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Much like a scene lifted from a movie, a man based in California promised his dying mother that he'll find a “good woman” to marry.
As such, the FBI narrated the story of an 83-year-old woman who fell for a romance scam.In fact, in the United States alone, dating and matchmaking sites have significantly grown to a billion-dollar industry, cashing in almost $2 Billion and attracting a consumer base of over 49 Million online users in 2015. [Read: Online Scams Cashing in on Romance] The FBI noted that dating sites have already been contacted to raise awareness of the common scams that exist on such platforms, but Bowdich stresses that the important thing is to inform the public about developing a stronger security mindset to keep threats like this at bay. Reports also show victims unwittingly opening business accounts for fraudulent corporations.BEC schemes, as the bureau notes, is “a fraud targeting businesses that regularly perform wire transfer payments.We’ve made it not only necessary but acceptable for women to make the first move, shaking up outdated gender norms.
We prioritise kindness and respect, providing a safe online community for users to build new relationships.
Not long after, his foray into allowed him to sift through possible wives-to-be.
In a short span of time, this online quest led him to what he believed to be a romance scammer.
Apart from BEC schemes highlighted by the FBI in the conference, Bowdich also reiterated on the rampancy of scammers found in online dating sites.
This isn’t necessarily new or advanced, but toying with the emotions of victims continues to be an effective strategy for cybercriminals.
[Read: Dissecting BEC schemes] In the past month or so, reports show that BEC schemes do not simply rest on direct monetary pursuits.