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FBI Warns of an Increase in Online Romance Scams
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FBI warns of an increase in online romance scams [securityaffairs.co]:
The FBI is warning of online romance scams and related financial losses, overall losses associated with those complaints exceeded $475 million.
The Federal Bureau of Investigation warns of online romance scams (also known as confidence fraud), an ongoing criminal activity that continues to cause large financial losses along with emotional effects with unpredictable consequences.
Crooks behind romance scams use fake online identities to establish a contact with the potential victims and gain their trust.
The main hunting spots for these scammers are the dating websites and the social media platforms, they take advantage of people looking for romantic partners with the goal of financially exploiting the victims.
“According to the FBI’s Internet Crime Complaint Center (IC3), which provides the public with a means of reporting Internet-facilitated crimes, romance scams result in greater financial losses to victims when compared to other online crimes.” reads the alert [fbi.gov] published by the FBI. “In 2019, almost 20,000 complaints categorized as romance scams were reported to IC3 (about 1,000 more than the previous year), and the losses associated with those complaints exceeded $475 million.”
Upon establishing an online romantic relationship, crooks attempt to manipulate the victims into sending them money or other sensitive or financial information that could be used later in other fraudulent activities..
According to the FBI’s 2019 Internet Crime Report [securityaffairs.co] the losses associated with those complaints exceeded $475 million.
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