Romance Scams 101: How to Protect Your Heart and Your Wallet
Loneliness is human. Wanting love is normal. But criminals are exploiting vulnerability by draining bank accounts, stealing identities and disappearing without a trace in what are called romance scams.
According to new data from Barclays, romance scams surged more than 20% in 2025, fueled in part by artificial intelligence that allows criminals to clone voices and fake identities. The Federal Trade Commission reports Americans lose at least $1.4 billion every year to these schemes, though is likely far higher since many victims are too embarrassed to report the crime.
Dating apps and social media have become prime hunting grounds for con artists posing as Mr. or Mrs. Right. They often claim to be professionals working overseas or in remote locations, and behind the screen, they’re fraudsters looking for a payout.
If someone you’ve just met online starts professing deep love after a few messages, slow down. Genuine relationships take time. Fast-moving emotion is a classic manipulation tactic designed to build trust before the ask comes.
They’re Always Working “Out of the Country”
Some of the most common fake professions include oil rig workers, doctors working overseas, military members on "undisclosed missions" or construction workers constantly on the road. Then there’s the so-called wealthy businessman abroad suddenly short on cash and asking for gift cards “just this once.”
They Have an Emergency and Need Your Money
Scammers rely on emotional pressure with tragic stories, medical emergencies, family deaths or unexpected setbacks. Eventually, the request comes: money. Some scammers play the long game—building trust for weeks or months before striking.
They Offer to Send You Money
This is a major red flag. Criminals sometimes use unsuspecting victims to launder stolen funds. If someone you barely know wants to transfer money into your account, walk away immediately. Accepting it could land you in serious legal trouble.
They Ask for Personal Information
This can be even more dangerous than asking for money. If someone wants your birthdate, address, Social Security number, passwords or any other sensitive information, they are likely up to no good. With enough personal data, criminals can steal your identity, destroy your credit, and open accounts in your name.
According to new data from Barclays, romance scams surged more than 20% in 2025, fueled in part by artificial intelligence that allows criminals to clone voices and fake identities. The Federal Trade Commission reports Americans lose at least $1.4 billion every year to these schemes, though is likely far higher since many victims are too embarrassed to report the crime.
Dating apps and social media have become prime hunting grounds for con artists posing as Mr. or Mrs. Right. They often claim to be professionals working overseas or in remote locations, and behind the screen, they’re fraudsters looking for a payout.
Romance Scam Warning Signs You Should Never Ignore
They Say “I Love You” Way Too FastIf someone you’ve just met online starts professing deep love after a few messages, slow down. Genuine relationships take time. Fast-moving emotion is a classic manipulation tactic designed to build trust before the ask comes.
They’re Always Working “Out of the Country”
Some of the most common fake professions include oil rig workers, doctors working overseas, military members on "undisclosed missions" or construction workers constantly on the road. Then there’s the so-called wealthy businessman abroad suddenly short on cash and asking for gift cards “just this once.”
They Have an Emergency and Need Your Money
Scammers rely on emotional pressure with tragic stories, medical emergencies, family deaths or unexpected setbacks. Eventually, the request comes: money. Some scammers play the long game—building trust for weeks or months before striking.
They Offer to Send You Money
This is a major red flag. Criminals sometimes use unsuspecting victims to launder stolen funds. If someone you barely know wants to transfer money into your account, walk away immediately. Accepting it could land you in serious legal trouble.
They Ask for Personal Information
This can be even more dangerous than asking for money. If someone wants your birthdate, address, Social Security number, passwords or any other sensitive information, they are likely up to no good. With enough personal data, criminals can steal your identity, destroy your credit, and open accounts in your name.
How to Protect Yourself from Romance Scams
The best tool you have is your gut. If something feels off, it probably is. Some general tips include:- Do not accept friend or follow requests from people you don’t know.
- Never send money, gift cards or wire transfers to someone you haven’t met in person.
- Stick with well-known dating platforms but remember even reputable sites attract criminals.
- Talk to a trusted friend or family member about new online relationships.