Authorities and financial institutions have issued multiple warnings about the rise of cryptocurrency and relationship investment scams, which have led to substantial financial losses for victims worldwide. These scams often begin with scammers selecting victims and building trust through social media or direct messages before pitching fraudulent investment opportunities. Victims, including retirees, have lost thousands of euros and dollars, with some cases involving unauthorized bank transfers and social engineering tactics. In one instance, a retiree lost 11,500 euros in an online scam and faced difficulties with her bank demanding repayment of the credit used for the investment, leading her to pursue legal action. The U.S. Securities and Exchange Commission (SEC) highlighted that relationship investment scams can cause investors to lose billions annually and emphasized the importance of recognizing red flags. The SEC has also provided educational resources, including quizzes, to help individuals identify and avoid these scams. Law enforcement agencies have cautioned against internet-based investment offers, urging the public to report fraud and remain vigilant to avoid becoming victims.