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A Better Business Bureau investigation determined that consumers have lost nearly

A Better Business Bureau investigation determined that consumers have lost nearly $1 billion to online dating scams in the past three years.The impact on victims can be financial and emotional, with some considering or actually committing suicide.According to the report, “Online Romance Scams: A Better Business Bureau Study on How Scammers Use Impersonation, Blackmail and Trickery to Steal from Unsuspecting Daters,” the primary platforms used for the scam are online dating sites.

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A Better Business Bureau investigation determined that consumers have lost nearly $1 billion to online dating scams in the past three years.

The impact on victims can be financial and emotional, with some considering or actually committing suicide.

According to the report, “Online Romance Scams: A Better Business Bureau Study on How Scammers Use Impersonation, Blackmail and Trickery to Steal from Unsuspecting Daters,” the primary platforms used for the scam are online dating sites.

billion to online dating scams in the past three years.The impact on victims can be financial and emotional, with some considering or actually committing suicide.According to the report, “Online Romance Scams: A Better Business Bureau Study on How Scammers Use Impersonation, Blackmail and Trickery to Steal from Unsuspecting Daters,” the primary platforms used for the scam are online dating sites.

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The FTC says overall less than 10 percent of victims report frauds.

The FBI says romance scams result in the highest amount of financial losses when compared to other online scams.

Scammers meet their victims on dating websites, dating apps, or social media; attempt to quickly move communication off the website to email or texting; and then spend months building a relationship before asking for money. Army Criminal Investigation Command receives hundreds of reports a month from people who got involved in an online relationship with someone they thought was in the military.

They start out with small amounts before requesting a large sum to deal with a medical emergency, buy a business, travel to meet the victim, or for some other reason. The scammers often portray themselves as members of the military, using pictures of soldiers killed in action or high ranking officers. In more serious cases, the victim may become an unwitting accomplice in money laundering or drug smuggling or be blackmailed in a sextortion scheme after agreeing to share compromising videos.

When her family became suspicious, they convinced her to stop the wire transfer.

She was able to put a hold on the wire transfer and recoup all but in gift cards.

Wednesday is Valentine’s Day and many people are ready for love, but for too many consumers, it may come with a hefty price tag and heartbreak.

A new study released by the BBB says more than one million Americans have fallen victim to “romance scams” over the past 3 years, with losses approaching

She was able to put a hold on the wire transfer and recoup all but $76 in gift cards.Wednesday is Valentine’s Day and many people are ready for love, but for too many consumers, it may come with a hefty price tag and heartbreak.A new study released by the BBB says more than one million Americans have fallen victim to “romance scams” over the past 3 years, with losses approaching $1 billion.The scammers will invest months trying to gain the trust of a potential victim before asking for money.In some cases, losses in a single scam can run into hundreds of thousands of dollars.The majority of the scammers are overseas crime rings operating out of West Africa, particularly Nigeria, and Russia and the Ukraine.

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She was able to put a hold on the wire transfer and recoup all but $76 in gift cards.

Wednesday is Valentine’s Day and many people are ready for love, but for too many consumers, it may come with a hefty price tag and heartbreak.

A new study released by the BBB says more than one million Americans have fallen victim to “romance scams” over the past 3 years, with losses approaching $1 billion.

The scammers will invest months trying to gain the trust of a potential victim before asking for money.

In some cases, losses in a single scam can run into hundreds of thousands of dollars.

The majority of the scammers are overseas crime rings operating out of West Africa, particularly Nigeria, and Russia and the Ukraine.

||

She was able to put a hold on the wire transfer and recoup all but $76 in gift cards.

Wednesday is Valentine’s Day and many people are ready for love, but for too many consumers, it may come with a hefty price tag and heartbreak.

A new study released by the BBB says more than one million Americans have fallen victim to “romance scams” over the past 3 years, with losses approaching $1 billion.

The scammers will invest months trying to gain the trust of a potential victim before asking for money.

billion.

The scammers will invest months trying to gain the trust of a potential victim before asking for money.

In some cases, losses in a single scam can run into hundreds of thousands of dollars.

The majority of the scammers are overseas crime rings operating out of West Africa, particularly Nigeria, and Russia and the Ukraine.

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