RATE Group | Bitcoin fraud victim, 75, loses £11k in life savings
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Bitcoin fraud victim, 75, loses £11k in life savings

22 Jan Bitcoin fraud victim, 75, loses £11k in life savings

Posted at 12:22h in Cryptocurrency News by

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Frances Foster

Image caption

Frances Foster said the bogus company she saw online promised high returns

A 75-year-old woman is warning others of the dangers of an online scam that has cost her her life’s savings.

Frances Foster, from Plymouth, lost £11,000 to a bogus bitcoin company she saw online promising high returns.

She said someone from the firm even called her in December to wish her a “happy Christmas”, adding it showed how she was taken in by the scam.

Ms Foster, who has skydived for charity, said she was telling the story to “help someone not do what I did”.

‘It’s been awful’

The hospital ward clerk clicked on a bogus advert on the MSN news website last year for LTC Markets, which claimed to be based in Switzerland.

After first paying £250, she went on to lose the rest of her money after making other payments.

She said: “It’s been awful. I sent my first…

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