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05-Jan-2018 01:28

Spotting Discrepancies Reading or Listening Between the Lines Beware Speed Community Q&A Online dating scams are rife. You do not have to be rich and you do not have to be stupid.You just have to be looking for love, a search that causes you to be more vulnerable than usual.A recent study indicates that up to 10 percent of Americans use online dating websites or mobile applications.As the number of people looking to meet new people online grows, so does the opportunity for fraud.Nancy*, a 47-year-old single mother from North Yorkshire was conned out of over £350,000 that way: “I wasn't comfortable, and then I got so far in I couldn't get myself out, and I didn't want to walk away having lost £50,000 or what-have-you, so you keep going in the hope that you're wrong and this person is genuine,” she explained to the BBC.Nancy is now facing bankruptcy, and although her case is extreme, the average victim of online dating fraud loses £10,000 according to Action Fraud.“A lot of the online dating fraudsters we know are abroad.

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Trolling for victims online “is like throwing a fishing line,” said Special Agent Christine Beining, a veteran financial fraud investigator in the FBI’s Houston Division who has seen a substantial increase in the number of romance scam cases.A new report by the National Fraud Intelligence Bureau has found that last year, singles were conned out of £39 million by fraudsters they’d met on dating sites and apps.