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The Ramsey Show Highlights

80-Year-Old Mom Is A Serial Cheater And Has Given Away $1M To An Internet Scammers

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 7 July 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

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0:06.0

I have two in-laws who I love dearly. They are both in their mid to early 80s.

0:14.0

My father-in-law about a year and a half ago was diagnosed with cancer and a

0:20.0

multiple multitude of other things.

0:22.5

He's in very ill health.

0:24.4

My mother-in-law is in fantastic health.

0:27.3

And the situation is this.

0:28.9

They have been married for 60 years.

0:31.2

They both had very well-paying jobs, built up a really nice nest egg, probably to the tune of several, how I want to say,

0:39.4

maybe $3.5 million.

0:41.2

Okay.

0:42.3

And my mother-in-law has never been responsible with money.

0:45.8

My father-in-law has always been the one to handle the bills.

0:48.0

They are debt-free doing well financially.

0:53.5

And when my father-in-law went to the hospital about a year ago,

0:58.0

he decided to go ahead and give my mother-in-law access to her retirement account,

1:02.7

thinking that he didn't have much longer. She drained it, giving it to an online scammer.

1:09.8

Wait, three to four million?

1:12.4

Well, no, no.

1:13.5

There's several accounts.

1:14.8

The one that he gave her access to was three-quarters of a million.

1:18.3

Okay.

...

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