Victims lost more than £102 million last year, as criminals continue to exploit online relationships to manipulate people into transferring money.
Analysis shows that both men and women aged 55 to 74 experienced the greatest financial losses, accounting for almost half of the total amount stolen. Although men submitted a higher number of reports overall, women experienced higher individual losses, making up just over 40 per cent of the total value reported.
Learn to recognise the warning signs:
– Be cautious of individuals who develop relationships very quickly or express strong feelings early on
– Be wary of excuses not to meet in person or to avoid live video calls
– Never send money, cryptocurrency or gift cards to someone you have not met face-to-face
– Be alert to requests linked to investments, medical emergencies or travel costs
– Speak to a trusted friend or family member if something feels unusual or pressured.
If you think that you’ve been targeted, please report it to Report Fraud or by calling 0300 123 2040.
More information can be found here.