Offbeat: 'Romance fraud' costing victims £50m a year - PressFrom - Australia
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Offbeat'Romance fraud' costing victims £50m a year

12:41  11 february  2019
12:41  11 february  2019 Source:   news.sky.com

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" Romance fraud " cost its victims more than £ 50 m last year , according to official figures. It happens when people are tricked into thinking they have found an ideal partner on a dating app, only to be scammed out of money once criminals have gained their trust. In some cases, fraudsters gain enough

The average age of a romance fraud victim is 50 and 63% of victims are women. Commander Karen Baxter, head of the City of London Police's economic crime department, said: "As cases of romance fraud increase each year , so too does the cost to victims , both emotionally and financially.

'Romance fraud' costing victims £50m a year© Getty Almost two-thirds of the victims of dating fraud are women

"Romance fraud" cost its victims more than £50m last year, according to official figures.

It happens when people are tricked into thinking they have found an ideal partner on a dating app, only to be scammed out of money once criminals have gained their trust.

In some cases, fraudsters gain enough information to steal their victims' identities.

According to Action Fraud the average loss per victim last year was £11,145 - an increase of more than a quarter on 2017.

'Romance fraud' costing victims £50m a year© Getty People are being tricked into thinking they have found the perfect partner

Almost two-thirds of victims were female, and the average age of those scammed was 50. On average, women lost twice as much as men.

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Victims of so-called " romance fraud " reported being scammed out of more than £ 50 m last year , and women were targeted more frequently – and severely – than men. According to new figures released by Action Fraud , the UK's national fraud reporting service, 63% of people who reported romance fraud

The average age of a romance fraud victim is 50 and 63% of victims are women. Commander Karen Baxter, head of the City of London Police's economic crime department, said: "As cases of romance fraud increase each year , so too does the cost to victims , both emotionally and financially.

More than 4,500 reports of romance fraud were made to Action Fraud, which is run by City of London Police and the National Fraud Intelligence Bureau.

More than 40% of victims said being a victim of it had affected their health and financial wellbeing.

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Action Fraud said the average loss per victim in 2018 was £ 11,145 - a 27% increase on the previous year .

Average age of victim was 50- years -old and more likely to be female. Don't be fooled: Victims of romance fraud are tricked into thinking they have met the perfect partner. Victims are often swept along by the idea of their next big romance and are heavily pressurized by crooks to part with their

Techniques used by fraudsters include pretending to be someone they are not, using fake photos, being reluctant to meet in person and inventing sob stories to explain why they need large sums of cash.

'Romance fraud' costing victims £50m a year© Getty

In one case, a woman lost about £10,000 to a man claiming to be in the army, who said he needed money to get a box of belongings returned to the UK.

After he had gained her trust by talking about getting married and buying a house together, she used a loan and her private pension to cover the money she sent.

She eventually became suspicious and contacted the Foreign Office, which confirmed it was a scam.

Katy Worobec, managing director of economic crime at UK Finance, said: "We are urging customers to be vigilant against romance scams and not let a fraudster fool you this Valentine's.

'Romance fraud' costing victims £50m a year© Getty

"Banks are always looking out for any suspicious transactions, but we need customers to be on guard against suspicious approaches too.

"Always be wary of any requests for money from someone you've never met in person."

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'Romance fraud' costing victims £50m a year

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