Romance scams are a reality that affect thousands of people around the world every year. A recent report compiled by Barclays stated that the average amount of money lost in romance scams in the UK over the last 6-8 months was £10k, although the actual figure might be much higher. In the US, one in four adults have been targeted by romance scammers, with nearly 29% losing between $400 to $2000.
Scammers are constantly adapting their tactics to deceive potential victims, and the cost of living crisis, recession fears, and other factors have made it easier for them to do so. Most victims are aged between 51 to 69 and have either sent money from their savings or are relying on credit for their living expenses.
To avoid becoming a victim of romance scams, it is important to stay focused during conversations, not assume the person is safe, get a second opinion from friends, take your time, never reveal too much information on dating sites, never send money, and always meet in person. Poor grammar in conversations, an early and eager mentality, and a profile that seems too good to be true can all be signs of a scam.
In summary, romance scams are a growing concern for many and are something to be aware of. Signs of a scam may include poor grammar in conversations, an eager mentality, and a profile that appears to be too good to be true. To avoid becoming a victim, it is important to stay focused, get a second opinion, take your time, never reveal too much information, never send money, and always meet in person.