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Online Valentines Costs $28m

Online Valentines Costs $28m

In a damming report, ACCC warns any one looking for love in the online dating community to beware of any love interest who asks for money.

“Sadly, $28 million was reported lost to romance scams in Australia last year by 1032 people. Of this, 81 people reported losing over $100,000, showing just how financially devastating these scams can be. We know these figures are only the tip of the iceberg as many victims are reluctant to admit to friends, family or authorities that they fell for a scam,” ACCC deputy chair Delia Rickard said.