Although older adults are often targeted — more than three-quarters of complaints to federal agencies came from people 40 and older — fraud experts say people of all ages and backgrounds can fall prey to romance scams.
So-called romance scams — in which fraudsters smother victims with professions of love then plead for large “loans” to cover invented emergencies — appear to be on the rise, according to federal law enforcement and fraud experts.
Romance scams cost nearly 5,900 victims more than $86.7 million last year, according to the Internet Crime Complaint Center.
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