Romance scams targeting Americans result in $10B losses, with many young Ghanaians involved.

CBS News highlights the rise of romance scams targeting Americans, resulting in over $10 billion in losses, as reported by the Federal Trade Commission. Many young Ghanaians are drawn into this lucrative cyber fraud, working for transnational syndicates. They pose as attractive women on dating sites to build trust with older victims before extorting money. The scams have evolved, with education and strategic targeting making Americans, particularly men, more vulnerable.

September 27, 2024
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