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in Romance Scams
regionillawarra.com.au
Former NSW Police detective Kylee Dennis was named a finalist in the Women Changing The World Awards for her business Two Face Investigations, which combats romance scams after her mother became a victim. Dennis will travel to London in April as a guest speaker to discuss how society's perception of romance scam victims must change, noting that romance scamming is a billion-dollar global operation perpetrated by organized crime syndicates, not targeting victims who are gullible but rather those facing sophisticated manipulation tactics.
fox23.com
According to the Better Business Bureau's 2024 Scam Tracker Risk Report, cryptocurrency investment scams top the list of riskiest frauds, with 80 percent of victims losing an average of $5,000 through fake exchanges and pressure tactics. The report identifies five major scam categories affecting consumers: employment scams (involving fake job offers and training fees), romance scams (targeting people in online relationships), online purchase scams (non-delivery of goods), and home improvement scams (particularly prevalent after severe weather, involving door-to-door solicitors who take payment without completing work).
moneycheck.com
An Arizona federal judge ordered crypto platform Debiex to pay $2.5 million in damages after the CFTC proved it operated a "pig butchering" romance scam, in which staff members created fake romantic relationships with victims on social media to convince them to invest in fraudulent crypto trading. Five victims lost approximately $2.3 million total; the court also ruled against an accomplice "money mule" and ordered the transfer of nearly 63 ETH and $5.70 USDT from his wallet to a victim. The case demonstrates how scammers exploit trust-building tactics and cryptocurrency platforms to defraud vulnerable individuals.
newstalkzb.co.nz
Actor Martin Henderson warned his 1.2 million Instagram followers to ignore fake accounts impersonating him after romance scammers fleece fans out of hundreds of thousands of dollars by posing as him and requesting money for flights, medical treatments, and legal fees. At least seven victims have come forward reporting losses ranging from $160,000 to $375,000, with scammers even attempting secondary scams posing as private investigators after the initial romance fraud was exposed. Henderson emphasized he has only one official Instagram account and urged people to be cautious as scammers become increasingly sophisticated with AI and deepfake technology.
blockonomi.com
The CFTC secured a $2.5 million judgment against crypto platform Debiex for operating a "pig butchering" romance scam, in which scammers posed as successful female traders to defraud five victims of approximately $2.3 million. Federal Judge Douglas Rayes granted summary judgment after Debiex failed to respond to the lawsuit and ordered the platform to return about $2.26 million in stolen funds plus nearly $221,500 in civil penalties. The court also identified Zhāng Chéng Yáng as a "money mule" and ordered cryptocurrency assets from his OKX wallet to be returned to one victim.
businesstoday.com.my
Standard Chartered Bank launched a revamped savings account for customers aged 55 and above that includes complimentary digital scam insurance (covering up to S$50,000 from phishing and malware scams) for the first year and higher tiered interest rates. The insurance, underwritten by MSIG, does not cover authorized payment scams such as love scams, investment scams, or impersonation scams, but will cover legal costs if account holders pursue action against scammers. The bank also increased interest rates on the account, with the maximum effective rate rising to 2.37 percent annually for balances of S$5 million.
channelnewsasia.com
Standard Chartered Bank launched an updated MyWay savings account for seniors aged 55 and above, featuring complimentary digital scam insurance for the first year that covers up to S$50,000 in losses from phishing and malware attacks, along with higher tiered interest rates on account balances. The insurance, underwritten by MSIG, excludes authorized payment scams such as love scams and investment scams where customers willingly transfer funds, and requires customers to maintain device security and report incidents to the bank within 7 days to be eligible for claims.
pahomepage.com
A 70-year-old woman in Milesburg, Pennsylvania lost approximately $11,000 to a romance scam perpetrated over two to three years, during which she sent gift cards and checks to someone she believed was a romantic companion. Pennsylvania State Police are investigating the case. The FBI recommends protecting yourself from romance scams by being cautious about online information sharing, verifying photos and profiles, moving slowly in relationships, and never sending money to people you've only met online.
yahoo.com
A 70-year-old woman from Milesburg, Pennsylvania lost approximately $11,000 over two to three years in a romance scam involving gift cards and checks sent to someone she believed was a romantic companion. Pennsylvania State Police are investigating the case, which highlights the importance of verifying online profiles, being cautious of individuals who avoid in-person meetings, and never sending money to people met only online or by phone.
nzherald.co.nz
Romance scammers impersonated New Zealand actor Martin Henderson across dozens of fake social media accounts, defrauding his fans of hundreds of thousands of dollars by posing as him and claiming he needed money for flights, medical treatment, and legal fees. At least seven victims came forward, including a woman who lost $375,000 believing she was in a relationship with Henderson; scammers continued pursuing victims with follow-up scams even after the romance scheme was exposed. Henderson publicly warned his 1.2 million Instagram followers that he has only one official account and urged them to ignore all impersonators, expressing concern that deepfake technology could make future scams even more convincing.
newsroom.co.nz
The Fraud Film Festival, running in Wellington since 2016, brings together fraud prevention professionals to screen documentaries exploring various types of fraud and deception. A 2023 BNZ survey found that 87 percent of New Zealanders were targeted by scams in the previous 12 months, with New Zealand losing approximately $200 million to fraud annually. Key fraud concerns in New Zealand include cryptocurrency investment scams, fake retail websites, and "pig butchering" romance scams originating from Southeast Asia, where perpetrators are often victims of human trafficking forced to conduct the schemes.
cnbc.com
In 2024, consumers lost $5.7 billion to investment scams—the highest amount for any fraud type and a 24% increase from 2023—with the typical victim losing over $9,000, according to FTC data. Common schemes include "pig-butchering" scams where fraudsters build trust through relationships before pitching high-return investments in cryptocurrency, often using AI-generated deepfakes and operating from organized crime centers in Southeast Asia. Consumers can reduce their risk by being skeptical of pitches with urgency, unusual payment methods (especially cryptocurrency), and attempts to isolate them from telling others.
hackaday.com
A researcher analyzed romance scam emails using technical investigation methods, tracing stolen Facebook photos and fake profiles back to Russian-based scammers operating on monthly cycles. The scam targets vulnerable individuals by establishing fake romantic relationships and eventually requesting money transfers for fabricated emergencies or relocation assistance. The analysis revealed that while scammers use hacked email accounts and VPNs to hide their location, they often leave clues in image metadata and occasionally fail to activate VPN protection, underscoring that human awareness and critical thinking—rather than technological solutions—remain the most effective defenses against these schemes.
theguardian.com
Richard Robinson, a serial romance fraudster who operated under the alias "Gary Rogers," conned 68-year-old Yvonne and at least one other woman out of more than £210,000 between 2017 and 2018 by posing as a wealthy, charming motor dealer. After being sentenced to 10 years in prison in July 2020, Robinson was released after serving just four years, prompting Yvonne to flee the UK due to fear for her safety, having lost over £115,000 and suffered physical violence including attempted strangulation. The case illustrates the growing threat of romance fraud in the UK, which increased 27% between
yahoo.com
Aurora Phelps, 43, faces a 21-count federal indictment for wire fraud, mail fraud, bank fraud, identity theft, and kidnapping resulting in death related to alleged "romance scams" targeting older men, as well as state charges in Benton County for a 2019 incident involving drugging a woman and fraudulently using her credit card to make over $5,000 in unauthorized charges. Phelps was arrested and imprisoned in Guadalajara, Mexico, and her trial has been repeatedly delayed since August 2023, with her next scheduled appearance set for August 13, 2025, pending her return to the United States. The case represents a pattern of
rcmp.ca
Canadian fraud and cybercrime losses exceeded $638 million in 2024, a significant increase from $578 million in 2023, with investment scams accounting for $311 million of losses, according to the Canadian Anti-fraud Centre. Beyond financial damage, victims report severe emotional and psychological harm including feelings of betrayal, shame, anxiety, and depression, which can be compounded by victim-blaming from others. Experts emphasize that fraud's impact extends across all demographics and fraud types, and that supportive responses from those victims confide in are critical to their healing.
cryptoninjas.net
A 29-year-old San Francisco man was sentenced to 87 months in prison for using Bitcoin to launder earnings from selling MDMA on the dark web, converting cryptocurrency proceeds through multiple financial accounts to hide their illegal origins. His case was part of Operation Crypto Runner, a multi-agency federal initiative launched in November 2022 targeting cryptocurrency-based money laundering and financial crimes. The conviction reflects a broader law enforcement concern: cryptocurrency laundering exceeded $40 billion globally in 2024, with drug trafficking organizations increasingly exploiting digital assets' anonymity and ease of transfer, including international partnerships between Mexican cartels and Chinese money laundering networks.
dfpi.ca.gov
Romance scams, also known as relationship or confidence scams, are among the top five online scams in the U.S., resulting in over $650 million in losses in 2023. Scammers use fake profiles and emotional manipulation through dating apps, social media, and email to build trust before requesting money, personal information, or investments, with common tactics including impersonation ("catfishing"), long-term trust-building schemes, and platonic friendship scams. To protect yourself, avoid sharing personal information with unknown contacts, research and verify all information before making financial decisions, take time before acting on requests, and report suspected scams to authorities.
nbcboston.com
Daniele Gonsalves lost over $2,500 after meeting "David" on a dating app who posed as a wealthy cryptocurrency investor and convinced her to transfer money to a fraudulent trading platform. This scam tactic, known as "pig butchering," involves scammers building romantic trust with victims before encouraging them to invest in fake cryptocurrency schemes that ultimately disappear. Cybersecurity experts advise verifying the identity of anyone offering investment advice, never investing based on online-only relationships, and reporting suspected fraud to the FBI's Internet Crime Complaint Center.
winknews.com
An elderly Cape Coral woman fell victim to a romance scam in which she unknowingly acted as a "money mule," depositing fraudulent checks sent by a man claiming to be "Jeff Baker" and transferring over $250,000 through a bank account he convinced her to open. Cape Coral police are pursuing civil forfeiture to recover the funds, and authorities believe the suspect operates from outside the United States and may have additional victims in the area. Experts warn that romance scams are rising and recommend never sending money or depositing checks for people met online, being skeptical of quickly escalating relationships, and maintaining open family discussions about online interactions.
e.vnexpress.net
A 32-year-old Vietnamese man lost approximately US$196,348 to a romance scam after meeting a woman claiming to be a Singapore-based fund manager on an investment forum. The scammer built trust through romantic attention and personal connection before introducing him to a fake high-return investment scheme that showed false profits, then disappeared when he attempted to withdraw funds. The victim's case illustrates how romance scammers use fabricated identities and emotional manipulation to overcome victims' financial judgment, and serves as a cautionary warning against sending money to online contacts never met in person.
mininggazette.com
The Michigan State Police urge residents to recognize and avoid common scams transmitted through phone calls, text messages, and social media, including romance scams that manipulate victims into sending money through fake emergencies, tech support scams offering fake virus solutions, and toll payment scams. Key warning signs include unsolicited contact, artificial urgency, unusual payment demands (cryptocurrency or gift cards), and requests for personal or financial information. Authorities recommend trusting instincts, consulting trusted contacts or law enforcement if something seems suspicious, and not feeling ashamed to report suspected fraud.
discoverairdrie.com
Investment fraud is rising among younger Canadians for the first time, with scammers using social media to target victims with promises of quick returns on little risk. Canadians reported $310 million in investment fraud losses in 2024, though authorities believe the actual figure is much higher due to underreporting, with common tactics including spear phishing and romance scams. Experts attribute the surge to increasing sophistication of fraud schemes and victims' reluctance to report due to embarrassment, urging those affected to contact provincial securities regulators, local police, or the Canadian Anti-Fraud Centre.
ca.style.yahoo.com
Canadians lost $638 million to scams in 2024, with impersonation and investment fraud being the costliest types, as fraudsters increasingly use sophisticated technology including AI to create convincing deepfakes and pose as legitimate organizations or celebrities. The Canadian Anti-Fraud Centre reports that while fewer cases were processed in 2024 compared to 2023, authorities estimate 90-95% of fraud cases go unreported, and recommend Canadians verify unexpected calls or messages and be aware of red flags such as requests for personal information or unsolicited payment demands. Key prevention strategies include trusting instincts, questioning suspicious communications, and educating seniors about evolving scam tactics.
mastercard.com
U.S. consumers lost over $12.5 billion to fraud in 2024, a 25% increase from 2023, with investor scams causing the most financial damage ($5.7 million) while imposter scams remain most frequently reported, according to the FTC. Cybercriminals increasingly exploit human emotions through social engineering tactics via email, phone, and text, using sophisticated tools like deepfakes and generative AI to create convincing false identities and communications. The article emphasizes that even trained employees can be deceived, citing a $25.6 million loss by a Hong Kong financial firm whose employee was tricked by a computer-generated deepfake video conference
cnet.com
Digital payment apps like Zelle, Venmo, Cash App, and PayPal are increasingly exploited by scammers, with customers at three banks losing over $870 million to Zelle fraud since 2017 according to a CFPB lawsuit. Common scams include cash flipping schemes, phishing expeditions, fake item sales, counterfeit tickets, software glitch fraud, and security deposit schemes, all of which exploit the irreversible nature of digital transfers. Users should verify requests through official channels, never pay sight unseen, and avoid clicking links in unsolicited emails to protect themselves from these threats.
bai.org
Financial institutions must implement transaction monitoring systems and staff training to combat elder financial exploitation, which totaled $27 billion in 155,415 suspicious activity reports between June 2022 and June 2023. The most common exploiters are known individuals—relatives or caregivers—who may have legal access to accounts and use manipulation or coercion, though romantic scams and government impersonation schemes targeting the elderly are also on the rise. Banks and credit unions must balance sensitive customer interactions with regulatory reporting requirements under the Bank Secrecy Act to identify and report suspicious transactions that may indicate elder abuse.
newsbreak.com
A 77-year-old woman lost $130,000 of her life savings to a lottery scam operated by Darien Deventon Smith and Sheniece Elaine Smith of Connecticut, who convinced her in March 2024 that she had won a jackpot and car but needed to pay various "taxes" and "processing fees" to claim the prize. Over months of manipulation, the victim opened multiple bank accounts and purchased money orders at the scammers' direction before becoming suspicious and contacting authorities; both suspects were arrested in February 2025 and face charges of obtaining money by false pretenses and conspiracy to commit a felony.
hola.com
A 63-year-old woman from Los Angeles, Guadalupe Cepeda, was defrauded of over $3,000 by a scammer impersonating Latin pop star Enrique Iglesias through a fan group on social media. Over two years, the impostor used romantic manipulation and convinced her to send money via gift cards before her family traced the scammer to Nigeria. The real Enrique Iglesias responded by warning fans to only connect with verified accounts and cautioning against celebrity impersonation scams.
wcnc.com
Financial grooming scams, where fraudsters build trust with victims over time before exploiting them financially, are on the rise according to the Better Business Bureau's 2024 report. These scams affect people of all ages and include cryptocurrency schemes, romance scams, and employment fraud, with investment and cryptocurrency scams being particularly risky—over 80% of targeted individuals reported financial losses. The BBB recommends protecting yourself by being cautious of unsolicited contact from strangers, avoiding sharing personal information on social media, using credit cards for online purchases, and ignoring suspicious links and messages.
cleveland.com
A retired IT professional in northeast Ohio, known as "Eastside Eddie," combats robocall and text scams by posing as a victim to waste scammers' time and expose their tactics on YouTube and in community educational classes. Cuyahoga County residents lost over $3.4 million to various scams last year, with two victims losing their homes, prompting both Eddie's vigilante efforts and an official county awareness campaign highlighting common schemes (romance, grandparent, company/government, and lottery scams) and warning signs like requests for gift cards, cryptocurrency, or remote computer access.
azfamily.com
A man in his 90s fell victim to a romance scam that began on WhatsApp, with scammers posing as a romantic interest and subsequently soliciting money for purported investment opportunities. According to the Federal Trade Commission, fraud losses totaled $12.5 billion in 2024, with "pig butchering" investment scams accounting for $5.7 billion of that total. The article provides guidance on how family members can help victims by approaching with empathy rather than criticism, validating their feelings, and using trusted sources to demonstrate the scam patterns.
cyberdaily.au
Australia's reported scam losses dropped 25.9% to $2 billion in 2024, with investment scams accounting for $945 million of losses, followed by romance, payment redirection, remote access, and phishing scams. However, experts warn the reported figures likely underrepresent the true impact, as many victims fail to report scams due to shame and embarrassment, with romance baiting scams being particularly devastating when combined with fake cryptocurrency platforms.
woai.iheart.com
Romance scammers target lonely Americans, particularly older individuals, through dating websites and services, exploiting emotional vulnerability to steal money and personal financial information. Cases range from online deception to in-person schemes where perpetrators drug victims to gain unauthorized access to bank accounts, with some victims losing their life savings. Experts note that the prevalence of romance fraud is increasing as more scammers enter the field, making online daters statistically likely to encounter fraudulent actors.
dorsetecho.co.uk
Dorset Police have issued guidance on romance fraud and dating scams, which involve criminals building trust with victims over time to manipulate them into sending money through emotional appeals (such as claims of medical emergencies or travel costs). Officers conduct safeguarding visits to fraud victims to prevent repeat victimization, and police emphasize that scammers deliberately target vulnerable individuals using manipulative language to exploit them.
barchart.com
Online dating platforms face escalating risks from AI-driven romance scams and deepfake deception, with over half of online daters reporting being scammed or pressured to send money, and celebrity impersonation scams averaging nearly $2,000 in losses. LatamDate.com recommends safety practices including keeping conversations on-platform, using video verification features early, protecting personal information, and avoiding financial transactions in favor of secure in-app gifting features to help users distinguish authentic connections from sophisticated digital fraud.
education.economictimes.indiatimes.com
This educational article provides women with ten cybersecurity tips to protect themselves against digital scams, including avoiding fraudulent job offers, being cautious on social media, using strong passwords and two-factor authentication, recognizing phishing attempts, avoiding romance scams, securing devices with passwords, and shopping safely online. The piece emphasizes that women across all professions—from homemakers to CEOs—face sophisticated digital threats and that digital vigilance, not just tech-savviness, is essential to safely navigate the online world.
army.mil
This article educates military parents about cyberbullying threats facing their children, noting that nearly half of U.S. teens ages 13-17 experience it. Cyberbullying—which includes online harassment, impersonation, surveillance, and threats—is a criminal offense in most states, yet approximately 81% of youth underestimate its severity. Parents are advised to maintain open communication, create safe spaces for children to report incidents, and educate themselves on state-specific cyberbullying laws and support resources.
securityweek.com
In 2024, consumers filed 2.6 million fraud reports totaling over $12.5 billion in losses—a $2 billion increase from 2023—with investment scams ($5.7 billion) and imposter scams like romance and government fraud ($2.95 billion) being the largest loss categories, according to FTC data. The majority of scammers contacted victims via email, followed by phone calls and text messages, while bank transfers and cryptocurrency were the most common payment methods used in fraudulent transactions. The FTC is actively pursuing enforcement actions and refunding victims, including sending over 736,000 PayPal payments to consumers scammed by computer repair service companies.
luxtimes.lu
This is an educational piece providing advice on protecting oneself from online scams. The expert outlines common scam types—including phishing emails, fake websites, investment schemes, romance scams, tech support scams, lottery scams, and job scams—and recommends protective practices such as being cautious with personal information, verifying requests directly with service providers, using strong passwords, and remaining skeptical of unexpected messages. The key message is that staying informed and vigilant about evolving fraud tactics significantly reduces the risk of falling victim to online fraud.
news24.com
Gen Z and Gen Alpha are surprisingly twice as likely to fall victim to online scams, phishing, and social media account hacks compared to baby boomers, despite being digital natives. In the workplace, younger employees prioritize cybersecurity on personal devices over work-issued ones, creating organizational vulnerabilities, while older workers demonstrate greater caution and compliance with security protocols. The research suggests that younger generations' overconfidence in their digital skills and comfort with online sharing leaves them more exposed to cyber threats than older, more security-conscious populations.
pymnts.com
In 2024, the FTC received 2.6 million fraud reports (stable compared to 2023), but the percentage of victims who lost money increased significantly from 27% to 38%, representing a 25% overall increase in reported losses. Investment scams led all categories with $5.7 billion in losses (up 24%), followed by imposter scams at $2.95 billion, with government imposter scams alone reaching $789 million; consumers increasingly paid scammers via bank transfers and cryptocurrency.
yahoo.com
Katie Powell, a single mother from Portland, Oregon, was scammed out of $40,000 by a romance scammer posing as a civil engineer on Tinder who used Photoshopped images and emotional manipulation to gain her trust over several months. The scammer eventually convinced Powell to send money by claiming financial hardship and hospitalization, and later deposited $750,000 into her Vanguard retirement account—funds that were frozen and disappeared when the scheme unraveled. Romance scams targeting vulnerable individuals are increasingly common on dating apps, with approximately 70,000 people reporting such fraud to the FTC in 2022, and experts note that one in ten
yahoo.com
This educational article provides seven key safety recommendations to protect against romance scams. The advice focuses on recognizing red flags in online relationships and safeguarding personal finances from scammers who build emotional connections to exploit victims' trust and money.
ottumwaradio.com
In 2024, scams cost Iowa consumers over $50 million across nearly 14,000 reported fraud cases, with a median loss of $400 per victim. Seniors aged 80 and older, though representing a small number of victims, suffered the largest average losses at approximately $2,000 each, with investment schemes ($20 million) and romance scams ($8 million) accounting for the costliest fraud categories. The most frequently reported scams involved business/government impersonation, online shopping fraud, and prize/sweepstakes schemes.
riponadvance.com
Senator Marsha Blackburn introduced the Romance Scam Prevention Act (S. 841) to combat romance scams that target senior citizens, particularly widowed and divorced individuals seeking connections on dating apps. According to the FTC, romance scams caused victims to lose $1.3 billion in 2022. The proposed legislation would require dating app providers to notify users when they have interacted with someone whose account was removed for fraud, aiming to protect vulnerable seniors from financial exploitation.
aarp.org
A 73-year-old woman in the Pacific Northwest lost $300,000 to an elaborate computer help desk scam in which criminals impersonating tech workers, investment officers, and a U.S. marshal convinced her over weeks of lengthy phone calls that her investment account had been hacked and instructed her to liquidate funds and purchase gold to "protect" her money. The scam devastated her entire family, eliminating her retirement savings and funds earmarked for her children's down payments and grandchildren's education, and may force her to sell her home to cover resulting tax debt. The case illustrates how scam victims' family members become "secondary victims" experiencing emotional, financial, and care
wbbjtv.com
The Better Business Bureau's 2024 Scam Tracker Report identified investment and cryptocurrency scams as the top fraud type, with over 80% of victims losing money (median loss of $5,000) through financial grooming tactics. Other prevalent scams included employment scams (14% of reports), romance scams (highest median losses), and online shopping scams (30% of reports), with seniors aged 65+ losing the most money on average ($160) despite being least likely to fall victim. Publishers Clearing House, USPS, PayPal, and Amazon were the most commonly impersonated organizations in reported scams.
dfpi.ca.gov
California's Department of Financial Protection and Innovation (DFPI) shut down over 26 crypto scam websites in 2024 through its Crypto Scam Tracker and partnership with the state DOJ, uncovering $4.6 million in consumer losses across 2,668 complaints. The agency identified seven new scam types including bitcoin mining, crypto gaming, and crypto job scams, and increased its posted alerts to 303 while receiving over 400,000 unique visitors to the tracker. Authorities urge consumers to report suspected scams immediately, verify website domains, and avoid sending money to unknown contacts, as scammers employ increasingly sophisticated deception and emotional manipulation tactics.
nypost.com
Katie Powell, a single mother from Portland, Oregon, was scammed out of $40,000 by a romance scammer on Tinder who posed as a civil engineer working in Turkey. The scammer used fabricated photos (including a Photoshopped image of MLB pitcher Phil Hughes) and months of intensive communication to build trust before requesting money for medical emergencies, eventually moving $750,000 into her Vanguard retirement account before the funds disappeared. The article highlights that romance scams are increasingly prevalent on dating apps, with approximately 70,000 people targeted in 2022 alone, often using AI-generated fake profiles, and affecting vulnerable individuals seeking companionship.