Protect your heart and your bank account by heeding the warnings from the Financial and Cyber Crime Group and be on the lookout for romance scams.
According to ScamWatch data, romance scams cost Queenslanders an estimated $4.9 million last year.
Romance scams are one of the most popular forms of fraud in Queensland, with almost 1,000 scams reported to police last year alone.
Scammers take advantage of victims through social media platforms, gaming sites and dating sites, particularly around romantic times of year, when people may be feeling vulnerable and looking for connection.
They hide behind fake profiles and identities and express strong feelings quickly to make their victims feel special and to gain their trust.
In many instances, scammers will then manufacture an emergency situation which an amount of money can fix and request the sum from the victim while promising to pay it back.
Scammers don’t discriminate, they will target anyone they can. If you can catch on early, you’ll save your heart (and your wallet) a lot of pain.
Detective Superintendent Craig McGrath from the Financial and Cyber Crime Group said there has been a noticeable increase, with most victims falling in the age bracket of 18-years-old and 88-years-old.
“In the last 12 months we have seen an increase in romance scams with more victims being talked into investments scams and making payments via cryptocurrency,” Detective Superintendent McGrath said.
“Some romance scams involve victims being romanced over several months, and in one particular matter, a Brisbane victim was scammed of $2.6 million, over several months.
“It takes a lot of courage and vulnerability to put yourself out there to fall in love, but that’s exactly what romance scammers take advantage of.
“No matter how strong you think your connection with someone online is, never send them money, card or bank details.
“By staying vigilant and following these tips, you can protect yourself from Valentine’s Day scams and enjoy a safe and enjoyable celebration. It’s okay to fall in love, just don’t fall for a scam.”
What to look out for:
How to spot a fake profile:
Steps you can take to protect yourself:
Reporting:
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