Last Updated on by SCARS Editorial Team

NEWS: New Online ScamScam A Scam is a confidence trick - a crime -  is an attempt to defraud a person or group after first gaining their trust through deception. Scams or confidence tricks exploit victims using their credulity, naïveté, compassion, vanity, irresponsibility, or greed and exploiting that. Researchers have defined confidence tricks as "a distinctive species of fraudulent conduct ... intending to further voluntary exchanges that are not mutually beneficial", as they "benefit con operators ('con men' - criminals) at the expense of their victims (the 'marks')". A scam is a crime even if no money was lost. Combines Romance And Investment In ‘Really Twisted Scheme’

Fraudsters build trust, raise the idea of investment and ask for relatively small amounts of money

The B.C. Securities Commission is warning that a new twist to an online dating scamDating scam Dating scammers or love scammers create fake identities on dating apps and social media to coax you into fake online relationships. They often quickly move to personal channels such as phone or email, using your trust to acquire money or personal info, or help you hide their criminal activities. You'll probably never meet them in person. This is a relationship scam. is on the rise, intertwining romance and investments in a costly combination.

In the scam, a fictitious dating profile is created and the fraudsterFraudster A Scammer or Fraudster is someone that engages in deception to obtain money or achieve another objective. They are criminals that attempt to deceive a victim into sending more or performing some other activity that benefits the scammer. gradually woos the victim, building up trust, before coming up with an investment pitch and asking for money.

Click On The Title In The Content Box Below To View The Full Story

[contentcards url=”https://www.cbc.ca/news/canada/british-columbia/new-online-scam-romance-and-investment-1.4748573″ target=”_blank”]

The following two tabs change content below.

SCARS Editorial Team

SCARSSCARS SCARS - Society of Citizens Against Relation