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Valentine’s Day warning about ‘love-bombing’ romance scams

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Friday February 12, 2021

There is a new twist in the years-old romance scam with the consumer watchdog warning people of “love bombing” and being lured into fake investment schemes.

The ACCC has warned that romance scams have evolved

With Valentines Day approaching, the Australian Competition and Consumer Commission said the young were increasingly the target of the scams which stole at least $37 million from Australians last year.

“Total losses were probably much higher and scammers are now using dating apps to lure victims into investment scams,” ACCC deputy chair Delia…



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