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Romance scams have cost us $300 million since 2020. According to the Federal Trade Commission, this number is higher than any other scam. Dating apps are now launching campaigns to educate their users. Not many people fall victim to romance scams. However, the losses in doing so can be enormous. According to data from the Global Anti-Scam Organization, the average loss from romance scams reported in 2022 was over $190,000. That’s up from $120,000 the year before. Many scammers target victims on online dating apps. That’s why Match Group, the parent company of Tinder, Match, Hinge and Plenty of Fish, launched a public awareness campaign. As you use these services, you’ll start seeing messages that point out common behaviors to watch out for. These tips include using the tools available in the app, such as verifying profiles with photos and looking for match verification checks. If you are giving investment advice, it is most likely a scam. One more tip: Scammers will strike a chord in your heart and seem desperate for your money. Asking for money should be a big red flag. Experts recommend keeping talking on the app for as long as possible. It’s a very big flag to look for to see for,” said Buddy Loomis, Head of Law Enforcement Operations at Match Group.Pulling you out of the app means they’re trying to transfer your conversations to another platform. If not, that’s another sign of a scam.Related Video: Woman Loses Hundreds of Thousands of Dollars in Romance Scams
Romance scams have cost us $300 million since 2020. According to the Federal Trade Commission, this number is higher than any other scam.
Dating apps are now launching campaigns to educate users.
Romance scams don’t victimize many people. However, the losses when this happens can be enormous.
According to data from the Global Anti-Scam Organization, the average loss from reported romance scams in 2022 was over $190,000. That’s up from $1.2 million a year earlier.
Many scammers target victims on online dating apps. That’s why Match Group, the parent company of Tinder, Match, Hinge and Plenty of Fish, launched a public awareness campaign.
As you use these services, you’ll start seeing messages pointing out common behaviors to watch out for.
These tips include using the tools available in the app, such as verifying profiles by photo and looking for match verification checks.
If the other party offers cryptocurrency or investment advice, it is most likely a scam.
One more tip: Scammers will strike a chord with you and seem desperate for your money. Asking for money should be a huge red flag.
Experts recommend keeping talking to potential dates on the app for as long as possible.
“You want to keep them on the app. You want to keep talking to them. It’s a very big flag to look for because it pulls you away from our app too soon,” said Buddy Loomis, head of law enforcement operations and investigations at Match Group.
Pulling you out of the app means they’re trying to transfer your conversations to another platform.
It’s also a sign of fraud if you only communicate via email or text message instead of video chat or phone.
Related video: Woman loses hundreds of thousands of dollars in romance scam
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