A retired nurse lost $43,000 to bitcoin — watch out for red flags online
A New York retired nurse lost $43,000 of her life savings to bitcoin scammers, after transferring the money to them through a malicious computer pop-up – an unfortunate reminder to be vigilant when it comes to your money.
It is always important to vet your investment decisions in all accounts, but especially retirement savings. Cryptocurrencies need not be entirely avoided, but they should be treated as the risky assets that they are. Many advisers suggest keeping these investments to a minimum in retirement accounts and investing in them in a separate account.
Pop-ups are a common fraud tactic — in some instances, they show up as a warning, as they did with this retired nurse, while in others, they might look like a virus or a text message notification.
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