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Roses are Red, Romance Scammers Increasingly Make You Blue

The ongoing lockdown may be complicating the path of Cupid s arrows. But as another Valentine s Day rolls around, authorities are warning that romance scammers - and other types of fraudsters - are alive and well and have been increasingly preying on unsuspecting victims around the world. Take it from the FBI: Romance scams remain big business, accounting for at least 23,000 victims in the U.S. and more than $605 million in losses last year. Confidence/romance scams have resulted in one of the highest amounts of financial losses when compared to other internet-facilitated crimes, the FBI warns in a fresh romance scam alert.

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