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Money Rehab with Nicole Lapin

Inside a Romance Scam Part 2: There Is Life After the Scam

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.41.4K Ratings

🗓️ 18 June 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

Originally aired 6.21.22 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

Hey guys, are you ready for some money rehab?

0:05.0

Wall Street has been completely upended by an unlikely player. Game stop.

0:09.0

That's a good one.

0:10.0

Ian and should I have a 401k because I don't do it?

0:12.0

No, I know.

0:15.0

I think the whole world will revolve around you on your money.

0:19.0

Charge for wasting our time.

0:23.0

I will take a check.

0:25.0

We're going to pull you through.

0:27.0

You recognize her from Anchoring on CNN, CNBC, and Bloomberg.

0:31.0

The only financial expert you don't need a dictionary to understand.

0:36.0

The cold lap in.

0:39.0

Today we have the second part of our conversation with Rebecca, a woman who lost $100,000 to a romance scammer she met on a dating site.

0:47.0

If you haven't listened to the first part of the conversation, you should.

0:50.0

It gets into the mechanics scammers used to target victims and pull off elaborate schemes and lies.

0:56.0

And I do want to say before we start that both episodes involve stories of suicide.

1:01.0

So please take care while listening.

1:03.0

Today Rebecca shares the rest of her story.

1:06.0

And spoiler alert, it has a happy ending.

1:11.0

A very, very dear, dear friend of mine, Elizabeth.

1:14.0

It was she that came up with the idea of bankruptcy.

1:19.0

I don't know whether or not the idea of bankruptcy had ever entered my mind prior to that moment.

...

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