Romance scams thrive during the holidays

Romance scams thrive during the holidays

For many people, being alone during the holidays can be a painful experience. So, in their search for companionship, they may turn to dating apps or social media to try to find someone to share the holidays with. Romance scammers are counting on this as with many scams the holiday season is their most lucrative time of the year. With many people being in such a vulnerable emotional state, people from all sorts of educational and economic backgrounds can be potential victims of the scam. Not only could it leave them with a broken heart but potentially an empty bank account and possibly jail time.

Just in case you’re not familiar with romance scams, it’s where someone meets someone else online but never in real life. The new person in their life will start asking the victim for large amounts of money while professing their undying love for the victim. In too many instances, the victim is broke before they realize they’ve been scammed. Even worse, some victims continue to pay their scammers even though all evidence points to them being scammed. Some victims of the scam have paid their scammers hundreds of thousands of dollars while some others have embezzled from their employers to keep the money going to who they perceive as their online significant other.

The Better Business Bureau is warning consumers to be aware of these scams this holiday season. If you meet someone online and they claim to be interested in you, do a thorough web search to make sure they are who they claim to be. Use the picture they send you to do a reverse image search to make sure they haven’t been using in other scams. If their social media or dating profiles have missing information, that can be another red flag that they’re a scammer. Most importantly, if they ask for money while simultaneously giving you excuses as to why you can’t meet, that’s almost guaranteed to be a scam.

While the feeling of being wanted is always nice, it’s not worth ignoring the red flags that could lead to crippling financial damages.