On Point | Podcast 'I thought I was doing something good': The scam that took Judith Boivin's life savings
Apr 2, 2025
Judith Boivin shares her harrowing experience as a victim of a sophisticated financial scam that cost her life savings, believing she was aiding the FBI. Alongside Michelle Singletary, a Washington Post personal finance columnist who investigated the case, they discuss the emotional toll and societal stigma associated with being scammed. They delve into the manipulative tactics used by scammers, the psychological impact on victims, and offer practical tips to help others protect themselves from scams that are becoming alarmingly common.
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Judith Boivin's Story
- Judith Boivin, a retired caregiver, lost her life savings to an elaborate scam.
- She believed she was aiding an FBI investigation into drug trafficking and money laundering.
Manipulation, Not Stupidity
- Many scam victims are not gullible or stupid; they are skillfully manipulated.
- Michelle Singletary aims to highlight this to reduce victim-blaming.
Victims' Stories
- Singletary received numerous emails from diverse individuals, including government workers and PhD holders, who had fallen victim to scams.
- Many victims expressed embarrassment and reluctance to share their stories.