talking like $300,000. [whistling] Okay. [laughing] That's a lot of money. [Evelyn] Yeah. It still to this day, a year and a half later, boggles my mind that I could be victim to a scam, especially of this financial magnitude. That seems incongruous with the image I had of myself. You've probably noticed that online scams are everywhere. You see them on job recruitment sites, in your text messages, on dating apps and across social media. And while people are getting better at spotting these scams, scammers are constantly advancing too. Arguably, the most hurtful, personal and financially damaging of ... Read full article.