Sugar daddy wants me to apply for a credit card so he can link me to his company account. Suspicious or am I being paranoid?
So basically, I was really desperate when I met this guy. I'm 18. He says he's in Canada right now, and will be back on the 23rd. When he isn't talking about money, he's been really upfront, honest, and genuine. But he offered to help me get a car, and I ended up giving over k worth, while he coughed up 00, and he said he's going to help me pay off the final k when he brings the car to me. After, if I no longer want the car, he wants me to sell it at a higher price.
I'm AWARE this was stupid, but it was really convincing and I took a leap of faith. But now he's telling me he doesn't trust his personal assistant anymore or something, and wants to link his company account to mine. He wants me to apply for a credit card, because I haven't established credit yet, and I'm not sure if this is suspicious or what.
Like I said, he's told me he's going to come see me when he gets back to the states. I'm not sure if that will really happen, but he otherwise hasn't shown many signs of being a scammer. Like he is obviously from another country, but he lives in New York. Seems to trade a lot of bitcoin. But his english is good, he's intelligent. For the most part, in my opinion, he seems legit but... I still can't help but feel it's a bit suspicious.
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There is a very simple test to apply to any question that asks about sugar daddies. Are you having sex with the guy? If not, it's a scam. The odds of any guy just wanting to give you money are about the same as your odds of winning the lottery. That's just the way life is.
Of course even if you are having sex with the guy, he still could be planning to scam you*. If he actually wants to give you money, he could pay your rent, make direct deposits to your bank account, or just hand you cash. He does not need, and should not have, any personal financial details.
*As happened to a good friend of mine. Met a guy, fell in love, he moved in, and she was happy for about 6 months. Then he cleaned out her bank account, ran up bills on her credit cards, and left town with her jewelry, leaving his dog behind. Really nice dog, too.
You can add anyone to a company credit line or even a personal credit line without them applying for anything.
It is called an "authorized user".
His request for you to do anything isn't necessary and should be a major red flag.
Glad you used your brain and not feelings when you assessed your "sugar daddy's" request.
Good for you!
Your description of him screams, scammer!, loud and clear.
If I myself would be so inclined to become a sugar daddy, I would reverse the flow of cash so my sugar would be on the end of receiving, not the other way around.
Stay sharp :)
It is obvious Romance scam. Consider yourself is lucky as you only "spent" 00.
Some people simply lose ten or even hundreds of thousands when they fall into a relationship sunk cost fallacy trap.
Apparently, the scammer attempted to upgrade the scam and try to lure you to give consent to charge on your credit card.
You should get over this and account this as a lesson paid (don't blame yourself on stupidity as many "adults" also fall for the sunk cost fallacy trap). Report it to the police if you think it is deemed necessary, just in case the scammer switches the tactics to blackmail.
On the language speaking part, Tim Harford has a throughout writing on Why we fall for cons.
People that have money and want to help others don't need money sent to them in order to do so, and there is no scenario where you opening up a credit card would enable a stranger to help you financially.
When a scammer gets a payout from someone, they very frequently try to get more from the person. In this case the scammer got ,000 from you, they likely know that you don't have more spare cash, so getting you to open a line of credit would be a good way for them to get more from you.
There's no reason to give this person access to your bank/credit accounts.
I certainly hope that I'm wrong, and that this vehicle will be delivered, but none of it sounds believable to me. Don't risk losing more.
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