privacysavvy

privacysavvy

Tuesday, April 30, 2024

Scam of the day – May 1, 2024 – New Twist to Romance Scams

I have been warning you about romance scams for many years.  Romance scams generally follow a familiar pattern with the scammers  establishing relationships with people, generally women, online through various legitimate dating websites and social med…
Read on blog or Reader
Site logo image Scamicide Read on blog or Reader

Scam of the day – May 1, 2024 – New Twist to Romance Scams

Steven Weisman, Esq.

April 30

I have been warning you about romance scams for many years.  Romance scams generally follow a familiar pattern with the scammers  establishing relationships with people, generally women, online through various legitimate dating websites and social media using fake names, locations and images.  The FBI has issued a warning about a new trend in romance scams in which the scammer tells his victim that he or she has inside knowledge about cryptocurrency investing and directs the victim to a phony website that purports to be a legitimate cryptocurrency trading site.  Not long after "investing" in the cryptocurrencies provided, the victim soon finds that there is no investment and that she or he has lost all of the invested money.  This scam originated in China in 2019 and is called sha zhu pan or pig butchering in English.  The name is derived from the practice of luring in victims, "fattening them up" by convincing them to continually "invest" more money and then stealing all of the money.

While anyone can be the victim of a romance scam, according to the FBI, the elderly, women and people who have been widowed are particular vulnerable.   Most romance scams are online and involve some variation of the person you meet through an online dating site or social media quickly falling in love with you and then, under a wide variety of pretenses, asking for money.  Since 2019 approximately half of the reported instances of the romance scam have started on social media, particularly Facebook and Instagram rather than on dating sites or dating apps according to the FTC.

A new development in romance scams is confirming my motto of "things aren't as bad as you think... they are far worse."  Recently a scam group called the "Yahoo Boys" based in Nigeria is using artificial intelligence to change their facial features in Zoom videos to appear to be the person they are posing as in the romance scam. They also can use AI to change their voice and accent to sound legitimate and while doing a video conference with a romance scammer in the past was a good way to see if the person was actually who they claimed to be, now scammers using this technology will be very difficult to recognize as scammers.

TIPS

There are various red flags to help you identify romance scams.  I describe many of them in detail in my book "The Truth About Avoiding Scams." The most important thing to remember is to always be skeptical of anyone who falls in love with you quickly online without ever meeting you and early into the relationship who then asks you to send money to assist them with a wide range of phony emergencies.

Here are a few other things to look for to help identify an online romance scam.  Often their profile picture is stolen from a modeling website on the Internet.  If the picture looks too professional and the person looks too much like a model, you should be wary. You also can check on the legitimacy of photographs or video images by seeing if they have been used elsewhere by doing a reverse image search using google.images.com or websites such as tineye.com.

Recently, the dating sites Match, Tinder, Hinge and Plenty of Fish started a new public awareness program to help people recognize romance scams.  One tip they give is to use the verification check on your matches to help confirm they are the person who appears in the profile photo.

If you are not a subscriber to Scamicide.com and would like to receive free daily emails with the Scam of the day, all you need to do is sign up for free using this link. https://scamicide.com/scam-of-the-day/

#romancescam

Scamicide © 2024. Manage your email settings or unsubscribe.

WordPress.com and Jetpack Logos

Get the Jetpack app

Subscribe, bookmark, and get real-time notifications - all from one app!

Download Jetpack on Google Play Download Jetpack from the App Store
WordPress.com Logo and Wordmark title=

Automattic, Inc. - 60 29th St. #343, San Francisco, CA 94110  

at April 30, 2024
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest

No comments:

Post a Comment

Newer Post Older Post Home
Subscribe to: Post Comments (Atom)

It's selfless.

Men, taking good care of your health is selfless. ͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ...

  • [New post] After Announcing a New CEO, is Lordstown Motors Worth Buying?
    Editorial Team posted: "To improve its market reputation and streamline its operations, on Aug. 26 electric vehicle (EV) ma...
  • [New post] Norwegian Black Metal Bands – Satanic or Psychotic?
    Dawn ...
  • [New post] Estrazioni Lotto di oggi martedì 30 novembre 2021
    Redazione News posted: "Seguite su Cyberludus.com la diretta delle estrazioni di Lotto, 10eLotto e Superenalotto di martedì...

Search This Blog

  • Home

About Me

privacysavvy
View my complete profile

Report Abuse

Blog Archive

  • February 2026 (7)
  • January 2026 (77)
  • December 2025 (79)
  • November 2025 (73)
  • October 2025 (88)
  • September 2025 (79)
  • August 2025 (71)
  • July 2025 (89)
  • June 2025 (78)
  • May 2025 (95)
  • April 2025 (85)
  • March 2025 (78)
  • February 2025 (31)
  • January 2025 (50)
  • December 2024 (39)
  • November 2024 (42)
  • October 2024 (54)
  • September 2024 (83)
  • August 2024 (2665)
  • July 2024 (3210)
  • June 2024 (2908)
  • May 2024 (3025)
  • April 2024 (3132)
  • March 2024 (3115)
  • February 2024 (2893)
  • January 2024 (3169)
  • December 2023 (3031)
  • November 2023 (3021)
  • October 2023 (2352)
  • September 2023 (1900)
  • August 2023 (2009)
  • July 2023 (1878)
  • June 2023 (1594)
  • May 2023 (1716)
  • April 2023 (1657)
  • March 2023 (1737)
  • February 2023 (1597)
  • January 2023 (1574)
  • December 2022 (1543)
  • November 2022 (1684)
  • October 2022 (1617)
  • September 2022 (1310)
  • August 2022 (1676)
  • July 2022 (1375)
  • June 2022 (1458)
  • May 2022 (1297)
  • April 2022 (1464)
  • March 2022 (1491)
  • February 2022 (1249)
  • January 2022 (1282)
  • December 2021 (1663)
  • November 2021 (3139)
  • October 2021 (3253)
  • September 2021 (3136)
  • August 2021 (732)
Powered by Blogger.