In 2023, the FTC reported a staggering $1.14 billion in losses due to romance scams. However, the actual losses are likely even higher, as these scams are notoriously underreported. Romance scams aren’t just confined to dating sites; they’re also prevalent on social media platforms like Facebook and Instagram. In fact, 40% of reports indicated that the scam started on social media platforms.
Romance scams are long-haul cons designed to gain the victim’s trust and create an emotional connection. Once someone views the scammer as trustworthy, it becomes incredibly difficult to break that perspective. Scammers often mirror their victim’s interests and present themselves as the perfect match. If you have an issue, they conveniently have the solution.
Here’s What to Watch Out For:
- “Wrong Number” Texts: If you reply to a text from an unknown number, a scammer will try to start or continue a conversation.
- Direct Communication: Scammers will try to take the conversation off dating sites and onto platforms like WhatsApp, where it’s harder to track and identify the scammer. Dating sites have stronger parameters to detect and remove spam accounts.
- Living at a Distance: They often claim to be abroad for military service, business, or charity work, making it difficult to meet in person.
- Relentless Contact: They engage in “love bombing,” constantly messaging you and showering you with attention.
- Plans to Meet: They make plans to meet but always have an excuse at the last minute for why they can’t.
- Emergency Money Requests: They ask for money to deal with an emergency.
- Investment Opportunities: They share a lucrative investment opportunity that you should join, oftentimes in regard to cryptocurrency.
Stay Protected
To protect yourself or a loved one, it’s essential to educate yourself, as knowledge is your best defense. If you’re receiving communications from someone you haven’t met, discuss the situation with trusted family or friends who may help you identify these communications as inauthentic. If sent a photo, utilize reverse image search to help verify if a profile picture has been used elsewhere, potentially indicating the person is not who they say they are. If you suspect a scam, it’s crucial to report it to the FTC’s Report Fraud portal to help prevent others from falling victim.
Educational Resources
Check out these additional resources:
- The Perfect Scam: AARP’s podcast features stories from people who have experienced fraud and experts who educate the public on the topic.
- FBI Resources: The FBI’s page includes videos and podcasts to help you stay informed.
Stay vigilant and protect yourself and your loved ones from these deceitful schemes. If something feels off, trust your instincts and take action to report it!
