Woman loses £60,000 to online romance scam after trusting 'the one'
Pensioner scammed out of £60k in cruel online romance fraud

A 67-year-old American woman has been left financially devastated after the man she believed was her perfect match conned her out of nearly £60,000 in a sophisticated romance scam.

The Dream Connection That Turned Into a Nightmare

Cindy Palecek, a retired physical therapy assistant from Oshkosh, Wisconsin, met a man online who presented himself as a handsome construction worker. He appeared charming and kind, quickly earning her trust. During their conversations, Cindy confided in him about her existing money troubles, seeing him as a supportive partner.

Seizing the opportunity, the man, who called himself Mike, proposed a solution. He told Cindy about a lucrative investment opportunity that promised high-interest returns, assuring her it was a sure-fire way to clear her debts. Convinced he was "the one" and had her best interests at heart, Cindy agreed to invest.

The Cruel Twist and Disappearing Act

Between December and the following March, Cindy transferred a total of $80,000 (approximately £60,000) into what she believed was an investment account. The scammer had, in fact, helped her set up an account that was ultimately controlled by him. The illusion shattered when Cindy attempted to withdraw $50,000 (£37,000) while on a holiday in Key West, Florida, with friends.

"I was due $50,000, thinking it would be in my account when I got back from vacation and I could repay all my loans," Cindy explained. When the money failed to materialise, she tried frantically to contact Mike. He had vanished without a trace, cutting all communication. "I've not heard from him at all since March," she stated.

Life-Altering Consequences and a Warning to Others

The fallout from the romance scam has been catastrophic for Cindy. She was plunged into a "major depression" for five months, left numb by the betrayal. To manage the enormous financial loss, she has been forced to re-mortgage her house and has taken a job at a supermarket in a desperate attempt to recover.

"I'll probably spend the rest of my life paying this off," she said despairingly. "I'm going to have to work into my 90s before I can start and join life and then it's way too late." Cindy has reported the crime to the police and has also launched a GoFundMe page to try and recoup some of her devastating losses.

Now, she is determined to use her painful experience to alert others. "I would just tell other people to be aware," she urged. "If you have to send money any which way, just don't." Her story is a stark reminder of the emotional and financial ruin that online fraud can cause, urging both women and men to remain vigilant against too-good-to-be-true promises from online acquaintances.