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Online Dating Scams

Thursday, February 17, 2022

romance-scam.jpg

 

Click the image above for a PDF infographic about Online Dating Scams from the ABA Foundation.

 

Online Dating Scams

Has an online love interest asked you for money? That's a scam.

Scammers know millions of people use online dating sites. They are there, too, hiding behind fake profiles.

Signs of a Scam

  • Professes love quickly. Claims to be overseas for business or military service.
  • Asks for money, and lures you off the dating site.
  • Claims to need money - for emergencies, hospital bills, or travel. Plans to visit, but can't because of an emergency.

Costliest Scam Reported to the FTC in 2020 → $304 million lost. 

From $75 million in 2016 to $304 million in 2020: reported money losses increased 4x since 2016. 

What to Do

  • Slow down - and talk to someone you trust. Don't let a scammer rush you.
  • Never transfer money from your bank account, buy gift cards, or wire money to an online love interest. You won't get it back.
  • Contact your bank right away if you think you've sent money to a scammer.
  • Report your experience to the online dating site and the Federal Trade Commission: ReportFraud.ftc.gov 

 

Learn more at ftc.gov/imposters

 

Federal Trade Commission logo 

American Bankers Association Foundation logo

 





Article by: Jessica Slaughter

Jessica Slaughter Image
Tags: Safety Tips


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Bank with Locals (8/29/22)Spotting A Romance Scam (3/17/22)Improving Credit Scores (8/10/21)How to Spot, Stop, & Report Government Imposter Scams (7/19/21)Phishing: Don't Take the Bait (7/13/21)Money Mule Scams (7/6/21)Imposter Scams: Say No, Keep Your Dough (6/28/21)Busting Homebuying Myths (3/15/21)Electronic Banking: Online Shopping Safety Tips (3/8/21)Protect Yourself from Coronavirus Scams (3/1/21)Bank Statement Security (2/24/21)Debit Card Safety Tips (12/21/20)How To Avoid Phishing Scams (12/1/20)Personal Information Precautions and Third Party Apps (11/6/20)5 ATM Safety Tips (10/20/20)4 Ways To Protect Your Passwords (9/22/20)SBA Streamlines PPP Forgiveness Application for Many PPP Borrowers (6/22/20)Is My Money Safe in the Bank During the Coronavirus Outbreak or Other Unexpected Situations? (4/3/20)8 Financial Tips for College Freshmen (9/26/19)Teacher Spotlight (9/20/19)Teacher Feature: Sarah Wages (9/13/19)Ashley County Teacher Spotlight (9/3/19)Ouachita Parish Back-to-School Edition (8/27/19)Teachers Impact Our Community (8/21/19)Hometown Heroes: Gage Selby and Tori Simmons (7/12/19)Hometown Heroes: Carolyn & Devin Chadwick (7/5/19)More New Faces at Century Next Bank (6/28/19)Century Next of Ashley County Welcomes New Employees (6/20/19)Introducing New Faces in our Century Next Family (6/14/19)Thank You For Being On The Journey Into The Next Century With Us! (6/4/19)The Heart | New Name. Same People. Same Priority. (2/7/19)Bank of Ruston Changes Name to Century Next Bank (2/1/19)BOR + FNBC | A Personal Story (1/29/19)How To Purchase A Home (8/15/18)Safe Deposit Box Etiquette (7/25/18)Bank of Ruston is Growing (5/22/18)Six Tips for Your Financial Spring Cleaning (5/15/18)Beneficial Ownership Requirements for Legal Entity Accounts (5/9/18)