Romance Scam Losses Reached Record High Last Year

>>Romance Scam Losses Reached Record High Last Year

(Undated) -- Romance scams are reaching a new high. Last year saw a record of losses to the scams, nearly 550-million dollars according to the FTC. Over one-billion dollars has been lost on them in the past five years alone. The agency says romance scammers lure people in using pictures stolen off the internet, building believable personas but finding ways out of meeting in person. Losses in 2021 saw almost an 80-percent increase compared to 2020.


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