Email Compromise Federal Trade Commission Romance Scams 
PYMNTS
FEBRUARY 14, 2020
The Cost of Love: Broken hearts club: Consumers report losing more than $200 million to romance scams last year, as estimated by the FTC. B2B Targeted: The FBI reports that Business email compromise (BEC) scams are on the rise. That’s up 40 percent over 2018. An estimated $1.77
FICO
APRIL 29, 2022
Increasingly, the scams involve cryptocurrencies; The New York Times also recently investigating crypto romance scams in which victims are lured into paying criminals with fraudulent, and irrevocable, transfers into digital wallets. That is nearly twice as many reports as the agency received the previous year.
Expert insights. Personalized for you.
52 
Let's personalize your content