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Just in time for Valentine's Day, the FBI is warning of online dating scams. The bureau received more than 15,000 reports linked to romance scams last year with more than half of those complaints ...
"The FTC estimated on average $2,500 was sent to romance scammers in 2020, more than ten times the median loss across all fraud types. Given the rampant use of social media and rise of online dating services, the opportunity for scammers to prey on individuals is only growing, explained Emma Fletcher, an analyst at the FTC.
And now scammers are banking on it. Romance scams — a type of con in which online fraudsters lead a person on with talk of romance (typically in the form of manipulative love-bombing) before ...
Online dating is a legitimate way to begin a relationship in the modern age, but online anonymity also exposes users to fraud and scams.The FBI reported losses of over $956 million to romance ...
Almost 70,000 people fell victim to romance scams in 2022, according to the Federal Trade Commission. Experts told Fox News Digital how those dating online can protect themselves.
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One of the variants is the Romance Scam, a money-for-romance angle. [87] The con artist approaches the victim on an online dating service, an instant messenger, or a social networking site. The scammer claims an interest in the victim, and posts pictures of an attractive person. [88]
Such scams are commonplace on social apps. In October 2023, 12% of Americans using dating apps experienced exposure to this type of fraud, up from 5% in 2018. [5] The scammer builds trust with the victim through online communication, subsequently persuading them to invest in a fraudulent cryptocurrency scheme.