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Complete Story
03/04/2021
Caught in a bad romance
FTC
It’s day four of National Consumer Protection Week and we’ve been discussing ways we can look out for each other during the pandemic. Today’s topic – romance scams. Check out and share this short video.
Beyond the job losses and economic fallout of the pandemic, the loneliness and isolation brought on by our virtual lives has real consequences. This might explain why romance scams reached a record $304 million in losses reported to the FTC in 2020. That’s up about 50% from 2019.
Romance scams can start out in lots of ways – like when scammers create fake profiles on dating apps or social media. But these scams always end the same way – with a made up story about why the person needs money. Even if this scam might not affect you, it could be happening to someone you know.
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