Inside a Romance Scam: “I went from the happiest I'd ever been to hitting rock bottom.”

Money Rehab with Nicole Lapin

Money News Network

Education, Business, Self-improvement

4.6 • 1.7K Ratings

🗓️ 20 June 2022

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

The incidence of catfishing, also known as romance scamming, has dramatically increased over the course of the pandemic. The FBI stated that there were over one billion dollars lost in romance scams last year, and reports of romance fraud reported to the Federal Trade Commission rose a whopping 80%. With scams on the rise, it’s more important than ever to protect yourself— and to know how to recover financially if you do fall victim to a scam. In Money Rehab episodes 329 and 330, Nicole talks to Rebecca, who lost over $100,000 in a romance scam. Rebecca shares the mechanics of her scam, and the financial and emotional toll. If you are involved in a romance scam, you can find help here: https://www.facebook.com/SHUisteamwork/ If you or someone you know is experiencing thoughts of suicide, you can find resources here: https://suicidepreventionlifeline.org/

Transcript

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0:00.0	I'm Dana Schwartz, host of Stealing Superman, a new I Heart original podcast about the most
0:07.5	unlikely art heist of all time.
0:10.5	It was Nick Cage's own personal, national treasure.
0:14.8	At a 1999 New Year's Eve party, someone snatched Cage's priceless comics.
0:22.4	But who?
0:23.4	Listen to Stealing Superman on the I Heart Radio app, Apple Podcasts, or wherever you
0:28.7	find your favorite shows.
0:29.7	Hi, it's Bethany Frankel.
0:32.1	My time on the Real Housewives of New York is a few years behind me, and now I'm ready
0:36.0	to put the real back into the Real Housewives.
0:38.6	That's where my new podcast, Rewives Comes In.
0:41.5	This isn't your typical rewatch podcast.
0:43.5	I'm bringing on unexpected thought leaders and celebrities to give their take on the chaos.
0:48.3	In my first episode, I dig into the scary island, Rooney Episode with Elizabeth Moss.
0:53.6	It's one of my favorite shows I've ever done, so don't miss it.
0:57.2	Welcome to Rewives with Bethany Frankel on the I Heart Radio app, Apple Podcasts, or
1:01.8	wherever you get your favorite podcasts.
1:06.5	Where were you in 92?
1:07.7	Bouncing your butt to Sir Mixlot?
1:09.3	Wondering if you, like Billy Ray Cyrus, could pull off a moment?
1:12.1	Now I had as a podcast all about it.
1:14.3	I'm Jason Longfied, and on my new show, Where Were You in 92, we take a ride through the
	...

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