This Valentine’s Day, Don’t Fall for Romance Scams or Fraud

Valentine's Day hearts on a pale pink background

Today is Valentine’s Day! WNN compiled some information about romance and dating app scams to keep in mind during February 14 and all year long.

According to the Federal Bureau of Investigation’s (FBI) website, romance scams “occur when a criminal adopts a fake online identity to gain a victim’s affection and trust.” The romance scammer will then use “the illusion of a romantic or close relationship to manipulate and/or steal from the victim.”

The FBI states that romance scammers attempt “to establish a relationship as quickly as possible, endear himself to the victim, and gain trust. Scammers may propose marriage and make plans to meet in person, but that will never happen. Eventually, they will ask for money.”

The Federal Trade Commission (FTC) paints a similar picture of romance scammers, warning consumers that scammers will try to establish a relationship online but will begin to ask for money. According to the FTC, “people reported a record $547 million in losses to romance scams in 2021.”

Romance scammers will say they can’t meet in person, ask you for money, and give you specific directions on how to pay, like through gift cards or wire transfer, according to the FTC. These agencies also include tips on how to avoid being scammed or identity romance scammers. The FTC suggests that if you think you may be a victim of a romance scam:

Similarly, the DOJ provides warnings to individuals on how to eschew romance scams:

Read more fraud and whistleblower news on WNN

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