Romance fraudsters increasingly trying to make victims fall prey to bogus investments getty Romance scams are trying more to lure victims into bogus investments says a new report from the Federal Trade Commission. People are led to believe their new online companion is a successful investor who, before long, casually…
victims fall prey to bogus investments getty Romance scams are trying more to lure victims into bogus investments says a new report from the Federal Trade Commission. People are led to believe their new online companion is a successful investor who, before long, casually offers investment advice, notes the report….
Since the start of 2021 through June 2022, people have reported losing over $1.3 billion in cryptocurrency to scams. Nearly half say the scam began with an ad, post, or message on social media. The largest share of the losses, about $785 million, involved bogus investment opportunities. Cryptocurrency was the…
