More consumers are falling prey to romance scammers. According to the US Federal Trade Commission (FTC), in the past five years, people have reported losing a staggering $1.3 billion to romance scams. In 2021 alone, romance scammers were up nearly 80 percent compared to 2020, with consumers losing $547 million…
Trying to find your love on online dating apps? Beware of romance scams! Just don’t do this. There has been a huge surge in online dating apps romance scams! Users of Tinder, Bumble, and Facebook have suffered big losses due to these so-called romance scams. While online dating apps are…
Anatomy of a Cryptocurrency Investment Scam The FBI outlines the eight steps that a cryptocurrency investment scam commonly follows: 1. The scammer’s initial contact is typically made via dating apps and other social media sites. 2. The swindler gains the confidence and trust of the victim by establishing an online relationship and then claims…
