Online romance scams have become a growing concern as individuals looking for love on the internet are increasingly becoming victims of fraudulent activities. Shockingly, a staggering $1.3 billion was reported stolen in 2022 alone due to these scams. This alarming figure highlights the extent of the issue and the financial impact it has on unsuspecting individuals. It is crucial for people to be aware of the risks associated with online dating and take necessary precautions to protect themselves from falling victim to these scams.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinThe Ongoing Menace of Romance Scams: A Lucrative Target for Criminals