With Valentine’s day fast approaching, federal and state authorities are cautioning the public to stay vigilant about romance scams, which reached a record of $304 million in losses reported to the federal government in 2020.
Romance scams, also known as confidence fraud, involve fraudsters preying upon victims who look for companionship on online dating apps and social networking sites. The goal of these scammers is to gain access to victims’ financial or personal identifying information, according to the FBI.
