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Romance Scams Cost Victims $240 Million in 2022

2/25/2026

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Story summary
  • Romance scams affected nearly 70,000 people in 2022 with about $240 million in losses, mainly among older adults.
  • Scammers rely on social engineering, often claiming to be abroad or asking for cryptocurrency.
  • To reduce risk, verify online profiles, avoid sharing conversations off dating platforms, and never send money.
  • Law enforcement agencies, including Homeland Security Investigations (HSI), are working to combat these scams and assist victims.