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A romance scam is a confidence trick involving feigning romantic intentions towards a victim, gaining the victim's affection, and then using that goodwill to get the victim to send money to the scammer under false pretenses or to commit fraud against the victim.
The FBI says romance scams account for the largest online financial crime losses. Steven Shapiro / Credit: CBS News "Once a victim sends money to a scammer, they'll put them on a suckers list ...
A type of financial scam, romance fraud is when “a criminal adopts a fake online identity to gain a victim’s affection and trust. ... though those are only two brief examples. ...
How a romance fraud works. Scammers typically adopt a fake online identity, then quickly develop a close relationship to manipulate victims by email, online messages and phone calls.
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 ...
A very common example of romance scams is depicted in the fraudulent activities of these boys, popularly known as Yahoo boys in Nigeria. [ 89 ] The con artist may claim to be interested in meeting the victim but needs cash to book a plane, buy a bus ticket, rent a hotel room, pay for personal-travel costs such as gasoline or a vehicle rental ...
The FBI says in 2022 more than 19,000 people across the United States fell victims to these scams and were duped out of more than $700M. FBI warns of 'romance and confidence' scams ahead of ...
Last year, the Federal Trade Commission received over 64,000 romance scams reports that translated into $1.14 billion in reported losses. When Kate Kleinart fell victim of a romance scam, what ...