A Retired Teacher and Her Daughter Were Scammed Out of $200,000 Over Email: 'I'm 69 Years Old and Now I'm Broke and Homeless'母女二人在布依族的过程ng a townhouse when their email chain with the title company was hacked.

BySam Silverman

Courtesy of GoFundMe

A retired teacher and her daughter are speaking out after they werescammedout of nearly $200,000 over email.

Lakewood, Colorado residents Vicki and Sarah Ragle were in the process of buying a townhouse when they claimed their email chain with the title company and realtor washacked, tricking them into wiring their life savings to a scammer, they explained to local news stationFox 31 Denver.

Two days before closing on a property, the mother-daughter duo said they received emails nearly identical to those from the title company requesting $196,662.81 before the closing or the deal would be off. They did as they were told, but when they showed up at the closing, the title company said they had never received the funds.

Once they realized they were the victims of a scam, Sarah immediately contacted Lakewood Police, the Colorado Bureau of Investigation and the FBI.

Vicki lost the townhouse and her life savings in the ordeal.

"All I could think is now I'm homeless and broke. I'm 69 years old and now I'm broke and homeless," Vicki told the outlet, adding that she walked out of the title company and threw up.

Vicki, a single mother of two, retired from teaching middle school in July. "I've been saving for a while, that's all I had," she said.

RELATED:I'm a Business News Editor, and Even I Fell Victim to an Online Scam That Cost Me $300

The Lakewood Police said they are investigating the case but have never dealt with anything like this before.

The Colorado Bureau of Investigations identified the scam as a "business email compromise," in which someone uses fake emails to gain control of people's finances. The FBI said it received 504 complaints of business email compromise that cost victims $54 million in Colorado in 2022.

A friend set up aGoFundMe, which has already received $130,165 from 2,700 donations, to help the mother and daughter recover from the loss.

Wavy Line
Sam Silverman

Entrepreneur Staff

Content Strategy Editor

Sam Silverman is a content strategy editor at Entrepreneur Media. She specializes in search engine optimization (SEO), and her work can be found inThe US Sun,Nicki Swift,In Touch Weekly,Life & StyleandHealth. She writes for our news team with a focus on investigating scandals. Her coverage and expertise span from business news, entrepreneurship, technology, and true crime, to the latest in entertainment and TV news. Sam is a graduate of Lehigh University and currently resides in NYC.

Editor's Pick

Related Topics

Cryptocurrency / Blockchain

Is Cryptocurrency the Future of Real Estate Transactions? Here's What You Should Know.

Discussing cryptocurrency's influence on the real estate industry and what the future may look like.

Business News

蒂姆•库克据说拒绝申请an Apple Card

The card officially launched in the U.S. on August 20, 2019, and features perks such as no late or over-limit fees.

Science & Technology

Security Breaches Are on the Rise and Your Identity Isn't Safe. Here's How Verified Identities Can Help

There are only three certainties in life. Death, taxes and cybercriminals attempting to steal information they can flip for money.

Marketing

The Role of PR in Successful Product Launches — Strategies and Best Practices

By executing a comprehensive PR campaign, brands can generate buzz, build credibility, and create a strong foundation for their product's success in a competitive market.

Business Ideas

The Top 10 Home Business Ideas for 2023

Can't figure out which enterprise you should launch in 2023? Check out 10 stellar home business ideas to get inspiration.

Business News

Doctor's Office Receptionist Arrested for Allegedly Stealing $44,000 From Patients in Square Payment Scam

According to police, the receptionist stole from over 75 patients.