We Lost $80,000 In A Crypto Scam

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 18 September 2024

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Transcript

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0:00.0	Brought to you by the Every Dollar app. Start budgeting for free today.
0:06.6	So what happened is me and my wife got involved in investing online into crypto.
0:13.1	Oh, no. How much did you lose?
0:14.5	We made money. Personally, we lost around 80K.
0:21.6	Like we got into about 50 some odd dollars in debt,
0:26.6	like 50, my wife did the numbers about 58,000 in debt.
0:29.6	My dad helped me, my father and not helped me to sell my car.
0:35.6	What happened is when it came time to withdraw the Ethereum,
0:42.3	these people started saying, oh, you know, you have to pay these fees.
0:46.3	It's the first time withdrawal.
0:48.3	I was like, okay, I'll pay fees.
0:50.3	Paid it.
0:51.3	And then it was another story.
0:53.3	Paid that. And then what ended up happening
0:56.8	is that when I was close to getting my withdrawal, they sent me some email from the IRS,
1:02.2	and I was like, okay, and I looked at the email, and it came from an IRS Gmail account.
1:08.0	I was like, all right, that's obviously messed up. So I contacted the real IRS.
1:13.9	IRS said that, you know, this is a scam. The whole thing was a scam. Yeah. I'm so sorry. I'm so
1:21.4	sorry. Oh, man. So when you're 80K in the hole, if you put 80K, did you borrow $80,000 from various places to put towards crypto and now you have to pay that back?
1:35.1	Where's this 80,000 lost?
1:37.8	So my dad gave me about 20.
1:40.5	My father-in-law gave me about 10.
	...

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