Colorado Man Loses $1.4 Million in Cryptocurrency Romance Scam After Meeting "Erin" on Ashley Madison

Sep 29, 2025 05:50 pm CST

A married Colorado man lost his entire $1.4 million retirement savings after falling victim to a cryptocurrency romance scam. After meeting "Erin" on Ashley Madison, he was manipulated into transferring funds to fake crypto platforms over six weeks. Law enforcement has tracked the funds to a cold storage wallet, but recovery remains unlikely. This case serves as a cautionary tale about online relationships and cryptocurrency investment schemes.