Rachel Cruze
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, you guys, it's so easy to join Fairwinds no matter where you live. So go to fairwinds.org slash Ramsey.
All right, we have today's question from Denise in Massachusetts. My 51-year-old son invested $600,000 in a crypto exchange scam, and he cannot recover the funds. An attorney says he can sue the exchange that facilitated the transaction. However, after fees, he can only expect to recover about $25,000 of it. Should he go forward with the process of trying to at least get some of his money back?
All right, we have today's question from Denise in Massachusetts. My 51-year-old son invested $600,000 in a crypto exchange scam, and he cannot recover the funds. An attorney says he can sue the exchange that facilitated the transaction. However, after fees, he can only expect to recover about $25,000 of it. Should he go forward with the process of trying to at least get some of his money back?
All right, we have today's question from Denise in Massachusetts. My 51-year-old son invested $600,000 in a crypto exchange scam, and he cannot recover the funds. An attorney says he can sue the exchange that facilitated the transaction. However, after fees, he can only expect to recover about $25,000 of it. Should he go forward with the process of trying to at least get some of his money back?
Gosh, George, that's one of the highest ones I've heard.
Gosh, George, that's one of the highest ones I've heard.
Gosh, George, that's one of the highest ones I've heard.
Well, $600,000?
Well, $600,000?
Well, $600,000?
Could you imagine?
Could you imagine?
Could you imagine?
So much scams, yes. So many scams.
So much scams, yes. So many scams.
So much scams, yes. So many scams.
Yeah. Yeah. And then, like you said, if you have to pay attorney's fees on top of it.