Retired San Antonio man learns costly lesson after wife falls victim to online romance scam

A retired man from San Antonio discovered that his wife had been scammed by an online fraudster posing as a romantic interest, resulting in her accumulating around $50,000 in loans and credit card payments. Instead of divorcing his wife of 25 years, the husband is committed to working through the financial and emotional aftermath. Personal finance expert Dave Ramsey advised the couple to close the smaller credit card accounts and hold off on paying the larger loans until trust is rebuilt through therapy. Ramsey also suggested that the wife consider returning to work to repay the loans and take responsibility for the emotional affair. Romance scams are prevalent, with 70,000 people reporting being victims in 2022, according to the Federal Trade Commission.