Cupid’s Crypto Con: How to Dodge Valentine’s Day Scams in 2025
Romance scams are on the rise, with experts predicting a 10% increase in 2025. Lovebirds beware—what starts as sweet nothings online might just be a scammer whispering sweet somethings out of your wallet. Protect yourself from falling for these digital Casanovas before your love life ends up in the red.
Hot Take:
Love is in the air, but so is the smell of desperation…and scams! This Valentine’s Day, remember that the heart may want what it wants, but the wallet should definitely have a say in the matter. Swipe right on love, but left on lending money to that mysteriously charming stranger who needs a little cash to “unlock their inheritance” or “invest in a surefire crypto scheme.” Love may conquer all, but it can’t conquer common sense!
Key Points:
- Romance scams are on the rise, with a predicted increase of 10% in 2025.
- Americans reported nearly $830 million in losses due to these scams in 2024.
- Arizona residents were the most affected, with California not far behind.
- Cryptocurrency scams are a significant part of the problem, with $215.8 million lost.
- Generative AI is making it easier for scammers to create fake online personas.
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