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Colorado man loses more than $100K in romance scam - KOAA News 5

Jan 1, 2024Elizabeth, Colorado2 sources

Summary

A Colorado man lost more than $100,000 in a romance and investment scam. Josh Kern, a Colorado-based author, met a woman through a dating app and transitioned their communication to WhatsApp. The woman introduced him to a cryptocurrency investment opportunity, and Kern invested over $100,000 before discovering the account was frozen. He then attempted to recover his funds through an online "scam recovery team," but the website was also a scam, and he lost an additional $50,000 borrowed from his parents. Kern reported the scam to the FBI, Colorado Attorney General's office, and other agencies, but received no response. The combined losses totaled nearly $160,000, which Kern described as his entire life savings.

Incident Details

Domain
Fraud & Financial
Mechanism
contact
Platforms
Recipient
IndividualJosh Kern
Dimensions
economicpsychological