Romance Scams Number 1

Watch For Scams is dedicated to helping you avoid becoming a victim of fraud.

If you like this ezine, do a friend a big favor and forward this to them. If a friend forwarded this to you, and if you like what you read, please subscribe by visiting the link below:

Subscribe Here

Romance Scams Number 1

FBI announced this week that romance fraud victims lost $1 billion in 2021.

Romance scams are believed to be underreported, so the actual amount lost is likely much higher.

Typically, women over the age of 40 are a target for these types of scams especially if they are widowed, divorced, elderly and/or disabled, according to the FBI.

Scammers may be direct in asking for money or they may pretend they need money due to a big emergency. They will ask for cash and will often avoid meeting in person.

Scammers will also trick victims into releasing personal information, including dates of birth and bank account numbers.

Some warning signs that someone may be trying to scam you include:

1. Wanting to leave a dating app and move to email or text

2. Asking or pressuring you for explicit or compromising photos of yourself

3. Their photos look too perfect or professional

4. They always ask for money or help moving money

It is recommended people research the person you meet online, and question why they can’t meet you in person or wait to meet in person despite being provided travel plans. Avoid travel to a foreign country to meet someone and be careful about how much information you share online.

Remember - always watch for scams!