This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties.  Members and Law enforcement use only. Contact us for any permissions.  To do otherwise will result in the loss of membership.

Complete Story
 

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.

Read more...

Printer-Friendly Version


Resources

Alerts

The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.

more information
Resources

Resources

Your electronic library to help in fighting financial fraud for all of our partners.

more information