Canadians lost $16.9M to romance scams in 2015, fraud specialist says

AARP Rewards is here to make your next steps easy, rewarding and fun! Learn more. A Pew Research Center study revealed that nearly 60 percent of U. But seeking romantic bliss online can have a major downside: Cyberspace is full of scammers eager to take advantage of lonely hearts. The con works something like this: You post a dating profile and up pops a promising match — good-looking, smart, funny and personable. This potential mate claims to live in another part of the country or to be abroad for business or a military deployment. But he or she seems smitten and eager to get to know you better, and suggests you move your relationship to a private channel like email or a chat app. Over weeks or months you feel yourself growing closer. You make plans to meet in person, but for your new love something always comes up.

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In this July 5, , file photo, a man uses the dating app Tinder. majority” of scams involve dating websites like , Christian Mingle, was charged with swindling two women he met on the popular dating out of.

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Among singles who are not looking to date, having more important priorities right now and just enjoying the single life are among the most common reasons cited. However, behavioural psychology and sexology including my own studies into advice for for men, women and the history of dating advice more generally shows that women do have particular preferences when it comes to dating and mating. Naturally, as we grow fabulously older, women are going to meet many more divorced men than we did in our 20s.

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Not everyone using online dating sites is looking for love. Scammers create fake online profiles using photos of other people — even stolen pictures of real military personnel. They profess their love quickly. And they tug at your heartstrings with made-up stories about how they need money — for emergencies, hospital bills, or travel.

Why all of the tricks? The scammers transfer stolen money into the new account, and then tell their victims to wire the money out of the country.

The Federal Trade Commission (FTC) received more than 25, reports about romance scams in , a nearly threefold increase since

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Subscriber Account active since. Whitney Wolfe, cofounder of Tinder and founder of Bumble. Whitney Wolfe Match Group, the parent company of some of the world’s biggest dating apps and websites, filed to go public last week. As Business Insider’s resident year-old, I was obliged to poke around and try out some of the most popular dating apps. Business Insider logo The words “Business Insider”.

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On Valentine’s Day, some singles may be inspired to step up their dating game. Going online could be their best bet. Amy Giberson, now 34, was reluctant to try internet dating again but she decided to give it one more shot in She downloaded the Match app and connected with Justin Pounders, also 34, almost immediately. The two decided to meet “IRL” in real life days later. Months after their first date, the couple discovered they had been classmates in preschool, and one year into their relationship Justin arranged to have the young students from their former school hold up signs that asked, “Will you marry me?

They tied the knot last November. A lot of great love stories begin online.

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