By Aaron Task Romance is in the air with Valentine’s Day just around the corner. And in addition to chocolates and roses, you should be on the lookout for scammers who take advantage of the lonely and brokenhearted.
Americans reported losing $143 million in romance schemes in 2018 – more than they lost to any other type of fraud, according to the Federal Trade Commission (FTC). The median reported loss was $2,600. For people over 70, it was $10,000.
But even those figures are probably low. Because of the embarrassment factor, it’s estimated that only 15% of victims report these schemes.
In just one case last …read more
