Scam of the Week: Romantic Investment Scams

Let�s be honest, the age of social distancing can leave us feeling lonely. To make matters worse, bad guys are leveraging our loneliness for their scams. Romance-related scams are growing more popular and more complex.

In the latest romance-related scam, bad guys use a dating app to find their target, build a relationship, and establish trust. Once you trust them, the scammer will share financial tips and invite you to an exclusive investment site�which is actually a scam. Your new �friend� will guide you through opening an account, buying financial products, and building your investments. Then, one day, all communication stops and you�re left wondering where that money has gone.

Don�t fall for it! Remember these tips:

  • Romance scams aren�t exclusive to dating apps. The technique could easily be used on social media as well. Be skeptical of anyone who contacts you that you don�t know personally.
  • This attack exploits the loneliness of life during a pandemic. Don�t let the bad guys play with your emotions. Think before you click!
  • Remember, if something sounds too good to be true, it is probably a scam.

Stop, Look, and Think. Don’t be fooled.
Executive IT Help Security Team
Office: 832-295-1411