Yes. People get scammed for millions this way.

A newer scam does an end-around the normal sniff tests. They don’t ask you to give htem money, they strike up a pretty genuine friendship, they have details that check out, so it feels like you’ve just made an actual friend. They’ll talk to you for months. And then they’ll mention that they’ve been making a lot of money on this cool new investment. Well you want to make a lot of money on an investment too, so you ask how, and they tell you how to download an app from the app store, which is supposed to be a safe place, and walk you through “investing” money in some crypto or whatever. Which of course is the payout.