Romance scams are rising on dating apps, costing Americans over $650 million in 2022. Match Group’s CEO expressed empathy for victims, but said “things happen in life.” An FTC lawsuit alleges up to 30% of daily Match.com sign ups are users utilizing the platform for scamming. When it comes to…
When the Federal Trade Commission began investigating problems related to romance scams five years ago, the consumer watchdog agency’s analysts gained access to internal data from one of the biggest players in the online dating space — Match.com. “It was incredibly troubling,” a former FTC analyst told CBS News, speaking…
The CEO of the nation’s largest online dating company told CBS News that his company cares deeply about protecting its customers, though his response for those who have lost their life savings to overseas romance scammers, was more nuanced: “Things happen in life.” “Look, I mean, things happen in life,”…
When the Federal Trade Commission began investigating problems related to romance scams five years ago, the consumer watchdog agency’s analysts gained access to internal data from one of the biggest players in the online dating space — Match.com. “It was incredibly troubling,” a former FTC analyst told CBS News, speaking…
The CEO of the nation’s largest online dating company told CBS News that his company cares deeply about protecting its customers, though his response for those who have lost their life savings to overseas romance scammers, was more nuanced: “Things happen in life.” “Look, I mean, things happen in life,”…
The CEO of Match Group, which owns Match.com, Hinge and Tinder, said that he has “empathy” for victims of scams on dating apps, but “things happen in life.” Bernard Kim, who’s headed the online dating giant since 2022, told CBS News that Match Group has policies in place to protect…
Match Group, which owns dating services like Tinder and OkCupid, sued Google on Monday, claiming that it broke antitrust laws with the rules it set for its smartphone app store. Google leveraged monopoly power over app distribution for its Android smartphone software to restrict the ability of apps to charge…
