Cryptocurrency scam costs woman $1.2m

This happens after she meets an online scammer who poses as a rich factory owner keen to buy her retail business

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Crooks masquerading as tycoons to dupe their victims seem more like Hollywood fare than real life but tell that to a Singapore woman who has lost her life savings after falling for such a scam.
Her losses - around $1.2 million - were even more painful because the 53-year-old had made a point to check out the conman who eventually ripped her off.
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