Ontario Boomers Got Catfished for Over a Mill 💀
‘We’re devastated’: Ontario seniors give away more than $1 million to scammers. A couple in their 70s from Ontario just got straight-up scammed out of over $1 million. They ignored their financial advisor's red flags and now they're cooked. Banks need to step up their game, fr fr.
TL:DR
A couple in their 70s from Ontario just got straight-up scammed out of over $1 million. They ignored their financial advisor's red flags and now they're cooked. Banks need to step up their game, fr fr.
The Deets
Okay, fam, listen up. This is some serious boomer cringe. A couple from Brantford, Ontario, who are pushing 80, just got played HARD by some scammers. It all started with a sus pop-up on their computer. These scammers were straight-up cosplaying as reps from the Canadian Anti-Fraud Centre, the police, and even Canada's Treasury Department. Like, who does that?
They convinced the couple that their accounts were hacked (major cap) and that they needed to move their money to keep it safe. They even told them to buy gold and Bitcoin. Bitcoin? Boomers and Bitcoin? That's wild.
And here's the kicker: they lost a whopping $1,010,990. That's $900,000 on gold (who even buys that anymore?) and $101,990 on Bitcoin. But wait, there's more! Now they're facing a tax bill of over $100,000. I'm dead.
Their financial advisor was throwing red flags left and right, but they straight-up ignored them. Now they're financially canceled. The chances of getting that bread back are slim to none. This is why you always listen to your financial advisor, bestie.
The president of the Canadian Association of Retired Persons (CARP) is calling out the banks, saying they need to do better at protecting seniors from these scams. Like, no cap. Banks gotta step up their game, fr fr.
PSA: Legitimate government agencies and banking officials will NEVER ask you to buy gold bars or put money in a Bitcoin machine. If anyone asks you to do that, it's a certified scam. Don't fall for it, fam!
Fraud and cybercrime cost Canadians over $630 million last year, and a lot of the victims are seniors. Let's protect our grandparents from getting catfished, okay?
Abbreviations Glossary
| Abbreviation | Full Form |
|---|---|
| 💀 | I'm dead. |
| Boomer | A person born in the baby boomer generation. |
| Got Catfished | To be tricked into a relationship with someone who has created a false persona online. |
| Mill | One million |
| Cooked | Ruined, in trouble. |
| Banks need to step up their game, fr fr | Banks need to improve their performance, for real, for real. |
| The deets | The details. |
| Sus | Suspicious. |
| Major Cap | A Big Lie |
| Throwing red flags | Indicating that something is wrong. |
| The tea | Gossip or interesting information. |
| No Cap | No lie. |
| Straight up | Completely |
| L | Loss |
| Tbh | To be honest |
| Okay, fam | Okay, friends. |
| Pissed | Angry. |
| Messed up | Bad. |