Perth grandfather loses $300,000 to romance scam

An 80-year-old Perth grandfather lost $300,000 and his home to a romance scam after meeting someone on Facebook who requested money over three years. Romance scams are increasing in Australia, with technology like AI making them more sophisticated, including the ability to fake video calls. Private investigators report clients losing up to $90,000, often taking out personal loans or second mortgages, with scammers willing to wait months before requesting money.See omnystudio.com/listener for privacy information.