Canada: Romance scams are on the rise. Here’s how to avoid them - PressFrom - Canada

CanadaRomance scams are on the rise. Here’s how to avoid them

07:20  12 february  2019
07:20  12 february  2019 Source:

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Moser recounted how it all started for her. She got a phone call one morning not long after logging onto her computer to find a message that she had This news organization is withholding the name of that company because the complaints are unverified. So, what should people do to avoid being scammed?

Here are some things you should do to stay safe when you’re paying with a card or using an ATM. One way to avoid this scam is to use advanced technology of your own. If you have a smartphone, you can now download programs such as the Skimmer Scanner app , which allow you to detect if a card

Romance scams are on the rise. Here’s how to avoid them © RSMcLeod/iStock Editorial/Getty Images Romance scams are on the rise, says the Better Business Bureau.

If you’re looking for love this Valentine’s Day, don’t let a romance scam break your heart.

The Better Business Bureau says romance scams are on the rise, costing victims millions of dollars in Canada and the U.S.

The BBB says from 2015 to 2018, more than $1 billion in losses were recorded from victims of both sides of the border.

“What scammers are doing is going for where you are most vulnerable," Karla Davis from the Better Business Bureau of Mainland B.C. said. "They know people are out there searching for love.”

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Romance scams often begin on social media and online dating sites and involve a fraudster gaining the trust and affection of a victim only to eventually steal their money and personal information.

The BBB says con artists often create compelling back stories and fool victims into falling for someone who doesn’t even exist.

“If they are looking for you to come off that dating site and communicate personally through email or another message service, it’s a red flag,” Davis said.

“If you sense they are rushing the dating process as well, things are moving really fast, that’s a red flag as well because they are getting you to trust as quickly as possible and then they start asking you those money questions," she said. "If they are asking you for money, walk away.”

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Romance scammers often say they are in the building and construction industry and are engaged in projects outside the U. S . That makes it easier to avoid It also explains why romance scams are on the rise : It’ s a lucrative and easy crime to commit, and easier still to remain anonymous and beyond

Identify popular scams involving money. Just as scammers use common practices like fear and panic, they will also use the same scams over and over If you can learn what types of common scams are out there, it will be easier to identify them and avoid them . Scams can take place online, over the

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According to the Canadian Anti-Fraud Centre in 2018, the reported loss from romance scams was $24,949,073.04. Compare that to 2017, at $21,099,187.63.

Better Business Bureau tips to avoid romance scams:

Too hot to be true. Scammers offer up good-looking photos along with tales of financial success. Be honest with yourself about who would be genuinely interested. If they seem “too perfect,” your alarm bells should ring.

In a hurry to get off the site. Catfishers will try to quickly get you to move to communicating through email, messenger, or phone.

Moving fast. A catfisher will begin speaking of a future together and tell you they love you quickly. They often say they’ve never felt this way before.

Talk about trust. Catfishers will start manipulating you with talk about trust and how important it is. This will often be a first step to asking you for money.

'Romance fraud' costing victims £50m a year

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Here ' s how it works: Someone scrapes the description and photos of a legitimate condo or home listing from Realtor websites like Zillow and then pastes all of the details into An unsuspecting tourist clicks on the ad and emails the poster, who directs them to send a deposit. Victims send money via PayPal.

Don’t want to meet. Be wary of someone who always has an excuse to postpone meeting because they say they are travelling or live overseas or are in the military.

Suspect language. If the person you are communicating with claims to be from your hometown but has poor spelling or grammar, uses overly flowery language, or uses phrases that don’t make sense, that’s a red flag.

Hard-luck stories. Before moving on to asking you for money, the scammer may hint at financial troubles like having their heat cut off or car stolen, or they may share a sad story from their past (death of parents or spouse, etc.).

If you do end up falling victim to a romance scam and have shared financial information or sent money, the Canadian Anti-Fraud agency recommends reporting it to the financial institution you used, contacting police to file a report, and calling the Canadian Anti-fraud Centre and the BBB so it can be properly investigated.

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