Iphone Android Users Lose Life Savings To Romance Fraud Cryptocurrency Operation
Romance scams are nothing new, but their potential impact has expanded due to mobile technology and the connectivity of our smartphones to core financial services, banking, and investment opportunities. The US Federal Trade Commission (FTC) says that 2021 was a “goldmine” for scammers, and $770 million was lost due to social media scams alone during the year. Investment, cryptocurrency, and romance scams were the most common ways fraudsters cashed in....