Posts Tagged: ‘verified’

The Latest Romance Scam

June 16, 2019 Posted by Pamela M

Scammers target online dating for money

 

Dating is difficult, especially if you are no longer in your twenties. Online dating is the way most relationships start these days, but it’s also a way in which daters can be scammed. People that have lost money through online dating schemes are often reluctant to report the fraud for several reasons: they are embarrassed, heartbroken, and think there is no chance of getting the money back.

Big Money

Scammers reply on their new partners being blinded by love, so they don’t ask many questions. Savvy people fall pretty to dating scams all the time, simply because the scammers are often very smart. That’s why online romance scams are the biggest form of fraud online. Marketwatch reports that online dating fraud has quadrupled over the past four years, going from $33 million to $143 million. The money is always sent through gift cards, wire transfers, cash apps or in bitcoins, so it is impossible to trace the scammer.

Getting Verified

The latest romance scam involves verification of your identity so that the other person feels safe. Some dating sites offer verification services, which can be a great help in weeding out the scammers. Many legitimate verification sites exist and are a great tool. Scammers have created sites similar to the real sites to trick people into giving information such as social security numbers.

How it Works

The scammer asks the other person to click on a link to a real verification site, such as BeenVerified. The link is to a third party site that steals information and uses it or sells it to other scammers.

Detecting a Money Scam

People looking for love online often have common factors that make them good targets. Scammers can pick up on those traits and move in for the kill. They include:

An Addictive personality. People with addictive personalities tend to get attached to other people quickly. If you have this type of behavior, be extra careful with strangers who profess their love right away.

Impulse-driven. If you act on impulse without thinking things through, you could be a big target for a romance scam.

Trusting. Trusting people isn’t a bad thing. But people who trust others immediately can be tricked into giving up money before they know the real story.

Middle-aged. Most scammers target people who are middle-aged. It may be that the daters have come out of a long term relationship and are lonely. Females are also the most targeted, although men can also be victims.

Protect Yourself

You can protect yourself from scams by meeting the person before giving any information. If you exchange phone numbers, use a reverse phone search to find out if the number is real. If the other person makes an excuse about his or her identity, don’t believe it. You should also be suspicious if s/he is out of the country for any reason, even if it’s for work. Lastly, never send money for any reason. Scammers can be persuasive, even threatening. If that happens, end communication immediately.