An American businessman who lost $26 million in a cryptocurrency investment scam is asking British Columbia’s courts to help find his money — and the people who stole from him.
For four months, LW believed he was in an online romantic relationship with a Vancouver woman named Qian Xin who enticed him to invest millions of dollars in cryptocurrency-based trading platforms.
But a private investigator’s report said that Xin likely never existed, and the exchanges where LW invested his money turned out to be bunk. Canadian authorities say it’s an increasingly prevalent type of scam where fraudsters forge romantic or platonic relationships with their victims online, then push them to invest as much as they can in a phoney scheme.
So rich but so dumb.
