A study released on Monday found that New York ranks No. 15 in the nation for most money lost to romance scams per capita.
Federal Trade Commission (FTC) data shows U.S. residents lost a record $547 million to romance scams in 2021.
The study from SocialCatfish.com, which broke down the FTC’s data by state, showed New Yorkers seeking love online lost $285,019 per 100,000 residents last year. Overall, New York had 1,168 victims report losses of over $57.5 million in 2021.
Social Catfish’s study ‘States Hardest Hit by Romance Scams‘ used population-adjusted data from the FBI’s Internet Crime Complaint Center and the FTC to determine the states most impacted by romance scams in 2021.
North Dakota ranked No. 1 with a $1,558,064 loss per 100,000 residents. On the east coast, the hardest hit state was Rhode Island with a $411,857 loss per 100,000 residents.
You can find a full list of each of the 50 states’ loss per capita on the Social Catfish website.
Social Catfish offered the following tips to avoid three common types of online romance scams:
How to avoid: Never provide your bank information or send and accept wire transfers.
How to avoid: Never invest money with anyone you meet online. If you want to invest in Crypto, use well-known apps like Crypto.com, Coinbase and PayPal.
How to avoid: Do a reverse image search to confirm if the person in the photos goes by the same name as the person who friend requested you on social media.
If you believe you have been contacted by a romance scammer, report it to FBI and FTC using the agencies’ online complaint portals.
Get the latest headlines delivered to your inbox each morning. Sign up for our Morning Edition to start your day. FL1 on the Go! Download the free FingerLakes1.com App for Android (All Android Devices) or iOS (iPhone, iPad).
Click Here For The Original Source
Recently, SEC Chair Gary Gensler issued fresh warnings about cryptocurrencies amid Bitcoin's surge to a…
Pay Dirt is Slate’s money advice column. Have a question? Send it to Athena here. (It’s anonymous!) Dear…
By Virma Simonette & Kelly Ngin Manila and Singapore14 March 2024Image source, Presidential Anti-Organized Crime…
Technology has disrupted many aspects of traditional life. When you are sitting at dinner and…
Reports of suicides, missing bodies, sexual kompromat and emptied bank accounts as fake sangomas con…
A South African woman has been left with her head in her hands after she…