The Ramsey Show Highlights

My Mom Was a Victim Of A Romance Scam

4 snips
Mar 12, 2025
A harrowing story unfolds as a woman recounts her mother's $1.2 million loss to a romance scam, exposing the emotional aftermath and loneliness that ensued. Family dynamics become complicated as discussions about power of attorney and denial surface, emphasizing the need for mental health and financial awareness. The conversation also navigates the challenges of supporting a loved one trapped in a scam, highlighting the critical importance of open communication to prevent further financial harm.
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ANECDOTE

Romance Scam Story

  • A mother lost $1.2 million of her and her mother's estate to a romance scam.
  • The scam was discovered after the bank flagged a $300,000 transfer.
ADVICE

Helping Scam Victims

  • Treat the victim as if they lack competency, offering emotional support and basic necessities.
  • Do not provide access to further resources until they acknowledge the scam and show responsibility.
ADVICE

Further Advice

  • Accept a role reversal where you become the parent and the scam victim becomes the child.
  • Consider hiring a private investigator experienced in these types of scams.
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