A cruel scam known as pig butchering has struck yet another Bay Area resident. This time, an elderly widow in San Jose thought she found new love online. Instead, she was targeted by crypto scammers who took nearly $1 million of her money. It left her with almost nothing to live on.
It’s a brutal wake-up call for victims. They are lured into what seems like a loving relationship — only to find out they’d been trapped into handing over their money. I told you earlier about a Brentwood widower who lost his life savings. Now this Bay Area woman realized she wired her entire portfolio to scammers overseas — and now in her 70s, she could even lose her house…