Romance Scams

Romance scams loss termed to have reached £10k on an average in UK

A report compiled by Barclays states that the amount of money lost in romance scams has reached an average of £10k in the UK in the last 6-8 months. This amount is what fraudsters earn on average, and the actual number might be much higher than what is estimated now. The survey also revealed that […]

Beware of Romance Scams on Valentines Day as it could reach $7 billion

Romance Scams on and after the Valentines Day 2023 are common. But can you imagine that the loss incurred through such scams is amounting to $5.9 billion? Moreover, the losses associated with the online romance scams occurring across the nation could be approximately $7 billion by 2025. The Bureau’s Internet Crime Complaint Center (IC3) issued […]

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