Shopping for love on the web? Romance scammers take your heart to steal your cash

Shopping for love on the web? Romance scammers take your heart to steal your cash

Certain, you will find love on line. You might get dropping for the con that is clever who can gain your trust and rob you blind. It happens all many times.

The Federal Trade Commission (FTC) received significantly more than 25,000 complaints about relationship frauds in 2019. In accordance with brand brand new information released this week, victims reported losing $201 million to those scams year that is last up almost 40per cent from 2018. When it comes to previous two years, more income was lost to romance frauds than some other form of scam reported to the FTC.

Romance scammers post their fake pages on popular relationship internet sites and apps. In addition they target people through direct texting on social networking websites. Their objective would be to take your heart and then take your hard earned money. Victims can lose thousands and thousands of bucks. In a few instances, their life cost savings.

A cautionary tale

Joyce, a divorcee whom lives within the greater Chicago area, got conned into providing $200,000 to a guy she came across on the web. He tricked her into giving him all her cost savings and 50 % of her your your retirement cash, and the arises from two loans she took down for him.

“It’s been devastating. We can’t spend my bills and I’m always worried about money,” Joyce (whom asked us not to ever utilize her name that is last NBC News BETTER. “I wanted to retire this but I can’t because I don’t have any savings year. And today i need to find a moment task to cover those loans off.”

This online romance was all via text or email as is typical with these scams. Continue reading “Shopping for love on the web? Romance scammers take your heart to steal your cash”