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

Bitcoin

An anonymous British resident is said to have parted with nearly $200,000 of his savings after a woman he messaged in a dating app scammed him. The man admitted he felt so desperate after the scam that he contemplated suicide.

‘In The Blink of an Eye, Everything Was Gone’

According to a recent coverage by BBC, the British citizen, called Tom (which is not his real name), 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.

Tom revealed that he and his online date were discussing their joint future. Jia also introduced herself as a successful cryptocurrency investor with “inside knowledge” and made the man dream of building a wealthy lifestyle with her.

“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.

At one point, the woman asked Tom if he knew anything about bitcoin. The latter says he invested in it a few years ago. Next, Jia directed Tom to an online trading platform and asked him to download the app to his cellphone.

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 had a stomach ache,” he confessed.

He asked Jia to explain the missing funds, but the woman refused to help, saying she had to fly to Australia and spend time with her sick aunt. At that point, Tom realized he had become a victim of a cryptocurrency scam. Feeling devastated, he searched for help and admitted that if it was not for his mother, he might have taken his life:

“I realized I needed help straight away and went straight to 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 more here.

The Australian Nurse Who Lost Her Life Savings

Tom is not the first individual to have his funds drained via a fraudulent cryptocurrency scheme.

Last year, CryptoPotato reported that Australian citizen Rhonda, who was just months away from retirement, fell victim to a similar scam. She was approached by someone claiming to be a local celebrity who asked her to start investing in bitcoin in a dodgy app.

In the next several months, Rhonda made several investments which totaled all her lifestyle savings. Unfortunately, upon checking her account at one point, she noticed that all the funds had gone missing.

The local authorities tried to help her, but the operation failed. Although she realized her retirement plans had faded, Rhonda remained positive and said she would continue to work as a nurse.

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