Remove FBI Remove Federal Trade Commission Remove Romance Scams
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The Coronavirus And The Fizzle Of Barren Store Shelves

PYMNTS

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 has broadened to examine acquisitions.

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Love: There’s An App For That

PYMNTS

Romance scams — according to various data streams, including the FBI and Federal Trade Commission — have become an increasingly favored tactic among scammers and fraudsters looking to take advantage of the unwitting. In addition, niche dating sites can be a magnet for fraudsters and catfishers.