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The Perfect Scam

Woman’s Inheritance Wiped Out in Crypto-Dating Scam

The Perfect Scam

AARP

True Crime, Aarp, Fraud, Society & Culture, Scam, Crime, Bobsullivan

4.5980 Ratings

🗓️ 4 November 2022

⏱️ 57 minutes

🧾️ Download transcript

Summary

After 25-year-old Niki Hutchinson loses her mother, she uses some of her inheritance to start fresh in California. Not knowing anyone, she does what many people do today and joins a dating app to make connections. She develops a friendship with a man named Hao and, in time, he offers to teach her how to invest in cryptocurrency. With some small successes and lots of encouragement from Hao, she dives in and invests her inheritance, plus some of her dad’s money as well. That’s when her friend becomes less helpful.

Transcript

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0:00.0

This week on The Perfect Scam.

0:04.0

He was the one that eventually brought it to me saying like,

0:07.0

heavy thought about investing.

0:09.0

And I'm like, I don't even know where to begin.

0:11.0

With cryptocurrency, it's just so volatile. I just don't know how

0:16.1

come to provide me doing it by myself. And he's like, well, I could teach you.

0:23.8

We've talked a lot about romance scams through the years, but there's a new variation on this old theme that we want to make sure you know about.

0:31.2

So today you're going to meet a remarkable

0:33.6

young woman who'd finished college, got a job working remotely in social media

0:37.9

and moved in with her dad. That's not so unusual, but it's where they moved that you'll find interesting. They moved and, well, they kept on moving.

0:49.0

My name is Nicky Hutchinson, and I am currently residing in Tennessee.

0:53.5

I'm a full-time RVer with my dad.

0:55.8

You're a full-time RVer.

0:57.5

Yes, yeah, so there's no like set location for me at this current moment.

1:02.4

So we are currently in this, it's a Fleetwood. set location for me at this current moment.

1:02.5

So we are currently in this,

1:04.4

it's a Fleetwood Bounder,

1:06.1

so that's the brand and everything.

1:08.1

And we have like a Class A kitchen, bed,

1:11.6

so it's kind of, it's just become our home and it's one of those things we've never

1:16.6

RVed before in our lives, but my dad retired last year and wanted that was his dream. and so I kind of was going to help him

1:25.1

along for at least a year to him to get acclimated to it and it's been really

...

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