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

Paramount
News

FCC Approves Paramount Merger After Colbert Firing, $16M Trump Deal

July 24, 2025

The FCC just approved that $8 billion Paramount and Skydance merger—but the drama behind the scenes might’ve been more intense...

Ballerific Fashion: Ralph Lauren’s New Drop Is All About Black Summer Royalty at Martha's Vineyard Oak Bluffs
Fashion

Ballerific Fashion: Ralph Lauren’s New Drop Is All About Black Summer Royalty at Martha’s Vineyard Oak Bluffs

July 24, 2025

Ralph Lauren is turning up the volume on celebrating Black culture with Polo Ralph Lauren for Oak Bluffs, a fresh,...

Glorilla Goes off on Concertgoer Who Threw a Shoe Onstage During Her Performance
News

GloRilla Speaks Out After Robbery Turns Into Drug Charges: “I Wasn’t Even Home!”

July 24, 2025

GloRilla is speaking out after a wild weekend left her facing felony drug charges—while the suspects who invaded her Georgia...

Sean Kingston’s Mom Faces Deportation, Begs Judge for 30-Month Prison Term
News

Sean Kingston’s Mom Sentenced to 5 Years in Federal Prison for Fraud Scheme

July 24, 2025

Sean Kingston’s mother, Janice Turner, is officially headed to federal prison. A Miami judge handed down a five-year sentence plus...

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