Security News > 2021 > April > Love in a time of quarantine can be costly

Love in a time of quarantine can be costly
2021-04-23 16:28

According to the FTC, in 2016, $75 million was lost due to romance scams with 11,235 cases reported.

"Within just a four-year span, romance scam cases increased by 21,557 cases and $229 million more dollars were lost," the site said.

California had the highest number of romance scam cases in 2020 with over $120 million lost, according to Social Catfish.

The Virgin Islands had four romance scam cases with $41,000 lost.

U.S. Minor Outlying Islands had three romance scam cases with $35,000 lost.

American Samoa had one romance scam case with $500 lost, according to Social Catfish.


News URL

https://www.techrepublic.com/article/love-in-a-time-of-quarantine-can-be-costly/#ftag=RSS56d97e7