FTC: $1.3 billion lost by 70,000 Americans to romance scams last year


Level 26
Thread author
Top Poster
Aug 17, 2017
The U.S. Federal Trade Commission (FTC) says Americans once again reported record losses of $1.3 billion to romance scams in 2022, with median losses of $4,400. According to previous FTC's Consumer Sentinel Network (Sentinel) sources, Americans have also reported losing $493 million in 2019, $730 million in 2020, and $1.3 billion throughout 2021. "Last year's romance scam numbers looked a lot like 2021 all over again, and it's not a pretty picture. In 2022, nearly 70,000 people reported a romance scam, and reported losses hit a staggering $1.3 billion," the FTC said. Scam loss statistics are based on Americans' romance scam reports to FTC's Sentinel and now also include reports filed with the Internet Crimes Complaint Center (IC3) after 2019. Unfortunately, these numbers reflect just a tiny fraction of the harm inflicted by romance scammers seeing that the vast majority of frauds are never reported.

Zero Knowledge

Level 20
Top Poster
Content Creator
Dec 2, 2016
This is so sad. You can't even use online dating to try and find love. It's just desperate lonely people looking for company and love and that special someone and what do they get? Scammed :mad:! Sometimes this world is F##KED (n). But people are still way to trusting on the internet, it's just a human trait, I guess.

Thing is everyone gets scammed sometime somewhere in your lifetime, but to send thousands to 10's of thousands is just stupid and naive when it comes to romance/business/whatever investment ponzi scheme.
  • Like
Reactions: [correlate]

About us

  • MalwareTips is a community-driven platform providing the latest information and resources on malware and cyber threats. Our team of experienced professionals and passionate volunteers work to keep the internet safe and secure. We provide accurate, up-to-date information and strive to build a strong and supportive community dedicated to cybersecurity.

User Menu

Follow us

Follow us on Facebook or Twitter to know first about the latest cybersecurity incidents and malware threats.