Ontario man out $106,000 after being blindsided by twist of two scams
An Ontario man says he will probably have to sell his house after being scammed out $106,000 of his retirement money.
Sylvester, who did not want to provide his surname, said he is devastated and left completely lost after realizing he had been conned out of his savings.
"I just met this girl online, and I started to talk to her, and she said she's making some money in cryptocurrencies and said I could too," Sylvester, from Oshawa, said.
Sylvester said in October 2021, he was on a Facebook dating website when he met the woman, who claimed to be named Joanna and said she was visiting Canada from Korea.
After a week of chatting online, she suggested they invest in cryptocurrencies together.
Sylvester started with $500, but later invested thousands more. In total, he made about 22 transactions, taking loans from the bank and a line of credit.
At one time he transferred $24,000 in funds. He said he believed the woman he met online was also investing at the same time as him and putting in equal amounts.
Sylvester said at one time he even did a Zoom chat with the woman.
The woman also sent him printouts showing that his investments were rapidly going up, however when he tried to take his money out in December he couldn't.
That's when he said he realized he had been scammed out of $106,000.
A woman uses her computer keyboard to type while surfing the internet in North Vancouver, B.C., on Wednesday, December, 19, 2012. THE CANADIAN PRESS/Jonathan Hayward
"I'm retired and that was my retirement money that I saved. Now my heart is crying," Sylvester said.
Canadians, like Sylvester, lost more than $70 million in 2021 to investment fraud and another $40 million to romance scams.
Now criminals are combining the two types of fraud adding a twist to dating scams that some are calling CryptoRom.
In November, CTV News Toronto spoke with a woman who lost $80,000 in a cryptocurrency scam after connecting with a man on a dating website.
The Canadian Anti-Fraud Centre said while victims may think they're investing in cryptocurrencies, they're really just handing their money over to criminals.
"The fraudster is sending a platform, which is fake, but it very much looks real to the victims," Sue Labine with the Canadian Anti-Fraud Centre told CTV News Toronto.
During the COVID-19 pandemic, many people have been lonely and have turned to dating websites for companionship.
Sylvester is devastated after being caught in the scam and is worried he will lose his home.
"I'm lost. My mind is not working properly. I can't think, I can't do anything. I borrowed money from my friends, I borrowed money from all the banks. I have to sell my house probably," Sylvester said.
CTVNews.ca Top Stories
'My little love is now flying high': Families pay tribute to Texas school shooting victims
Families are sharing photos and stories of their loved ones, who lost their lives in a mass shooting in Texas that killed at least 19 children and two adults on Tuesday afternoon.
Onlookers urged police to charge into Texas school
Onlookers urged police officers to charge into the Texas elementary school where a gunman's rampage killed 19 children and two teachers, a witness said Wednesday, as investigators worked to track the massacre that lasted upwards of 40 minutes and ended when the 18-year-old shooter was killed by a Border Patrol team.
As it happened: The 2022 French-language Conservative leadership debate
The Conservative Party of Canada leadership hopefuls debated face-to-face in French, in Laval, Que. on May 25. Recap CTV News reporters' real-time updates as the debate unfolded.
Beto O'Rourke confronts Gov. Abbott on shooting: 'This is on you'
A news conference about the shooting at a Texas elementary school broke into shouting Wednesday as Democratic gubernatorial candidate Beto O'Rourke blamed Republican Gov. Greg Abbott for inaction ahead of the latest in a long string of mass shootings in the state.
Trudeau cancelled B.C. appearance after RCMP warned protest could escalate: CP source
Prime Minister Justin Trudeau cancelled plans to appear in person at a Liberal fundraiser in British Columbia Tuesday after RCMP warned an aggressive protest outside the event could escalate if he arrived, said a source close to the decision. The source spoke to The Canadian Press on condition of anonymity because they were not authorized to discuss the situation publicly.
Canada's 2022 summer weather forecast predicts huge differences from coast-to-coast
Several parts of the country, including British Columbia and Canada's Maritime provinces, are likely to see wetter-than-normal conditions this summer, according to AccuWeather's annual summer forecast.
Monkeypox in Canada: PHAC now confirms 16 cases nationwide
The Public Health Agency of Canada says it has now confirmed a total of 16 cases of monkeypox in the country, all in Quebec.
'How to Murder Your Husband' author found guilty of murder
A jury in Portland has convicted a self-published romance novelist - who once wrote an essay titled 'How to Murder Your Husband' - of fatally shooting her husband four years ago.
Who controls the price of crude oil?
Do oil companies control the price of crude? CTVNews.ca asked experts to explain.
Montreal
-
Legault to Trudeau after Bill 96 criticism: 'Have a bit of respect for the majority of Quebecers'
Quebec politicians were not pleased with the federal Liberals' comments on Bill 96 and Bill 21, firing back with a slew of protests and even raising sovereignty as the solution.
-
Quebec to provide update on monkeypox outbreak as province confirms 16 cases
Quebec's public health department is set to give its first press conference on the growing monkeypox outbreak as the province recorded its 16th confirmed case Wednesday.
-
With adoption of Bill 96, reconciliation 'is out of the window,' say Indigenous leaders
Indigenous communities in Quebec say the language law passed Tuesday will harm the education prospects of their youth and undermine reconciliation in the province.
London
-
Three Londoners charged after vehicle strikes police cruiser
Two men and one woman are facing charges Wednesday after police say their vehicle struck a London police cruiser and then the suspects fled the scene on foot over the weekend.
-
Fatal crash near Wardsville, Ont.
OPP and Southwest Middlesex fire are on the scene of a fatal collision Wednesday afternoon involving a tanker truck and a passenger vehicle.
-
'Extremely disappointing, extremely frustrating': Pride flags stolen, defaced in Norwich
Jeff Ducharme was in his home office when a young man in a truck pulled up, ran up to the front of his home in Norwich, Ont. and stole his pride flag in broad daylight.
Kitchener
-
Falling tree that killed Brantford woman was close miss for several others
New details are emerging about the tragic incident that killed 27-year-old Shelby Humble-Neale on Saturday.
-
Kitchener neighbours shocked to learn they heard gunshots amid Victoria Day fireworks
Waterloo regional police say evidence of gunfire found in McLennan Park in Kitchener is connected to another shooting incident in the nearby area of Windflower Drive and Windflower Crescent.
-
Two seriously injured, one airlifted after crash in Baden, Ont.
Two 29-year-old men have been seriously injured following a collision in Baden, Ont., with one needing to be airlifted to a hospital outside the region.
Northern Ontario
-
North Bay’s outdoor Farmers’ Market open for summer season
It’s a sign that summer is on the horizon. Farmers’ markets are opening in cities and towns across the north.
-
Big names running to represent Algoma-Manitoulin
Health care appears to be one of the bigger issues for voters along the North Shore as they get set to cast ballots in Algoma-Manitoulin.
-
Sudbury candidate, trucker convoy organizer named in $306M lawsuit
A candidate in the provincial election in Greater Sudbury has been named in a $306 million lawsuit related to last winter's trucker convoy in Ottawa.
Ottawa
-
Hydro Ottawa promises 'the bulk of the system' will be restored by Friday night
The president of Hydro Ottawa says "with a little bit of luck" power will be restored along the Merivale Road area on Thursday, bringing power to another 15,000 to 20,000 customers still in the dark following Saturday's storm.
-
Here are the Ottawa schools that will be closed on Thursday due to the storm
The Ottawa Catholic School Board says all schools with power will be open on Thursday, but 14 schools without power will remain closed.
-
One generator powering five homes: sharing kindness and electricity
Out of the tragedy of Saturday’s storm, come stories of people helping each other.
Windsor
-
After a major tragedy, should parents wait for their children to express their feelings before talking about it?
Not having an answer to all of your child's questions about tragedies like the Texas school shooting is perfectly okay, according to a grief therapist with the Canadian Mental Health Association.
-
Helping students break down academic and social barriers, more Temi robots coming to St. Clair College
The Community Integration through Cooperative Education (CICE) program at St. Clair College received a $20,000 boost Wednesday morning.
-
Windsor police arrest final suspect sought in Forest Glade shooting, Major Crimes Unit continues investigation
Windsor police have arrested another suspect related to the shooting near a Forest Glade bowling alley in April.
Barrie
-
Barrie police charge girl, 16, with attempted murder
Police charged a 16-year-old girl with attempted murder in connection with an alleged stabbing in Barrie last month.
-
Wrong-way Highway 11 driver acquitted in 2018 serious head-on crash
An Orillia man responsible for causing a head-on collision when he drove the wrong way on Highway 11 four years ago, sending a woman to the hospital with life-altering injuries, has been acquitted.
-
Police investigate alleged sexual assault in Wasaga Beach
Provincial police are investigating an alleged sexual assault in Wasaga Beach.
Atlantic
-
'That's not acceptable': Families of N.S. shooting victims, lawyers boycott inquiry in protest
As the inquiry into Nova Scotia’s mass shooting moves its public proceedings to Truro, many of the family members affected by the tragedy and their lawyers are boycotting the proceedings over the next week.
-
Murphy’s Logic: The mass shooting inquiry should put facts over feelings
Former Chief Anchor Steve Murphy offers a timely perspective on the Mass Casualty Commission and the difference 30 years after the Westray inquiry.
-
Control issues: Stark differences between U.S. and Canadian gun laws
Speaking off-script at an event in Halifax Wednesday morning, Canada's Minister of Public Safety said he was gutted by the latest mass shooting south of the border - the 27th in a school this year alone.
Calgary
-
Calgary retains commercial real estate team to revive new arena
The City of Calgary has recruited three people from the commercial real-estate sector in an effort to get a new event centre to replace the aging Scotiabank Saddledome.
-
Texas shooting aftermath: Attention turns to Calgary school safety, youth mental health support
After a massacre at a Texas elementary school, some are looking into safety protections against gun violence in Calgary's school system while mental health experts are offering advice for difficult conversations about mass shootings.
-
Calgary property taxes are in the mail, due by June 30
Those who haven't receive their bill by the first week of June are asked to contact 311.
Winnipeg
-
'We will take action': Manitoba not ruling out military help as emergency rooms overflow
The Manitoba Government could turn to the military for help as it struggles with staffing shortages, overcrowding, and in some cases, temporary closures of emergency rooms.
-
Manitoba government says proposed changes will make liquor sales more convenient
The Manitoba government is hinting it may allow more alcohol sales through private channels to boost customer convenience.
-
Pole knocked down on St. Anne's Road leads to power outage: Manitoba Hydro
Hundreds of residents in River Park South were left without power Wednesday evening after a pole was knocked down on St. Anne's Road.
Vancouver
-
Vancouver police use Taser on suicidal man, give each other fist bumps in social media video
A social media video that captures the moment a man gets Tasered by a Vancouver police officer is prompting calls for more training for police going out mental health calls.
-
Legal scholar says Canada 'absolutely' exists on stolen Indigenous land despite Trudeau sidestepping question
Prime Minister Justin Trudeau did not provide a clear answer when asked Monday if he believes Canada exists on stolen Indigenous land – but a legal scholar says the answer is obvious.
-
Logging protesters' tactics questioned after manure dumped at B.C. premier's office
Things got messy at B.C. Premier John Horgan's constituency office Wednesday.
Edmonton
-
'Still can't believe it': 1st period proposal makes Game 4 victory that much sweeter for Oilers fan
Even though they cheer for opposite teams, a proposal by a Flames fan at Game 4 of the Battle of Alberta received a resounding "yes" from the Oilers-loving bride to be.
-
School resource officers make students feel safer, new report finds
Edmonton’s School Resource Officer Program has received a passing grade in a new report that was presented to Catholic School Trustees on Wednesday.
-
Shandro takes shots at Edmonton councillors over police budget, but misses on some facts
Alberta's justice minister is facing criticism for "strange" and "remarkably unhelpful" comments he made in the legislature on Tuesday when an NDP MLA asked him to help fight crime in Chinatown.