Romance scams loss termed to have reached £10k on an average in UK

From cybersecurity-insiders.com

A report compiled by Barclays states that the amount of money lost in romance scams has reached an average of £10k in the UK in the last 6-8 months. This amount is what fraudsters earn on average, and the actual number might be much higher than what is estimated now.

The survey also revealed that one in three Britons have experienced a scam or know at least one or two people who have gone through this negative experience in the past year or so. Scammers are constantly developing new tactics to deceive victims, and the credit goes to their innovation.

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