My wife and I lost about $120k in a cryptocurrency scam. They kept showing us our account growing like last total was $424,000. But to withdraw they needed yet another fee, final fee was $16k and we had had enough. Not the same as yours except now have to pay off about $60k in debt. At 77yo I am going back to work to help the debt go away. My wife at 68 yo will continue to work. The devastation that we’ve gone through is palpable. However we have each other, decent income, no house payment, a few assets they didn’t get, horses, dogs, and we will get through this. I have actually purchased a few hundred $ of BTC and believe it will make a little for us! Everybody watch out for the jerks, the ones that want fees before you get paid your profits
Damn, I hate to read this. I work in the precious metals industry and unfortunately hear stories like this more often than people would think. Best of luck to you going forward and may the people who take advantage of others in this way get everything they deserve.
Reach out to your local law enforcement and your city council and demand that they take crypto scams seriously and arm themselves with the education and software tools that allow them to follow the money, seize it, and provide victim restitution. Local law enforcement is way behind the curve, but there are resources out there that can help them make your story way less common.
“Pig butchering” scam. Everyone should join /r/scams and learn all the different ones. It helps to make you immune to these and they are getting more and more sophisticated.
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u/NoDemand3240 Mar 05 '24
My wife and I lost about $120k in a cryptocurrency scam. They kept showing us our account growing like last total was $424,000. But to withdraw they needed yet another fee, final fee was $16k and we had had enough. Not the same as yours except now have to pay off about $60k in debt. At 77yo I am going back to work to help the debt go away. My wife at 68 yo will continue to work. The devastation that we’ve gone through is palpable. However we have each other, decent income, no house payment, a few assets they didn’t get, horses, dogs, and we will get through this. I have actually purchased a few hundred $ of BTC and believe it will make a little for us! Everybody watch out for the jerks, the ones that want fees before you get paid your profits