Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Woman Conned Out of More Than $300,000 in Online Crypto Dating Scam [Video]

by Precious Gibson
February 24, 2022
Reading Time: 2 mins read
0
woman conned in crypto dating scam
Share on FacebookShare on Twitter

As romance scams hit an all-time high, one Tennessee woman has learned the hard way after losing $390,000 to an online con artist.

Nicole Hutchinson was gearing up to relocate to California after inheriting $280,000 from her mother’s estate following her death. She also sold her mother’s home and split the proceeds with her father, Melvin Hutchinson. With a comfortable nest egg, Nicole joined the dating website “Hinge” to make new friends ahead of her big move. That is when she began communicating with a man named “Hao.” The two bonded over being born in a small Chinese town, though she was adopted and brought to the U.S. as a child.

As they continued getting to know one another, Hao told Nicole that he was a cryptocurrency investor and said he could show her how to invest. The 24-year-old said she was skeptical, having never invested before. However, her new friend assured her that she would make a lot of money by creating an account on Crypto.com. Once she had the account, Hao sent her a link to deposit money, claiming it was a cryptocurrency exchange platform. Nicole began transferring large sums of cash and convinced her father to do the same. Once the account showed an over $1 million balance, she decided to cash out. The site told her that she’d have to pay a $380,000 “tax bill” before withdrawing the money. It was then that she discovered that the account was fake and all the money had gone into Hao’s pockets.

“He just kept saying things of, like, ‘Look at this money that can help support your family.’ Obviously that’s what I wanted to do,” Nicole explained.

Melvin consoled his daughter once he learned of the news, despite having lost all of his money to the scammer.

“All I could do was just hug her and tell her, ‘It’s okay. It’s okay.’ And it was hard. It was hard. It was, we lost everything,” he said.

Rich Sanders, a cryptocurrency scam investigator and co-founder of the blockchain investigation agency, Cipherblade, said that Nicole’s money started in legitimate cryptocurrency accounts but was transferred to Hao’s digital wallets via the links he sent her, CBS News reports. Sanders doesn’t believe that Hao worked alone. He believes that the man is a part of a scammer ring in Asia that preys on naive people wanting to make money with cryptocurrency. He believes that the ring may have stolen over $20 million in the scam.

Nicole and her father are a part of a $7.7 billion grand total that victims lost to crypto-scams in 2021. The father and daughter live in his RV and hope their story can save others from being conned.

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Related Posts

White House Walks Back Trump’s Push for 100% Tariff on Foreign Films
News

Trump’s New Order Will Force Cities to Clear the Streets—Here’s What That Means for the Homeless

July 24, 2025

Trump is set to sign a controversial executive order titled “Ending Vagrancy and Restoring Order” on July 24. This directive...

Tory Lanez Shipped to New Prison After Stabbing Leaves Him Critically Injured
News

New Political Supporters Push for Tory Lanez Pardon Amid Prison Sentence

July 24, 2025

Tory Lanez has spent over a year in prison following his conviction for shooting Megan Thee Stallion in the foot...

Cardi B Cleverly Dances Past "MotorSport" Offset Lyrics in Paris [Video]
News

Ohio Woman Sues Cardi B Over Microphone Incident at Las Vegas Concert

July 24, 2025

Cardi B is facing a lawsuit from an Ohio woman who claims the rapper seriously injured her by throwing a...

Elon Musk Hints at Vine's Comeback: Here's a Look At Some Of The Apps Most Viral Clips
News

Elon Musk to Launch AI-Driven Revival of Vine

July 24, 2025

Elon Musk has confirmed that Vine will return, but this time with artificial intelligence powering the platform. The announcement follows...

Next Post
Lamar Odom Evicted from LA Mansion Over $45K in Unpaid Rent

Lamar Odom Says "Celebrity Big Brother" Poop Incident Was Funny [Video]

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d