'Stressed and devastated': Woman loses more than $7,000 to investment scam seen on TikTok
CTV
An Ontario mother hoping to invest money to help her son with autism said she lost more than $7,000 that she invested in an online investment platform.
An Ontario mother hoping to invest money to help her son with autism said she lost more than $7,000 that she invested in an online investment platform.
"That money was to take care of my child who has autism. I am so stressed and devastated. That money was to support him," Shivaun Taylor of Toronto told CTV News.
Taylor said she was searching through TikTok when she came across a news report showing that someone who started investing only $250 was now making $28,000 a month.
"The news story said a police officer was making thousands of dollars a month. That made me get really interested and I just signed up," said Taylor.
Someone called Taylor the next day after she contacted the investment platform and told her to start investing in cryptocurrencies with a small investment of $250. Over time, Taylor was convinced to put in more money until she had invested $7,250.
Taylor said when she wanted to take the money out, she couldn't.
"My money is not in that platform anymore," said Taylor.