Romance scams cost Americans $1.3 billion in 2022 alone. That’s billion with a B. And it’s not getting better.
These aren’t random attacks either. Romance scammers specifically target people looking for connection, companionship, love. They know exactly what they’re doing, and frankly, they’re getting really good at it. The FBI reports that romance scams result in some of the highest financial losses compared to other internet crimes. We’re talking about criminals who keep journals on their victims, study social media profiles for hours, and craft personas so convincing that smart, educated people hand over their life savings.