Inside the FBI cover image

For the Love of Money

Inside the FBI

00:00

The Connection Between Cryptocurrency and Romance Scams

The total internet scam loss amount was somewhere under $7 billion, specifically related to confidence or romance scams. It's totaling about $956 million with about 24,000 complainants. With crypto or gift cards, there is a level of perceived anonymity where the scammer has the belief that using these methods of payment, it's harder to track them down.

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