February is all about love, but for scammers, it’s about taking advantage of vulnerable hearts and wallets. Romance fraud is on the rise, and it’s one of the most emotionally and financially devastating scams out there.

Whether you’re swiping on dating apps or connecting with someone new online, understanding how these scams work can protect you from falling victim. Let’s take a closer look at how romance scams happen, the warning signs to watch for, and how to protect yourself and your loved ones.

How Romance Scams Work

Romance scams typically start online, through dating apps, social media platforms, or even email. Scammers create fake profiles, often using stolen photos and made-up details to craft an irresistible persona. They may pose as a successful businessperson, military officer, or someone working overseas.

The scammer’s goal is to build trust quickly. They shower their victim with affection, share fabricated personal stories, and often claim they’re looking for a serious relationship. Once trust is established, the requests for money begin.

Some common stories include:

• “I’m stuck abroad and need money to return home.”
• “My business is facing a sudden emergency, and I need your help.”
• “I want to come visit you, but I can’t afford the travel expenses.”

Scammers are skilled at tugging at heartstrings and creating a sense of urgency, making their victims feel obligated to help.

Warning Signs of Romance Scams

If you’re connecting with someone new online, keep an eye out for these red flags:

• They avoid meeting in person or making video calls. Scammers often claim they’re in a remote location or too busy to meet.
• They profess love or strong feelings very quickly. Building trust and emotional attachment is a key part of their strategy.
• They ask for money. This is the biggest red flag, whether it’s for an emergency, travel, or a business issue.
• Their stories don’t add up. They may dodge specific questions about their life or provide inconsistent details.
• Their photos look too perfect. A reverse image search can reveal if their pictures are stolen from someone else’s profile.

Protecting Yourself from Romance Scams

Staying safe online doesn’t mean giving up on love—it just means being cautious. Here’s how you can protect yourself:

1. Be skeptical of too-good-to-be-true profiles. If someone’s story seems overly polished or dramatic, it’s worth digging deeper.
2. Never send money or share sensitive information. Legitimate connections won’t ask for financial help early in the relationship.
3. Verify their identity. Use tools like reverse image searches to ensure their photos aren’t stolen.
4. Talk to a trusted friend or family member. Scammers often isolate their victims. Sharing details with someone you trust can provide perspective.
5. Report suspicious activity. If you suspect someone is a scammer, report their profile to the platform you’re using.

Romance Scams by the Numbers

Romance scams are not just an emotional loss—they’re a financial one. According to the Federal Trade Commission (FTC), victims of romance fraud lost over $1.3 billion in recent years, making it one of the most costly types of online scams.

The average victim sends thousands of dollars before realizing the truth. And while anyone can fall victim, scammers often target those who are recently divorced, widowed, or isolated.

Stay Vigilant and Protect Your Heart

Remember that love is priceless, but trust should be earned. By staying informed about romance scams and sharing this knowledge with others, you can help protect yourself and your loved ones.

At Consumers National Bank, we’re committed to keeping you safe from fraud. If you ever suspect suspicious activity on your accounts or have questions about fraud prevention, our team is here to help.

Let’s spread love, not scams, this February.

Have concerns?Contact us or learn more about fraud prevention today!