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Search across 26,669 articles about elder fraud. Filter by fraud type, payment mechanism, or keywords.

10,275 results in Robocalls / Phone Scams
metropolisplanet.com · 2026-02-19
Romance scams cost Americans over $672 million in 2024, with adults aged 60 and older losing nearly $390 million to criminals who build fake online relationships and eventually request money. According to cybersecurity expert Zach Lewis, scammers use grooming tactics, talk about marriage and destiny early on, and then gradually request money through various emergencies or fabricated crises. To protect yourself, be cautious of online relationships that quickly escalate to marriage talk, verify identities before sending money, and be especially vigilant if you're an older adult—the primary target of these schemes.
newsday.com · 2026-02-19
"Pig butchering" scams are sophisticated fraud schemes where criminals build trust with victims through fake personal or romantic relationships before convincing them to invest money in fraudulent schemes, often resulting in devastating financial losses. New York's Attorney General is warning residents about these scams, which have caused nearly $75 billion in global losses between 2020 and 2024 and can target anyone, not just seniors. To protect yourself, remain skeptical of unsolicited contact from strangers on social media or dating apps, especially those who quickly suggest financial opportunities, and contact authorities if you suspect you've been targeted.
tbrnewsmedia.com · 2026-02-19
New York Attorney General Letitia James warned New Yorkers about "pig butchering" scams, where fraudsters build fake relationships with victims through social media and dating apps before pressuring them to invest money in fraudulent cryptocurrency or currency schemes. The scammers use fake screenshots and fake wealth displays to gain trust, then transition conversations to encrypted messaging apps to hide their identities before stealing victims' savings. New Yorkers are urged to remain vigilant, verify investment opportunities independently, and report suspected scams to the Attorney General's office or the platforms where they occur.
fingerlakes1.com · 2026-02-19
New York's Attorney General is warning residents about "pig butchering" scams, where fraudsters build fake relationships with victims over weeks or months on social media and dating apps before convincing them to invest in fake cryptocurrency or currency trading schemes. The scammers use fake screenshots, fraudulent websites, and fabricated account statements showing profits to gain trust, then disappear with victims' money when they try to withdraw funds. To protect yourself, be skeptical of unsolicited investment opportunities from new online contacts, verify investment opportunities through official channels, and report suspected scams to the Attorney General's office immediately.
finance.yahoo.com · 2026-02-19
Financial scams cost Americans at least $10 billion in 2023, with losses among older Americans surging from $600 million in 2020 to $2.4 billion in 2024, often involving large sums stolen through sophisticated schemes like the case of Marjorie Kessler, who lost over $2 million after being tricked into converting her retirement savings to gold and cryptocurrency. While the UN emphasizes that preventing scams requires strong legal and regulatory systems, American institutions like FINRA—which oversees brokerages holding most people's retirement savings—have failed to meaningfully address the epidemic. To protect yourself, be extremely skeptical of unsolicited requests to move funds or convert savings into alternative assets, verify requests directly with your financial institution through official channels, and report suspected scams to the FTC immediately.
thehill.com · 2026-02-19
Americans lost at least $10 billion to scams in 2023, with losses among older adults particularly devastating—jumping from $600 million in 2020 to $2.4 billion in 2024. One victim, Marjorie Kessler, was tricked into withdrawing over $2 million from her retirement savings under the false pretense that the U.S. Treasury needed to safeguard it, though she recovered only a portion. Experts and the United Nations emphasize that preventing these crimes requires stronger legal and regulatory systems rather than relying on individuals to protect themselves, particularly through oversight of financial institutions like FINRA that hold most Americans' retirement savings.
wgem.com · 2026-02-19
# Scam Summary Older Americans, who control $53 trillion in wealth, lost $2.4 billion to scams last year, with cybercrime against seniors skyrocketing. A new study from Florida universities found that vulnerability to scams isn't just about intelligence or cognitive ability—factors like loneliness, social connections, emotional recognition skills, and decision-making speed also play significant roles, meaning even educated, sharp individuals can fall victim. To protect yourself, be cautious when making quick financial decisions, maintain strong social connections, and take time to verify suspicious communications rather than responding immediately.
wmur.com · 2026-02-19
# Deed Theft Scam Summary Criminals in New Hampshire are stealing home ownership through "quit claim deed fraud," where scammers forge documents to sell properties they don't own, with victims in New England losing over $61 million between 2019-2023. The scam targets homeowners by using forged identification and real estate documents to sell, rent, or take out mortgages on properties without the owners' knowledge, as happened to a New Hampshire couple who discovered their property being marketed for sale without their consent. To protect yourself, homeowners should monitor their property records regularly, place fraud alerts with credit bureaus, and consider title insurance to verify ownership and catch unauthorized transactions quickly.
wfsb.com · 2026-02-19
A Florida man has been arrested on 26 charges for running a phone scam targeting a Wallingford resident who received a fraudulent call impersonating her bank and was tricked into sharing personal information, leading to unauthorized charges on her account. The 31-year-old suspect, Errol Patton from Miami, faces multiple charges including telephone fraud, identity theft, and payment card theft, with some charges specifically related to targeting a victim over 60 years old. To protect yourself, never provide personal or financial information over the phone in response to unsolicited calls—instead, hang up and call your bank directly using the number on your statement or their official website to verify any claims.
malwarebytes.com · 2026-02-18
Malwarebytes has expanded its free Scam Guard tool to Windows and Mac computers to help users identify scams in real-time, addressing a growing crisis where scams drained $442 billion from consumers globally last year. The tool, which uses AI and cybersecurity expertise to analyze suspicious messages, emails, texts, and calls, has already prevented high-risk fraud in 15% of interactions on its mobile version. Users who frequently encounter scams should download this free protection tool, as criminals are increasingly using AI-generated impersonations and deepfakes that are difficult for people to detect without assistance.
prnewswire.com · 2026-02-18
Malwarebytes has expanded its free Scam Guard tool to Windows and Mac desktops to help users identify fraudulent messages, emails, texts, and calls in real-time. Scams cost consumers $442 billion globally over the past year, yet two-thirds of people struggle to distinguish legitimate communications from fraudulent ones, making tools like Scam Guard increasingly important. Users can now get instant expert advice on suspicious content by using the AI-powered chatbot, which prevented high-risk fraud in 15% of interactions during testing.
ag.ny.gov · 2026-02-18
# Pig Butchering Scam Alert New York's Attorney General is warning residents about "pig butchering" scams, where fraudsters build fake relationships with victims through social media and dating apps before convincing them to invest money in fraudulent schemes, often involving cryptocurrency. The scammers gain trust over time by posing as romantic partners or financial advisors, use encrypted messaging to hide their identity, and show fake screenshots of profits to seem legitimate. To protect yourself, remain cautious of unsolicited contacts offering investment opportunities, verify relationships before sharing financial information, and report any suspected scams to the Attorney General's office or the relevant platform.
lifehealth.com · 2026-02-18
# Tax Season Scam Alert Summary During tax season, scammers are targeting both individual taxpayers and businesses with increasingly sophisticated schemes including fake social media tax advice, romance scams, phishing emails, cryptocurrency "pig butchering" schemes, and scams targeting tax professionals. Frost Law urges people to verify tax information only through official sources like the IRS, Federal Trade Commission, and local law enforcement, and to be especially cautious of unsolicited communications asking for money or personal information. If you become a victim, seek help from legal professionals or report the scam to official government agencies rather than handling it alone.
evrimagaci.org · 2026-02-18
In February 2026, cybercriminals launched a sophisticated global wave of scams combining phishing emails, text messages, and traditional mail to steal sensitive information from individuals and businesses. A particularly alarming campaign weaponized the XWorm Remote Access Trojan through deceptive emails mimicking purchase orders or shipments, which tricked users into opening malicious Excel files that exploited a decade-old Microsoft vulnerability to give attackers complete control of victims' computers. To protect yourself, experts urge vigilance by being skeptical of unexpected emails requesting file downloads, keeping software updated, and using multi-factor authentication on important accounts.
ago.mo.gov · 2026-02-18
# Tax Day Scam Warning Summary As tax season approaches, Missouri Attorney General Catherine Hanaway is warning residents about a surge in scams targeting taxpayers through fake emails, texts, phone calls, and websites impersonating government agencies and tax services. Scammers use fear and urgency to pressure people into sharing personal information or making immediate payments, though legitimate tax authorities will never demand payment via email or threaten arrest. To protect yourself, verify messages independently through official channels, never share sensitive information unsolicited, and report suspected scams to Missouri's consumer hotline at 800-392-8222 or ago.mo.gov.
thetimes.com · 2026-02-18
"Pig-butchering" romance scams are costing Americans over $1 billion annually, with scammers creating fake online dating profiles to build emotional trust with victims before asking them to invest money or provide personal financial information. Beth Hyland, a 53-year-old Michigan woman, fell victim to one such scam when she matched with a fake profile on Tinder and developed what she thought was a romantic relationship with someone claiming to be a construction manager. To protect yourself, be cautious of online dating matches who quickly profess feelings, avoid sharing financial information with people you've only met online, and verify profiles through reverse image searches or video calls before developing emotional or financial ties.
wwnytv.com · 2026-02-18
New York's Attorney General has warned residents about "pig butchering" scams, where fraudsters build fake relationships with victims through social media, dating apps, and text messages before convincing them to invest money in fake cryptocurrency or forex trading schemes. The scammers use fake screenshots, fabricated success stories, and counterfeit investment websites to trick victims into depositing their savings, sometimes causing severe financial damage. To protect yourself, be cautious of unsolicited contact offering investment opportunities, verify any investment advisor's credentials through official channels, and never send money to people you only know online—especially if they pressure you to use encrypted messaging apps.
americanbanker.com · 2026-02-18
New York's Attorney General warned residents about "pig butchering" scams, where fraudsters create fake romantic or professional relationships on social media and dating apps to trick victims into investing in fake cryptocurrency platforms that disappear with their money. The scams are particularly damaging because victims often fall for follow-up "recovery" schemes where new fraudsters promise to return lost funds for a fee, resulting in additional losses. To protect yourself, avoid sending money or cryptocurrency to online strangers, thoroughly research anyone soliciting investments, and watch for red flags like pressure to use encrypted messaging or unfamiliar trading platforms.
decripto.org · 2026-02-18
Retail customers are increasingly falling victim to sophisticated digital scams like romance scams and "pig butchering," which use emotional manipulation and social engineering to erode victims' rational judgment and convince them to willingly authorize fraudulent transactions. These scams are no longer isolated incidents but a structural trend affecting financial system stability, making them difficult to detect through traditional anti-fraud systems since victims believe they're acting in their own interest. Banks and financial institutions are being forced to rethink their fraud prevention strategies, with customer awareness and education emerging as critical protective measures against these emotionally-manipulative schemes.
phys.org · 2026-02-17
Romance scams are increasingly prevalent on dating apps like Tinder and Bumble, as well as social media and gaming platforms, where fraudsters build fake relationships to exploit victims financially. While there's no evidence that Valentine's Day specifically triggers more scams, romance fraud increased significantly during the COVID-19 pandemic when people sought emotional connection online. To protect yourself, be cautious of anyone quickly asking for money, verify profiles through reverse image searches, avoid sharing personal financial information early, and be skeptical of individuals who seem too perfect or rush emotional intimacy.
newsantaana.com · 2026-02-17
An Irvine resident lost $40,000 after a scammer sent a fake bank fraud alert text, then called to convince them to withdraw their savings for "protection" and arranged for a courier to collect the cash. The police warn that legitimate banks never ask customers to withdraw money or send it via courier, and they advise people to hang up suspicious calls and verify directly with their bank using the number on their card. If you or an older family member receives similar urgent requests involving cash withdrawal or secrecy, it's a red flag—contact your bank immediately through official channels.
wgal.com · 2026-02-17
Scammers are using fake warning messages on computers and smartphones that impersonate Apple to trick people into calling fraudulent "tech support" numbers, where they gain remote access to steal personal and financial information. If you fall victim and grant them access, these criminals can encrypt your files with ransomware and demand payment to unlock them. To protect yourself, ignore any unexpected pop-up warnings claiming to be from Apple or other companies, and never call numbers provided in these messages—instead, contact the company directly using the official number on their website.
walb.com · 2026-02-17
# Scam Vulnerability Summary Older Americans lost $2.4 billion to scams last year, with those over 70 controlling $53 trillion in wealth and becoming increasingly targeted by cybercriminals. A new study from Florida universities found that vulnerability to scams isn't just about intelligence or cognitive ability—social and emotional factors like loneliness, lack of family connections, and time pressure to make decisions also play critical roles, meaning even educated, sharp seniors can fall victim. To protect yourself, take time before responding to suspicious messages, maintain strong social connections with family and friends, and be cautious of situations that pressure you to decide quickly, especially those involving fake news, deepfakes, or emotional appeals.
foxnews.com · 2026-02-17
A malicious browser extension called NexShield, disguised as a legitimate ad blocker, deliberately crashes Chrome and Edge browsers to trick users into running dangerous commands that infect their computers. The scam falsely claimed to be from the creator of the popular uBlock Origin extension and was promoted through ads before being removed from the Chrome Web Store. To protect yourself, only download extensions from official sources, be skeptical of pop-ups claiming security problems, and never copy-paste commands into your command prompt without verifying their legitimacy.
gulfcoastnewsnow.com · 2026-02-17
# Email Scam Summary Millions of people lose billions of dollars annually to email scams, which have evolved from simple spam to sophisticated phishing attempts that impersonate legitimate companies like Microsoft, Amazon, and Google to steal passwords and financial information. John Joyce, a technology consultant, warns that scammers now use AI-improved grammar and official-looking logos to make fraudulent emails appear authentic, exploiting the fact that people receive over 120 emails daily and may click carelessly. To protect yourself, Joyce recommends updating software regularly, pausing before clicking links, being skeptical of all messages—especially unsolicited offers—and remembering that legitimate riches never come through email.
finance.yahoo.com · 2026-02-17
# Article Summary A Florida man nearly fell victim to an elaborate pet scam where a fraudster impersonating a police sergeant claimed his missing dog had been hit by a car and needed emergency surgery, even providing a convincing AI-generated photo as "proof." The scammer requested $1,900 through Zelle, but the transaction was flagged as suspicious, and the man discovered his dog was safe at home the next morning. Pet owners should be cautious of unsolicited calls about injured pets, verify information directly with police departments and veterinary clinics using official contact numbers, and remain skeptical of urgent payment requests, especially for large amounts.
Phishing Robocalls / Phone Scams Scam Awareness Gift Cards Cash Payment App
aol.com · 2026-02-17
A Florida man nearly fell victim to an AI-powered pet scam when someone impersonating a police sergeant called claiming his missing dog had been hit by a car and needed $1,900 in emergency surgery, even providing a fake photo of the injured puppy on an operating table. The scammer attempted to pressure the pet owner into sending money via Zelle, but the transaction was flagged and ultimately blocked, and the dog was found safe in the owner's yard the next morning. To protect yourself: be skeptical of unexpected urgent requests for money (even from seemingly legitimate sources), verify claims by contacting organizations directly using official phone numbers, and never send money via digital payment apps to unverified callers—especially when emotions are high.
Phishing Robocalls / Phone Scams Scam Awareness Gift Cards Cash Payment App
wired.com · 2026-02-16
Google's new AI Overviews feature, which synthesizes web information into automated summaries, is being exploited by scammers who plant fake customer service numbers online that the AI then prominently displays to users. When people search for legitimate company contact information and call the fraudulent numbers from the AI results, they reach scammers impersonating those companies who attempt to steal payment information and sensitive data. To stay safe, users should verify phone numbers through official company websites or apps rather than relying on AI-generated answers, and report any suspicious numbers to both Google and the companies being impersonated.
nbcsandiego.com · 2026-02-16
Scammers are targeting vulnerable immigrants in San Diego through texts, social media, and WhatsApp, posing as immigration attorneys and requesting sensitive information or upfront payments for legal services. The scams are particularly effective because people are anxious and confused about recent immigration law changes, making them desperate for help. To protect yourself, verify that anyone offering immigration legal services is a certified immigration attorney with a reputable background who provides a clear written contract outlining payment terms and case expectations.
nationaltoday.com · 2026-02-16
An 84-year-old woman fell victim to multiple financial scams and frauds perpetrated by accountants, family members, home health aides, and lawyers who exploited her declining memory and trusting nature, stealing thousands of dollars and attempting to gain control of her assets. Her daughter's firsthand account highlights the growing problem of elder financial abuse affecting seniors nationwide as the elderly population increases. Families should protect vulnerable loved ones by monitoring financial accounts, requiring dual signatures on checks, verifying credentials of hired professionals, and maintaining open communication about suspicious requests.
yahoo.com · 2026-02-16
# Romance Scam Summary The FBI is warning people about romance scams, particularly around Valentine's Day, where scammers create fake online identities to build trust and manipulate victims into sending money or sharing sensitive information. To protect yourself, be cautious about what you share online, verify a person's identity through image searches, move slowly in new relationships, and never send money to someone you've only met online. Red flags include people who seem too perfect, ask you to move communication off dating apps quickly, isolate you from friends and family, or constantly make excuses to avoid meeting in person.
fortune.com · 2026-02-15
# Romance Scams: A $16 Billion Crisis Romance scams have cost victims billions of dollars by exploiting emotional connections and trust. Scammers typically pose as romantic interests or trusted acquaintances, gradually building relationships before requesting money or accessing bank accounts under false pretenses—such as Kate Kleinert losing her life savings after being manipulated through a fake friendship, and Beth Hyland nearly transferring large sums after believing she was helping a romantic interest. To protect yourself, be suspicious of online relationships that quickly become intimate, never share banking credentials with anyone, verify claims through independent channels, and remember that scammers often use emotional manipulation and urgency to override your judgment.
abcnews.go.com · 2026-02-15
Amazon is warning customers about a surge in holiday scams, including fake order confirmations and phishing websites that trick people into sharing credit card numbers and personal information. The Federal Trade Commission has received over 3 million impersonation scam reports since 2018, resulting in more than $6 billion in consumer losses. To stay safe, customers should verify orders through their official Amazon account rather than clicking links or calling numbers in unsolicited messages, and should be cautious of emotional manipulation tactics used by scammers.
cbsnews.com · 2026-02-15
Scammers are increasingly using artificial intelligence to clone the voices of loved ones in phone scams, as demonstrated when a CBS News anchor received a call appearing to be from her daughter demanding ransom money. These AI-powered voice scams are becoming more common and accessible, as inexpensive apps readily available online allow criminals to spoof phone numbers and create convincing voice replicas without requiring technical expertise. Experts recommend that people verify unexpected calls asking for money by hanging up and calling their loved ones directly through known contact information, and staying informed about these evolving tactics.
nbclosangeles.com · 2026-02-15
Scammers are increasingly using AI-generated images, videos, and voice messages to create fake romantic connections on dating apps and social media, then convincing victims to send money or invest in fake cryptocurrency schemes—with one Orange County woman losing nearly $100,000. These "romance scams" and "pig butchering" schemes have stolen billions of dollars by exploiting people's desire for connection, especially around Valentine's Day. To protect yourself, be wary of unsolicited romantic contacts, especially those quickly escalating to requests for money or cryptocurrency investments, and verify new connections through video calls or in-person meetings before sharing any financial information.
wvua23.com · 2026-02-15
Online romance scams target lonely people of all ages by building emotional trust through fake personas before requesting money for supposed emergencies, with victims often losing thousands of dollars that are rarely recovered. The scammers—who may use stolen images or impersonate celebrities—exploit the emotional connection they've cultivated to manipulate victims into sending money repeatedly. If someone you've met online but never in person asks for money or gifts, that's a red flag to end contact immediately and report the situation to local authorities rather than continuing to send funds.
nationaltoday.com · 2026-02-15
Americans are losing billions of dollars to sophisticated romance and investment scams that primarily target elderly people over 60, with victims like Kate Kleinert, Beth Hyland, and Jackie Crenshaw losing their life savings after scammers build trust through thousands of messages and deepfaked video calls before exploiting them financially. The FBI logged $16.6 billion in total fraud losses in 2024—a 33% increase from the previous year—with crypto-related fraud jumping 66%, yet the actual toll is likely much higher due to underreporting caused by victim shame and disbelief. To protect yourself, be skeptical of unsolicited romantic advances online, avoid sharing personal financial information or making investments based on pressure from people you've only met digitally, and report suspected scams to authorities rather than hiding them out of embarrassment.
inkl.com · 2026-02-15
Seniors need to urgently audit their Social Security records due to 2026 security changes, including a mandatory transition from legacy login credentials to new federal systems by March 8th and rising "redirection" fraud targeting retirees. The article identifies five critical data points that require verification—including updating outdated login credentials, setting up two-factor authentication, and designating trusted individuals through the "Advance Designation" feature to prevent account lockouts, unexpected tax bills, or benefits being diverted to scammers. Experts advise all beneficiaries to log in immediately, update their account information with proper identification verification, and proactively designate authorized representatives before the deadline to avoid losing access to their accounts and benefits.
savingadvice.com · 2026-02-15
Social Security beneficiaries need to audit their accounts now due to 2026 security changes, including a mandatory transition from legacy login credentials to new federally-mandated systems by March 8th, or risk losing access to their accounts. Seniors should verify five critical data points in their records—including the new "Advance Designation" feature that lets them pre-select trusted individuals to manage benefits if incapacitated—to prevent fraud, locked accounts, and unexpected tax bills. Experts recommend logging in immediately to update credentials, enable two-factor authentication, and complete necessary profile updates before the deadline to avoid server crashes and protect against the spike in elder fraud targeting Social Security beneficiaries.
channelnewsasia.com · 2026-02-15
# Article Summary Singapore's insurance market has expanded to offer niche policies covering everything from cyber fraud protection to childhood illnesses and EV battery failures, driven by evolving consumer needs and technological innovation. The author's family lost S$200 to a phishing scam while booking travel insurance, prompting them to explore specialized coverage options like personal cyber insurance. To manage costs, Singapore's Monetary Authority recommends spending no more than 15 percent of income on insurance to keep coverage sustainable alongside other financial priorities.
vox.com · 2026-02-15
Romance scams cost Americans $3 billion last year and are becoming increasingly prevalent, with AI now enabling scammers to run multiple schemes simultaneously by removing language barriers and providing ready-made fake personas and conversation scripts. These "pig-butchering" scams involve fraudsters building trust with victims over time before extracting money, and criminals can now purchase complete scam toolkits on the dark web with AI-generated photos, deepfake videos, and automated translation tools. To protect yourself, be cautious of online romantic interests who quickly ask for money, verify identities through video calls, and report suspicious activity to authorities rather than sending funds to anyone you haven't met in person.
durhamregion.com · 2026-02-15
"Pig butchering" is a sophisticated romance scam targeting Canadians where fraudsters build fake romantic relationships over weeks or months before convincing victims to invest money in fraudulent cryptocurrency schemes. Scammers use AI chatbots, deepfakes, and fake investment returns to gain trust, allowing victims to cash out small profits before requesting larger investments—at which point they disappear with the money. To protect yourself, be wary of romantic connections that quickly turn to investment opportunities, especially cryptocurrency, and never send money to people you haven't met in person.
christianpost.com · 2026-02-14
Elderly people are increasingly targeted by text message scams ("smishing") that use urgent language and emotional manipulation to trick victims into revealing personal information or sending money, with scammers now using AI to make their deceptions more convincing. To protect yourself or elderly relatives, pause before responding to unexpected texts, never share personal information or act on urgent requests via text, verify requests through trusted contacts, and report suspicious messages to the FTC and your bank. The key is recognizing that legitimate organizations never demand immediate action or personal details through text messages.
wmur.com · 2026-02-14
# Romance Scam Warning Law enforcement in New Hampshire and the broader Northeast are warning residents about romance scams, which have cost over 700 victims approximately $20 million across Massachusetts, Maine, New Hampshire, and Rhode Island. Scammers typically target people seeking companionship—especially recent widows—by creating fake online personas, quickly professing love, and then requesting money for emergencies via gift cards or cryptocurrency. Authorities advise people to watch for red flags like refusals to video call or meet in person, and urge victims not to feel ashamed but to reach out to loved ones and law enforcement for help.
sfstandard.com · 2026-02-14
Romance scams in the Bay Area have exploded in 2025, with AI making these schemes faster and harder to detect—Northern California saw losses more than double to $43.3 million, with San Francisco alone experiencing a nearly 900% increase to $6.34 million. Scammers, often operating overseas, use dating apps, social media, and text messages to build trust with lonely or vulnerable victims before draining their savings in schemes known as "pig butchering." The FBI advises people to be cautious about online relationships, verify identities, and check for inconsistencies before sharing personal or financial information, especially with someone you've only met online.
finance.yahoo.com · 2026-02-14
# Crypto Scams Costing Americans Millions Americans are losing billions to rapidly growing crypto fraud schemes, with the Federal Trade Commission reporting significant losses last year from fake investment platforms and AI-generated impersonations. Two major scams include "pig butchering," where fraudsters build trust through dating apps or social media before convincing victims to invest in fake crypto opportunities and then disappearing with their money, and deepfake scams, where AI-generated videos impersonate celebrities and CEOs to promote fraudulent investments on social media platforms. To protect yourself, be wary of unsolicited investment pitches from online contacts, verify celebrity endorsements through official channels, and never invest based on video ads or messages from people you haven't met in person.
insidehalton.com · 2026-02-14
"Pig butchering" is an increasingly common romance scam targeting Canadians where fraudsters build trust with victims over weeks or months through dating apps and social media before convincing them to invest money in fake cryptocurrency opportunities. Scammers use sophisticated tactics like AI chatbots, deepfakes, and fake investment returns to make the schemes appear legitimate, eventually disappearing with victims' money once larger sums are invested. To protect yourself, be cautious of romantic connections that quickly turn to investment advice, verify investment opportunities independently, and never send money to online contacts you haven't met in person.
kjct8.com · 2026-02-14
Romance scammers are increasingly using artificial intelligence and coordinated networks to target people seeking love, especially around Valentine's Day and other holidays, often posing as potential partners before requesting money for cryptocurrency investments or other schemes. The scams are becoming harder to detect, with tactics including excessive emotional displays ("love bombing"), avoidance of in-person meetings, and targeting of older adults through dating apps and encrypted messaging platforms. To protect yourself, watch for red flags like reluctance to meet in person or appear on camera, and be skeptical of anyone pressuring you to send money or invest in cryptocurrency.
securitymagazine.com · 2026-02-14
# Valentine's Day Romance Scam Summary Over 630,000 organized cybercriminals are running industrial-scale romance scams targeting millions of Americans on dating apps, with U.S. losses exceeding $1.3 billion annually and individual victims losing an average of $10,000 to $50,000 (often their entire life savings). Unlike the small-time catfishers of the past, these are professional operations with shift workers, quotas, and specialized roles that use fake personas, cryptocurrency exchanges, and VPNs to launder stolen money. To protect yourself, be cautious of anyone you meet online who quickly professes affection, asks for money or financial information, or avoids video calls—and report suspected scams to the FTC and your dating app platform.
whio.com · 2026-02-14
# Romance Scam Summary Romance scams cost Americans over $1 billion in 2023, with scammers exploiting lonely individuals by building emotional connections online before requesting money for emergencies. One Ohio woman lost tens of thousands of dollars to a scammer posing as "Matthew" before realizing she'd been defrauded. Banks recommend never sending money to someone you haven't physically met and verified, and tellers are now trained to watch for signs of romance fraud.
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