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Australian Elderly Couple Lose $900,000 Retirement Savings to Crypto Scam

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Mike and Karen Taylor, an elderly couple in Melbourne, Australia have revealed how they were duped 900,000 AUD ($633k) of their retirement savings. According to the duo, they had invested their life savings in a cryptocurrency trading website that looked legit but later turned out to be a scam in disguise. This was reported by a local news platform, 7news.

Melbourne Couple Disclose Events That Led to the Loss

Per the report, Mike and his wife Karen Taylor recently disclosed how they lost their entire retirement savings to a fraudulent crypto trading website within some months. The lost amount, in ...

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