A data review by Arkose Labs found human-driving online fraud on dating websites and social media was up a sharp 82 percent in the last half of The online-fraud prevention site found that at least every two in five login attempts and about 20 percent of new account registrations were fraudulent making this one of the highest rates of cyberattack in any industry. Keep reading: Nigerian 'romance' scammers, charged in online dating scheme, caught in Norman, Dallas. Arkose reports are often run by carried out by low-paid workers in sweatshop-style organizations. For the study, Arkose looked at user sessions and attack patterns from October through December More: Single and ready to mingle?
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Is Online Dating Dangerous in the Age of Tinder and Bumble?
What You Need to Know About Romance Scams | FTC Consumer Information
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Scams cheat older Americans out of almost $3 billion a year. Here's what to watch for
By Martin Robinson. Dating scams where vulnerable people looking for love have been ripped off has helped fraud surge by 27 per cent in the past year, crime figures released today have revealed. Experts have warned that more criminals are using websites to spark romances with strangers and then ask them for money. The racket has developed along with fake online auctions where web-users attempt to buy products online but are never sent their goods.
Oftentimes, the con artists convince their marks to open bank accounts under the guise of sending or receiving funds. The story may be spun further, and the scammer will ultimately convince the victim to open the account in their name or register a limited liability company and allow money transfers to flow into the account. In reality, however, the fraudsters transfer stolen money into the account and instruct their unsuspecting crime accomplices into forwarding the money to accounts controlled by the fraudsters.