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02/14/2022

Romance Scammers Steal a Record $547 Million

AARP

Here’s some heartbreaking news from the government: A record-setting $547 million was reported lost to romance scams last year.

Like flat champagne or a picked-over box of chocolates, there’s even more unwelcome news in the report from the Federal Trade Commission.

Losses to romance scams over the five years ending in 2021 now stand at $1.3 billion, making romance scams the costliest of any fraud reported to the agency during that period.

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