Is it love? Maybe not, as romance scams proliferate
Is it love? Maybe not.The FTC announced this week that romance-related scams have surged recently and generated more losses than any other consumer fraud reported to the agency last year. The number of these romance scams reported to the agency jumped from 8,500 in 2015 to more than 21,000 in 2018. And the amount lost by victims has quadrupled over that period — reaching $143 million last year. The median reported loss for victims was $2,600, about […]
