Love Scams in the UK: £106m Heartbreak Heist of 2024!
Romance fraud in the UK in 2024 cost lonely hearts £106m, with victims losing an average of £11,222 each. Men were slightly more targeted, but women often lost more over time. The City of London Police urges caution, as these scams leave emotional and financial scars, proving love hurts and empties wallets!
Hot Take:
Ah, love is in the air… and so is fraud! Apparently, in 2024, Cupid’s arrow has been swapped for a phishing hook, reeling in a record £106m from unsuspecting lovebirds in the UK. It’s a classic case of ‘romance is dead, and so is your bank account’. But don’t worry, folks, there’s still hope: Daters can try using protection (no, not that kind) in the form of common sense and cybersecurity awareness. Easier said than done, right?
Key Points:
- Romance scams in the UK reached £106m in losses in 2024, with a 9% increase in reported cases.
- Men are slightly more likely to fall victim, but women often lose more money due to long-term manipulation.
- The 50-59 age group saw the highest financial losses, possibly due to accumulated wealth and life changes.
- Global losses to scams involving crypto investments rose by 40% in 2024.
- Authorities urge the use of caution with online relationships and offer practical safety tips.
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