Romance scams account for at least 23,000 victims in the U.S. and more than $605 million in losses last year. FBI: “Confidence/romance scams have resulted in one of the highest amounts of financial losses when compared to other internet-facilitated crimes” Another prevalent type of fraud continues to be account takeover fraud, driven by copious amounts of user information in circulation thanks to years’ worth of data breaches. Authorities ask victims to report the crime in two ways – first to your bank or credit card issuer and second to authorities.”]

