Romance scams rank number one on total reported losses

Individuals interested in relationship are hoping become swept off their legs, maybe maybe not swept up in a scam. But thousands of reports in customer Sentinel show that a scam is exactly what people find. In 2018, Sentinel had significantly more than 21,000 reports about relationship frauds, and individuals reported losing a complete of $143 million – that is a lot more than virtually any customer fraudulence type identified in Sentinel. 1 These reports are increasing steadily. In 2015, in comparison, individuals filed 8,500 Sentinel reports with buck losings of $33 million.

Romance scammers lure individuals with phony online pages, usually raising pictures on the internet to generate appealing and convincing personas. They may compensate names or assume the identities of genuine individuals. Continue reading