Romance Scams news and trends

FTC: Investment Scams Top 25% Spike in 2024 Fraud Losses
Security & Fraud // March 10, 2025

New Federal Trade Commission (FTC) data shows consumers reporting more than $12.5 billion in fraud losses last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Bluesky Clouded by Scammers as Social Platform’s Popularity Grows
Social Commerce // December 22, 2024

Bluesky’s rising popularity in the social media space is not without growing pains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

SE Asia-Based Scam Groups Raked in $37 Billion in 2023
Fraud Attack // October 07, 2024

Scammers based in Southeast Asia took in up to $37 billion in 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Dating Apps Try to Woo Gen Z Women Amid Threats and Scams
Connected Economy // May 26, 2024

Dating apps have reportedly begun considering new features as younger women sour on their services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Interviews & Exclusives
Online Romance Scams Grow More Sophisticated With Deepfakes, Advanced Tech

February 13, 2024
In this era of connectivity, where virtual encounters often precede physical ones, online relationships have become a breeding ground for exploitation, with fraudsters capitalizing on the vulnerabilities of hopeful hearts for financial gain.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no […]

Pay.UK on Striking the Balance Between Fast and Friction in Stopping UK Fraud Epidemic

February 14, 2023
The U.K. has been experiencing a widespread payments fraud epidemic in recent years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Quick Reads
Romance Fraud Reports Increase 9% in UK

October 17, 2025
Payment service providers and online platforms have roles to play in combating romance fraud, the United Kingdom’s Financial Conduct Authority said Friday (Oct. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS […]

FTC: Investment Scams Top 25% Spike in 2024 Fraud Losses

March 10, 2025
New Federal Trade Commission (FTC) data shows consumers reporting more than $12.5 billion in fraud losses last year. Get the Full Story Complete the form to unlock this article and...

Bluesky Clouded by Scammers as Social Platform’s Popularity Grows

December 22, 2024
Bluesky’s rising popularity in the social media space is not without growing pains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

SE Asia-Based Scam Groups Raked in $37 Billion in 2023

October 07, 2024
Scammers based in Southeast Asia took in up to $37 billion in 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...