139% rise in UK romance scams by Barclays Bank, with women reporting a 43% increase and losing more money on average than men.
Barclays Bank warns UK customers of a 139% rise in romance scams, with a 43% increase in reports by women. Romance scams involve fraudsters posing as romantic interests to gain victims' trust before manipulating them into sending money or personal information. Men account for the majority of reports, but women lose more money on average, with £8,900 lost by female victims compared to £3,500 by men.
July 27, 2024
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