16 Feb 2021

Cybercrooks Rake in $304M in Romance Scams

Romance scams have been the most successful fraud method for cybercriminals, according to the Federal Trade Commission. In 2020, romance schemes swindled unsuspecting victims out of a record $304 million, up 50% from 2019. The scams spiked during the Covid-19 pandemic, with fraudsters taking advantage of loneliness during quarantine protocol.

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