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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 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.
It's one that bears repeating: In 2021 alone, according to the FTC, the median individual reported loss due to romance scams was around $2,400, with a total reported loss of $547 million from ...
That’s when a romance scam comes in. It can happen to anyone. A type of financial scam, romance fraud is when “a criminal adopts a fake online identity to gain a victim’s affection and trust.
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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related to: romance fraud advice