Police warn of online dating scams, one woman out $500,000

A recent report to the RNC found that over a nine month period, one woman lost $500,000 to a man she met online after she sent bank drafts, cash and cryptocurrency to him believing he was in need.

Police are warning the public about online dating scams, which prey on those seeking companionship through dating sites and apps. A recent report to the RNC found that over a nine month period, one woman lost $500,000 to a man she met online after she sent bank drafts, cash and cryptocurrency to him believing he was in need. Cst James Cadigan says a catfish creates a false identity and develops an online relationship, gaining the victim’s trust. They then create a fake scenario, claiming to need money fast. Scenarios may include a medical emergency, legal fees, travel expenses or other bills. Money may be requested through cash via mail, wire transfer, gift cards, bitcoin or other cryptocurrency.

Cadigan says to protect yourself from a romance scam be cautious if the relationship is moving too fast. Be suspicious if the person cannot do video calls and has an excuse as to why they cannot meet in person, especially after an extended period of online dating. Never ever send money to someone you’ve never met. Suspected fraudulent activity can be reported to the Canadian Anti-Fraud Centre at 1-888-495-8501 or use their online reporting system.