Romance Scammers Have Stolen 1 3 Billion From Victims Over The Last Five Years
According to the US Federal Trade Commission (FTC), the amount of money conned out of people using romance scams has skyrocketed in recent years, hitting a record high of $547 million in 2021. That’s more than six times the reported losses in 2017 and an 80% increase compared to 2020. Victims lost a median average of $2,400 in 2021. That’s a lot of money, but it could have been even higher as those who fall for romance scams often feel too ashamed or embarrassed to report them....