Internet Love Scam
As of December 2021
Largest amount lost by an individual
WHAT IS AN INTERNET LOVE SCAM?
You are befriended by an attractive person (usually foreign) online and after gaining your trust, they ask you for money as proof of love. He/She will tell a tale about falling into trouble or hard times and ask for a loan from you. Once the money is transferred, the scammer disappears.
In some cases, your online friend may ask you to invest in a company or cryptocurrencies.
He/she may also request that you help them receive or transfer funds on their behalf using your bank account.
Look out for these scam signs
The scammer professes his/her love shortly after making contact with you and goes to great lengths to gain your interest and trust with loving words and offers to send you gifts.
The scammer will give all sorts of excuses when you request for a video call.
The scammer will share sudden stories of misfortune to gain your sympathy and requests money to help them out.
The scammer may send you parcels containing gifts like luxury goods or even cash to gain your trust.
How to stay safe
Always ask, check and confirm before you invest.
Money laundering is a serious offence. Offenders may be fined up to $500,000 and imprisoned for 10 years. You should note that you are responsible for all the transactions carried out on your account.
Explore each stage of this scam
The 5 Stages of Internet Love Scam
Discover the techniques behind the scam and red flags to look out for
Internet Love Scam: Real Stories
22 Oct 2022 | Internet Love Scam
Don't learn from me. If your online date ask for money, you must know it is never a good thing, there are options like a license moneylender or a bank, they can lend them money or if they ask you want…...
21 Oct 2022 | Internet Love Scam
I got to know this person via tinder. After a week of chatting she tells me there is an investment scheme with jp morgan with good returns. She then give me a link to ask me to install on my phone here…...
18 Oct 2022 | Internet Love Scam
Met this person on the bumble app and he was a verified profile. We chatted on Telegram for a while. we even spoke over the phone through telegram call. He spoke about how he was cheated by his ex 4 years…...
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