Tinder Scammer Leaves Single Mom Penniless After Stealing Entire $401k Savings

1 min read
Source: Daily Mail
Tinder Scammer Leaves Single Mom Penniless After Stealing Entire $401k Savings
Photo: Daily Mail
TL;DR Summary

A divorced mom-of-three lost her entire 401(K) to a scammer she met on Tinder who convinced her to invest in bogus cryptocurrency schemes. The scam, known as 'pig butchering,' involves building a fake romantic relationship before butchering victims with fraudulent investment advice. The woman is the third victim to come forward in recent months, with officials saying the con is exploding across the US. The FBI's Internet Crimes Complaint Center shows cryptocurrency scams are the fastest-growing type of investment fraud, with victims reporting losses of $2.57 billion last year.

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