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Romance scams just ‘happen in life,’ says CEO of biggest dating app company in the US

1 min read
Romance scams just ‘happen in life,’ says CEO of biggest dating app company in the US

Photo caption: Only an estimated 7 percent of online romance fraud victims report the crime to authorities. Photo source: Depositphotos. Article by Andrew Paul. Popular Science – April 29, 2024.

Online romance scams netted con artists over $1.1 billion in 2023, with an average reported loss of around $2,000 per target. These victims who span age, gender, and demographics often aren’t only out of money — their time, emotions, and sometimes even physical safety can be on the line. […]