Avoid dating scammers

According to the FBI, romance scams and similar confidence scams cost consumers more money than any other kind of Internet fraud.In 2015, the last year for which data is available, consumers lost more than 0 million this way.“There was one woman who got scammed for over a million dollars, her whole retirement nest egg,” says Farquhar.The CR survey found that 35 percent of respondents who’ve tried online dating felt they had been grossly misled by someone’s online profile, and 12 percent said they’d been scammed.Interrogate the backstory: A little online stalking can go a long way.Type the name of the person you met online into Google or Bing and see what comes up.

While the case was remarkable for its magnitude, when it comes to so-called “romance scams,” it still represents just the tip of the iceberg.So it's up to you to determine how truthful a person is being in their profile.To recognize and avoid romance scams, follow these tips.“That big investment gives victims a false sense that the relationship must be real.” Eventually a pitch for money comes.Often the scammer will say an emergency situation has arisen and money is needed fast to avoid dire consequences.