From the Associated Press and LA Times: Some Investment Scams to Look Out For
Investment scams on social media By Cora Lewis
Social media is full of scammers promising guaranteed returns on investment, and consumers lost billions of dollars to them last year.
Troy Gochenour of Columbus, Ohio, was conned out of $25,800, including $15,800 in borrowed money, in a crypto-mining scam that began with a WhatsApp message from a beautiful stranger.
“I had just moved home to restart my life ... and I was lonely,” said Gochenour, 50. “So I started online dating. Then I got a WhatsApp message that began, ‘Sorry to bother you.’ ”