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Cyber Security

FBI Warns of Romance Scams Turning Victims into Money Mules

Last year, losses from romance and confidence scams added to over $362 million. Victims unwittingly move funds obtained from business email compromise (BEC) to various accounts controlled by the attacker. Scammers typically sweet-talk victims for months to establish trust and then ask for favors like opening a bank account, mediate money transfers, or sending fake checks. Victims often do this for years believing they are helping their online lover do legitimate business. Scattered Canary is one of the hundreds of organizations running operations from West Africa and around the world.

Source: https://www.bleepingcomputer.com/news/security/fbi-warns-of-romance-scams-turning-victims-into-money-mules/

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