Romance Scams on the Rise
The Federal Trade Commission's Division of Consumer and Business Education has posted a blog article, "It's not true love if they ask for money," on the growing threat of "romance scams." FTC data indicates that the number of romance scams reported to the Commission has nearly tripled since 2015, and reported losses from those scams in 2019—$201 million—is six times higher than five years ago.
This article has been re-published from the Federal Trade Commission. Read the full article at https://www.consumer.ftc.gov/articles/0560-online-dating-scams-infographic