FTC exposes romance scammers’ lies costing victims over $1 billion in losses
Romance scammers received a hefty payout last year, with some 70,000 victims
losing a whopping $1.3 billion, according to the Federal Trade Commission’s
(FTC) latest report.
losing a whopping $1.3 billion, according to the Federal Trade Commission’s
(FTC) latest report.
The median reported loss in 2022 reached $4,400 per victim, and FTC data shows
that 40% of the people who lost money began their ‘relationship’ with the
scammer on social media.
Besides unexpected private messages via social media, 19% of victims said they
met their romance scammer on dating platforms and apps. Once hooked