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top navigation" data-scrolllistener> <button class="c-backToTop__button is-hidden"> <div class="c-backToTop__buttonInner"> <span class="sr-only">Click to scroll back to top of the page</span> <svg class="c-icon c-icon--white c-backToTop__icon" focusable="false"> <use xlink:href="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=msjiw4cvn#dropdown_arrow"></use> </svg> Back<br>to top </div> </button> </nav> <main id="content" class="l-main "> <div class="l-main__grid o-container"> <div class="l-main__article l-main__content l-main__section l-article "> <div id="article-label" class="l-article__label c-topLabel"> <a class="c-topLabel__link" href="https://web.archive.org/web/20220325123041/https://globalnews.ca/consumer/"> Consumer </a> </div> <h1 class="l-article__title">Alberta woman conned out of hundreds of thousands of dollars by online lothario</h1>  <div id="article-byline" class="c-byline l-article__byline"> <div class="c-byline__images c-byline__images--single"> <img class="c-byline__image" height="68" width="68" src="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/uploads/2013/04/tomasia-smile-headshot.png?w=136&h=136&crop=1" alt=""> </div> <div class="c-byline__text"> <div class="c-byline__attribution"> <span class="c-byline__by">By</span> <span class="c-byline__name"> <a href="https://web.archive.org/web/20220325123041/https://globalnews.ca/author/tomasia-dasilva/" title="Posts by Tomasia DaSilva" class="c-byline__link"> Tomasia DaSilva </a> </span> <span class="c-byline__source c-byline__source--hasName"> Global News </span> </div> <div class="c-byline__datesWrapper"> <div class="c-byline__dates"> <div class="c-byline__date c-byline__date--pubDate"> <span>Posted March 24, 2022 6:59 pm</span> <button class="c-byline__dateToggle toggle-switch u-hide-tablet-portrait" aria-label="Toggle last modified date of the article" data-expand="#bylineDateUpdated" aria-expanded="false"> <span id="updated-toggle-off" class="toggle-off c-icon c-icon--arrowDown"> </span> <span id="updated-toggle-on" class="toggle-on c-icon c-icon--arrowUp "> </span> </button> </div> <div class="c-byline__date c-byline__date--modDate is-expandable " id="bylineDateUpdated"> <span>Updated March 24, 2022 8:25 pm</span> </div> </div> </div> </div> </div>  <figure class="l-article__featured "> <div class="c-figure__embed"> <div class="c-video c-videoPlay " data-iframe-receiver data-autoplay="true" data-displayinline-featured="true" data-displayinline-type="video" data-displayinline-player-id="miniplayer_8708642_623db29a19de9" data-displayinline-video-id="8708642" data-displayinline-ratio="16:9" data-displayinline="https://globalnews.ca/video/embed/8708642/#autoplay&stickyiframe=miniplayer_8708642_623db29a19de9" data-displayinline-sticky="true"> <div class="c-video__inner"> <span class="c-video__placeholder"> <img class="c-video__image" alt="Click to play video: 'Alberta woman lost hundreds of thousands of dollars in romance/cryptocurrency scam'" width="632" height="356" data-src="https://web.archive.org/web/20220325123041/https://i2.wp.com/media.globalnews.ca/videostatic/news/w3z1pwrb3k-ygbsdntenv/web_CRYPTO_ROMANCE_SCAM__DASILVA_v2.jpg?w=1040&quality=70&strip=all" loading="lazy" srcset="" sizes="" data-srcset="https://web.archive.org/web/20220325123041im_/https://i2.wp.com/media.globalnews.ca/videostatic/news/w3z1pwrb3k-ygbsdntenv/web_CRYPTO_ROMANCE_SCAM__DASILVA_v2.jpg?w=450#038;quality=70&strip=all 450w, https://web.archive.org/web/20220325123041im_/https://i2.wp.com/media.globalnews.ca/videostatic/news/w3z1pwrb3k-ygbsdntenv/web_CRYPTO_ROMANCE_SCAM__DASILVA_v2.jpg?w=720#038;quality=70&strip=all 720w, https://web.archive.org/web/20220325123041im_/https://i2.wp.com/media.globalnews.ca/videostatic/news/w3z1pwrb3k-ygbsdntenv/web_CRYPTO_ROMANCE_SCAM__DASILVA_v2.jpg?w=1040#038;quality=70&strip=all 1040w" data-sizes="(min-width: 1040px) 1040px,(min-width: 720px) 720px,450px"> <span class="c-video__overlay"> <span class="c-video__icon c-videoPlay__icon"> <svg class="c-icon c-icon--white c-video__play c-videoPlay__off" focusable="false"> <use xlink:href="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=msjiw4cvn#play"></use> </svg> <svg class="c-icon c-icon--red c-video__play c-videoPlay__on" focusable="false"> <use xlink:href="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=msjiw4cvn#play"></use> </svg> </span> <span class="c-video__data"> <time class="c-video__duration">2:51</time> <span class="c-video__title">Alberta woman lost hundreds of thousands of dollars in romance/cryptocurrency scam</span> </span> </span> </span> </div> </div> <figcaption class="c-video__caption c-caption"> <span class="c-caption__desc">WATCH: An Alberta woman is warning others after she was schemed out of hundreds of thousands of dollars by someone she thought she was building a future with. 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class="c-socialShare__link " data-close-menu> <span class="sr-only">Copy article link</span> <svg class="c-icon c-socialShare__icon c-socialShare__icon--copy c-icon--white" focusable="false"> <use xlink:href="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=msjiw4cvn#embed"></use> </svg> <span class="c-socialShare__text">Copy link</span> </a> </li> </ul> </div> </div> </div> <article class="l-article__text js-story-text" aria-label="Article text"> <p>An Alberta woman who was looking for love online has told Global News not only did she end up heartbroken; she also ended up broke.</p><img src="https://web.archive.org/web/20220325123041im_/https://d21y75miwcfqoq.cloudfront.net/70c8fc80" style="position:absolute;width:1px;height:1px" referrerpolicy="no-referrer-when-downgrade"> <p>Sheryl, who we’re not identifying due to safety concerns, said it began last July when she started online dating.</p><p>“I wasn’t looking for short-term,” she said. “I was looking for someone who wanted to be in it for the long run.”</p><p>The 37 year old ended up connecting with a man who said his name was Yang and he was from Los Angeles. It was an immediate connection.</p><p>“I was already emotionally hooked, from day one.”</p><div class="l-article__part" data-shortcode="caption"> <figure class="c-figure c-figure--alignnone c-figure--expandable"> <div class="c-figure__inner"> <div class="c-figure__imageWrapper "> <img class="c-figure__image" alt="Alberta woman recounts costly and heartbreaking scam to Global News" src="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/uploads/2022/03/2-shot.jpg?quality=85&strip=all&w=12&h=12&crop=1" data-src="https://web.archive.org/web/20220325123041/https://globalnews.ca/wp-content/uploads/2022/03/2-shot.jpg?quality=85&strip=all&w=1200" srcset="" sizes="" data-srcset="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/uploads/2022/03/2-shot.jpg?quality=85&strip=all&w=450 450w, https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/uploads/2022/03/2-shot.jpg?quality=85&strip=all&w=720 720w, https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/uploads/2022/03/2-shot.jpg?quality=85&strip=all&w=1200 1200w" data-sizes="(min-width: 1000px) 1200px,(min-width: 520px) 720px,450px" width="1200" height="675" loading="lazy"/> <a href="" title="View image in full screen" class="c-figure__expand c-figure__overlay" data-trackaction="image | open"> <span class="sr-only">View image in full screen</span> <div class="c-figure__maximizeBtn"> <svg class="c-icon c-icon--white c-figure__icon" focusable="false"> <use xlink:href="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=msjiw4cvn#maximize"></use> </svg> </div> </a> </div> <figcaption class="c-figure__caption c-caption"> <span class="c-caption__desc"> Alberta woman recounts costly and heartbreaking scam to Global News. </span> <cite class="c-caption__cite"> Global Calgary </cite> </figcaption> </div> </figure> </div><p>Sheryl said Yang told her everything she wanted to hear: that he wanted to build a family and build a home with her.</p> <div class="c-ad c-ad--bigbox l-article__ad"> <div class="c-ad__label">Story continues below advertisement</div> <div id="gpt-ad-300250-10" class="c-ad__unit" data-ad-pos="10"> </div> <script> if ( typeof( gn_monetize ) !== 'undefined' && typeof( gn_monetize.Ads ) !== 'undefined' && gn_monetize.Ads.initialRequestMade() ) { // Ads script has been loaded, create the ad. gn_monetize.Ads.create( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-10","lazy":false,"targeting":{"pos":10,"slotid":"gpt-ad-300250-10"},"companion":false} ); } else { // if Ads script not yet loaded, queue up ad data for initialization. var gnAdSettings = gnAdSettings || {}; gnAdSettings.ads = gnAdSettings.ads || []; gnAdSettings.ads.push( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-10","lazy":false,"targeting":{"pos":10,"slotid":"gpt-ad-300250-10"},"companion":false} ); } </script> </div> <p>He built up so much trust, she said, she went along with his advice to invest in cryptocurrency.</p><p>“I was very hesitant at first, but then I thought this guy seems to know what he’s doing,” she added. “So I took $4,000 that I had.”</p><div class="l-article__part" data-shortcode="caption"> <figure class="c-figure c-figure--alignnone c-figure--expandable"> <div class="c-figure__inner"> <div class="c-figure__imageWrapper "> <img class="c-figure__image" alt="Man in reported romance scam" src="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/uploads/2022/03/Dude-1.jpg?quality=85&strip=all&w=12&h=12&crop=1" data-src="https://web.archive.org/web/20220325123041/https://globalnews.ca/wp-content/uploads/2022/03/Dude-1.jpg?quality=85&strip=all&w=1200" srcset="" sizes="" data-srcset="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/uploads/2022/03/Dude-1.jpg?quality=85&strip=all&w=450 450w, https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/uploads/2022/03/Dude-1.jpg?quality=85&strip=all&w=720 720w, https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/uploads/2022/03/Dude-1.jpg?quality=85&strip=all&w=1200 1200w" data-sizes="(min-width: 1000px) 1200px,(min-width: 520px) 720px,450px" width="1200" height="675" loading="lazy"/> <a href="" title="View image in full screen" class="c-figure__expand c-figure__overlay" data-trackaction="image | open"> <span class="sr-only">View image in full screen</span> <div class="c-figure__maximizeBtn"> <svg class="c-icon c-icon--white c-figure__icon" focusable="false"> <use xlink:href="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=msjiw4cvn#maximize"></use> </svg> </div> </a> </div> <figcaption class="c-figure__caption c-caption"> <span class="c-caption__desc"> Man in reported romance scam. </span> <cite class="c-caption__cite"> Courtesy: Sheryl </cite> </figcaption> </div> </figure> </div><p>That $4,000 grew and so did her excitement.</p><p>Yang then encouraged her to invest more, so she sold one of her properties and borrowed some money.</p><p>“I took out a $95,000 loan. So now I have $110,000 to $120,000 that I put into that investment account and it looks like for me I’ve gained five times that.”</p><div class="l-article__part" data-shortcode="readmore"> <p class="c-readmore"> <span class="c-readmore__label"><strong>Watch: </strong></span> <a class="c-readmore__link" href="https://web.archive.org/web/20220325123041/https://globalnews.ca/video/8641814/calgary-man-charged-in-fraud-and-romance-scams-in-alberta-and-bc" data-track-region="content-read-more" title="Calgary man charged in fraud and romance scams in Alberta and BC"> Calgary man charged in fraud and romance scams in Alberta and BC </a> </p> </div> <div class="c-ad c-ad--bigbox l-article__ad"> <div class="c-ad__label">Story continues below advertisement</div> <div id="gpt-ad-300250-11" class="c-ad__unit" data-ad-pos="11" loading="lazy"> </div> <script> if ( typeof( gn_monetize ) !== 'undefined' && typeof( gn_monetize.Ads ) !== 'undefined' && gn_monetize.Ads.initialRequestMade() ) { // Ads script has been loaded, create the ad. gn_monetize.Ads.create( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-11","lazy":true,"targeting":{"pos":11,"slotid":"gpt-ad-300250-11"},"companion":false} ); } else { // if Ads script not yet loaded, queue up ad data for initialization. var gnAdSettings = gnAdSettings || {}; gnAdSettings.ads = gnAdSettings.ads || []; gnAdSettings.ads.push( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-11","lazy":true,"targeting":{"pos":11,"slotid":"gpt-ad-300250-11"},"companion":false} ); } </script> </div> <p>But Sheryl told Global News things changed a few months later when Yang claimed there was an issue with one of his investments and he needed her funds to fix it, so he showed her, step by step, how to get all of her funds out.</p><p>“At that point, I had like $625,000 with my income and all the profits that I thought I had made.”</p><p>Sheryl said with Yang’s help she followed all of the withdrawal processes, but was then told by the broker that in order for it to be approved, she had to deposit more money. She said she did — getting more loans, a number of times — until she finally had enough.</p><p>“I was like: that is another $130,000. I don’t have any more money or funds. I can’t get another loan. There’s just no other way I can come up with this money.”</p><div class="l-article__part" data-shortcode="tp_video"> <div class="c-video c-videoPlay " data-iframe-receiver data-autoplay="" data-displayinline-featured="false" data-displayinline-type="video" data-displayinline-player-id="miniplayer_8238846_623db29a1ed33" data-displayinline-video-id="8238846" data-displayinline-ratio="16:9" data-displayinline="https://globalnews.ca/video/embed/8238846/#autoplay&stickyiframe=miniplayer_8238846_623db29a1ed33" data-displayinline-sticky="true"> <div class="c-video__inner"> <span class="c-video__placeholder"> <img class="c-video__image" alt="Click to play video: 'A warning about online romance scams'" width="632" height="356" data-src="https://web.archive.org/web/20220325123041/https://i0.wp.com/media.globalnews.ca/videostatic/news/ki9xg26m67-cgj1ergh2y/2021.10.02_Romance_Scams.png?w=1040&quality=70&strip=all" loading="lazy" srcset="" sizes="" data-srcset="https://web.archive.org/web/20220325123041im_/https://i0.wp.com/media.globalnews.ca/videostatic/news/ki9xg26m67-cgj1ergh2y/2021.10.02_Romance_Scams.png?w=450#038;quality=70&strip=all 450w, https://web.archive.org/web/20220325123041im_/https://i0.wp.com/media.globalnews.ca/videostatic/news/ki9xg26m67-cgj1ergh2y/2021.10.02_Romance_Scams.png?w=720#038;quality=70&strip=all 720w, https://web.archive.org/web/20220325123041im_/https://i0.wp.com/media.globalnews.ca/videostatic/news/ki9xg26m67-cgj1ergh2y/2021.10.02_Romance_Scams.png?w=1040#038;quality=70&strip=all 1040w" data-sizes="(min-width: 1040px) 1040px,(min-width: 720px) 720px,450px"> <span class="c-video__overlay"> <span class="c-video__icon c-videoPlay__icon"> <svg class="c-icon c-icon--white c-video__play c-videoPlay__off" focusable="false"> <use xlink:href="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=msjiw4cvn#play"></use> </svg> <svg class="c-icon c-icon--red c-video__play c-videoPlay__on" focusable="false"> <use xlink:href="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=msjiw4cvn#play"></use> </svg> </span> <span class="c-video__data"> <time class="c-video__duration">4:10</time> <span class="c-video__title">A warning about online romance scams</span> </span> </span> </span> </div> </div> <figcaption class="c-video__caption c-caption"> <span class="c-caption__desc">A warning about online romance scams – Oct 2, 2021</span> </figcaption> </div><p>She then started researching the company, which was based overseas, and reached out to others on social media forums. That’s when she said everyone told her she’d been scammed and that she wouldn’t be seeing any of her investment.</p> <div class="c-ad c-ad--bigbox l-article__ad"> <div class="c-ad__label">Story continues below advertisement</div> <div id="gpt-ad-300250-12" class="c-ad__unit" data-ad-pos="12" loading="lazy"> </div> <script> if ( typeof( gn_monetize ) !== 'undefined' && typeof( gn_monetize.Ads ) !== 'undefined' && gn_monetize.Ads.initialRequestMade() ) { // Ads script has been loaded, create the ad. gn_monetize.Ads.create( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-12","lazy":true,"targeting":{"pos":12,"slotid":"gpt-ad-300250-12"},"companion":false} ); } else { // if Ads script not yet loaded, queue up ad data for initialization. var gnAdSettings = gnAdSettings || {}; gnAdSettings.ads = gnAdSettings.ads || []; gnAdSettings.ads.push( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-12","lazy":true,"targeting":{"pos":12,"slotid":"gpt-ad-300250-12"},"companion":false} ); } </script> </div> <p>She filed reports with anti-fraud agencies in Canada and the United States, warning others about her experience.</p><div class="l-article__part" data-shortcode="readmore"> <p class="c-readmore"> <span class="c-readmore__label"><strong>Read more: </strong></span> <a class="c-readmore__link" href="https://web.archive.org/web/20220325123041/https://globalnews.ca/news/8535188/cryptocurrency-fraud-canada-consumer-advocacy/" data-track-region="content-read-more" title="Cryptocurrency fraud ‘exploding’ in Canada, according to consumer advocacy groups"> Cryptocurrency fraud ‘exploding’ in Canada, according to consumer advocacy groups </a> </p> </div><p>Sheryl now believes Yang was working with the cryptocurrency broker in order to scam her out of all of her profits and investment. Minus any profits, she is out $280,000.</p><p>“I should have been more informed,” she said about investing without researching.</p><div class="l-article__part" data-shortcode="caption"> <figure class="c-figure c-figure--alignnone c-figure--expandable"> <div class="c-figure__inner"> <div class="c-figure__imageWrapper "> <img class="c-figure__image" alt="Reported romance scammer" src="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/uploads/2022/03/Dude-2.jpg?quality=85&strip=all&w=12&h=12&crop=1" data-src="https://web.archive.org/web/20220325123041/https://globalnews.ca/wp-content/uploads/2022/03/Dude-2.jpg?quality=85&strip=all&w=1200" srcset="" sizes="" data-srcset="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/uploads/2022/03/Dude-2.jpg?quality=85&strip=all&w=450 450w, https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/uploads/2022/03/Dude-2.jpg?quality=85&strip=all&w=720 720w, https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/uploads/2022/03/Dude-2.jpg?quality=85&strip=all&w=1200 1200w" data-sizes="(min-width: 1000px) 1200px,(min-width: 520px) 720px,450px" width="1200" height="675" loading="lazy"/> <a href="" title="View image in full screen" class="c-figure__expand c-figure__overlay" data-trackaction="image | open"> <span class="sr-only">View image in full screen</span> <div class="c-figure__maximizeBtn"> <svg class="c-icon c-icon--white c-figure__icon" focusable="false"> <use xlink:href="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=msjiw4cvn#maximize"></use> </svg> </div> </a> </div> <figcaption class="c-figure__caption c-caption"> <span class="c-caption__desc"> Reported romance scammer. </span> <cite class="c-caption__cite"> Courtesy: Sheryl </cite> </figcaption> </div> </figure> </div><p><a href="https://web.archive.org/web/20220325123041/https://www.bbb.org/local-bbb/bbb-serving-southern-alberta-and-east-kootenay" target="_blank" rel="noopener">The Better Business Bureau Serving Southern Alberta and East Kootenay</a> told Global News these types of scams are growing, costing Canadians millions of dollars every single year.</p><p>“Cryptocurrency and romance just don’t mix,” BBB CEO Mary O’Sullivan-Andersen said.</p> <div class="c-ad c-ad--bigbox l-article__ad"> <div class="c-ad__label">Story continues below advertisement</div> <div id="gpt-ad-300250-13" class="c-ad__unit" data-ad-pos="13" loading="lazy"> </div> <script> if ( typeof( gn_monetize ) !== 'undefined' && typeof( gn_monetize.Ads ) !== 'undefined' && gn_monetize.Ads.initialRequestMade() ) { // Ads script has been loaded, create the ad. gn_monetize.Ads.create( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-13","lazy":true,"targeting":{"pos":13,"slotid":"gpt-ad-300250-13"},"companion":false} ); } else { // if Ads script not yet loaded, queue up ad data for initialization. var gnAdSettings = gnAdSettings || {}; gnAdSettings.ads = gnAdSettings.ads || []; gnAdSettings.ads.push( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-13","lazy":true,"targeting":{"pos":13,"slotid":"gpt-ad-300250-13"},"companion":false} ); } </script> </div> <p>The BBB said it’s important to be vigilant and watch out for any red flags, including anyone you don’t know asking you for money, especially if it is on social media or on a dating site. Also, research the cryptocurrency sites well, understand their lack of regulations, and understand their complexity.</p><div class="l-article__part" data-shortcode="readmore"> <p class="c-readmore"> <span class="c-readmore__label"><strong>Read more: </strong></span> <a class="c-readmore__link" href="https://web.archive.org/web/20220325123041/https://globalnews.ca/news/8438010/1-million-dollars-lost-guelph-crypto-scam/" data-track-region="content-read-more" title="More than $1 million lost to crypto scams this year: Guelph police"> More than $1 million lost to crypto scams this year: Guelph police </a> </p> </div><p>All that said, O’Sullivan-Andersen said it’s still easy to fall victim regardless of how careful you are.</p><p>“Hindsight is everything,” she added. “It’s very easy, after the fact, to say: ‘I should have seen the red flags,’ and that’s exactly why often times the victims are staying silent.</p><p>“The fact is we do miss the red flags because they are professionals. They do this to lure you in.”</p><div class="l-article__part" data-shortcode="tp_video"> <div class="c-video c-videoPlay " data-iframe-receiver data-autoplay="" data-displayinline-featured="false" data-displayinline-type="video" data-displayinline-player-id="miniplayer_8518726_623db29a1fe19" data-displayinline-video-id="8518726" data-displayinline-ratio="16:9" data-displayinline="https://globalnews.ca/video/embed/8518726/#autoplay&stickyiframe=miniplayer_8518726_623db29a1fe19" data-displayinline-sticky="true"> <div class="c-video__inner"> <span class="c-video__placeholder"> <img class="c-video__image" alt="Click to play video: 'B.C. man loses retirement savings to cryptocurrency scam'" width="632" height="356" data-src="https://web.archive.org/web/20220325123041/https://i0.wp.com/media.globalnews.ca/videostatic/news/b5sli1b6hc-2vhkk1ha82/JPEG_CM_CRYPTO_LOSS_DREWA.jpg?w=1040&quality=70&strip=all" loading="lazy" srcset="" sizes="" data-srcset="https://web.archive.org/web/20220325123041im_/https://i0.wp.com/media.globalnews.ca/videostatic/news/b5sli1b6hc-2vhkk1ha82/JPEG_CM_CRYPTO_LOSS_DREWA.jpg?w=450#038;quality=70&strip=all 450w, https://web.archive.org/web/20220325123041im_/https://i0.wp.com/media.globalnews.ca/videostatic/news/b5sli1b6hc-2vhkk1ha82/JPEG_CM_CRYPTO_LOSS_DREWA.jpg?w=720#038;quality=70&strip=all 720w, https://web.archive.org/web/20220325123041im_/https://i0.wp.com/media.globalnews.ca/videostatic/news/b5sli1b6hc-2vhkk1ha82/JPEG_CM_CRYPTO_LOSS_DREWA.jpg?w=1040#038;quality=70&strip=all 1040w" data-sizes="(min-width: 1040px) 1040px,(min-width: 720px) 720px,450px"> <span class="c-video__overlay"> <span class="c-video__icon c-videoPlay__icon"> <svg class="c-icon c-icon--white c-video__play c-videoPlay__off" focusable="false"> <use xlink:href="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=msjiw4cvn#play"></use> </svg> <svg class="c-icon c-icon--red c-video__play c-videoPlay__on" focusable="false"> <use xlink:href="https://web.archive.org/web/20220325123041im_/https://globalnews.ca/wp-content/themes/shaw-globalnews/assets/dist/icons/out/symbol/svg/sprite.symbol.svg?v=msjiw4cvn#play"></use> </svg> </span> <span class="c-video__data"> <time class="c-video__duration">3:21</time> <span class="c-video__title">B.C. man loses retirement savings to cryptocurrency scam</span> </span> </span> </span> </div> </div> <figcaption class="c-video__caption c-caption"> <span class="c-caption__desc">B.C. man loses retirement savings to cryptocurrency scam – Jan 17, 2022</span> </figcaption> </div><p>She added romance scams are particularly heartbreaking.</p> <div class="c-ad c-ad--bigbox l-article__ad"> <div class="c-ad__label">Story continues below advertisement</div> <div id="gpt-ad-300250-14" class="c-ad__unit" data-ad-pos="14" loading="lazy"> </div> <script> if ( typeof( gn_monetize ) !== 'undefined' && typeof( gn_monetize.Ads ) !== 'undefined' && gn_monetize.Ads.initialRequestMade() ) { // Ads script has been loaded, create the ad. gn_monetize.Ads.create( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-14","lazy":true,"targeting":{"pos":14,"slotid":"gpt-ad-300250-14"},"companion":false} ); } else { // if Ads script not yet loaded, queue up ad data for initialization. var gnAdSettings = gnAdSettings || {}; gnAdSettings.ads = gnAdSettings.ads || []; gnAdSettings.ads.push( {"sizes":"[300,250]","biddable":true,"id":"gpt-ad-300250-14","lazy":true,"targeting":{"pos":14,"slotid":"gpt-ad-300250-14"},"companion":false} ); } </script> </div> <p>“When the heart is involved, when we’re feeling vulnerable, it’s very easy to fall victim to these scams.”</p><div class="l-article__part" data-shortcode="readmore"> <p class="c-readmore"> <span class="c-readmore__label"><strong>Read more: </strong></span> <a class="c-readmore__link" href="https://web.archive.org/web/20220325123041/https://globalnews.ca/news/7713786/cryptocurrency-fraud-grew-400-in-canada-rcmp-says/" data-track-region="content-read-more" title="Cryptocurrency fraud grew 400% in Canada, RCMP says"> Cryptocurrency fraud grew 400% in Canada, RCMP says </a> </p> </div><p>Sheryl has now cut herself off from any contact with Yang. He was supposed to visit Calgary last month, even sending her his flight itinerary, but did not show up.</p><p>She’s now focused on rebuilding her finances and putting the ill-fated romance behind her.</p><p>“It was really, really hard. I mean I go through a few weeks of crying, emotionally stressed, financially stressed,” she said. “How am I going to continue to support myself when I’m paying $5,000 in loans a month?</p><p>“The past 10 years that I built for my future and my retirement is now just gone.”</p> <section id="content-related-items-1" class="l-inlineStories l-inlineStories--text " aria-label="Related articles section 1"> <div class="l-inlineStories__heading"> <span class="l-inlineStories__title c-heading c-heading--strikethrough">Related News</span> </div> <ul class="c-list c-list--boxed"> <li class="c-list__item"> <a href="https://web.archive.org/web/20220325123041/https://globalnews.ca/video/8518726/b-c-man-loses-retirement-savings-to-cryptocurrency-scam/" class="c-list__link">B.C. man loses retirement savings to cryptocurrency scam </a> </li> <li class="c-list__item"> <a href="https://web.archive.org/web/20220325123041/https://globalnews.ca/video/8238846/a-warning-about-online-romance-scams/" class="c-list__link">A warning about online romance scams </a> </li> <li class="c-list__item"> <a href="https://web.archive.org/web/20220325123041/https://globalnews.ca/video/8603013/safety-while-dating-online-red-flags-and-the-prevalence-of-romance-scams/" class="c-list__link">Safety while dating online, red flags and the prevalence of romance scams </a> </li> </ul> </section>  <div class="l-article__copyright"> <div class="c-copyright"> © 2022 Global News, a division of Corus Entertainment Inc. </div> </div> </article> <div class="l-main__articleDetails l-article__footer"> <div id="content-feedback" class="l-main__feedback"> <div class="l-main__feedbackInner"> <a class="l-main__feedbackLink c-iconLink" href="/web/20220325123041/https://globalnews.ca/pages/principles-practices/"> <img class="c-iconLink__icon c-iconLink__icon--shield c-iconLink__icon--initial" 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