Dear Tax Guy: My mom spent $90K buying bitcoin, gifts and computers due to an online romance scam. Will the tax code provide any damage control? – MarketWatch

dear-tax-guy:-my-mom-spent-$90k-buying-bitcoin,-gifts-and-computers-due-to-an-online-romance-scam.-will-the-tax-code-provide-any-damage-control?-–-marketwatch
Dear Tax Guy,

My mom went into debt to buy bitcoin for a scammer because she thought she was in a romantic relationship with him. She also racked up credit-card debt to mail computers and gift cards to the scammer.

She’s in debt now for over $90,000 due to this scam, with no relief. She was too embarrassed to admit that she was being…

You May Also Like

About the Author: Kate