Amid the roses, romantic dinners and candy, danger lurks on Valentine’s Day and other days, with romance scams on the rise across the Bay Area, FBI officials said Friday.
Amidst the roses, romantic dinners and candy, danger lurks on Valentine’s Day and other days, with romance scams on the rise across the Bay Area, FBI officials said Friday.
Victims in the FBI’s San Francisco division lost more than $64 million to romance scams in 2021, compared with $35 million in 2020, according to the agency. The FBI’s Internet Crime Complaint Center received 742 complaints within the Northern District of California last year compared to 720 in 2020 and 526 in 2019, officials said.
The Bay Area county with the highest victim reporting and dollar amount loss was Santa Clara County, followed by San Francisco County and Alameda County. FBI officials said there is a rising trend in which romance scammers persuade individuals to send money to invest or trade cryptocurrency. After gaining the confidence and trust of the victim, the scammer directs the victim to a fraudulent website or application for an investment opportunity. After the victim has invested an initial amount on the platform and sees an alleged profit, the scammers allow the victim to withdraw a small amount of money.
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