Victims of romance scams tricked out of more than £5m this year, new data from Lloyds Bank reveals










Victims of romance scams have been tricked out of more than £5million this year, new data from Lloyds Bank reveals.

In a romance scam, the victim is duped into handing over money to someone they meet online, for example on social media or a dating website, and with whom they believe they are in a relationship. 

Fraud: In a romance scam, the victim is duped into handing over money to someone they meet online

Fraudsters often claim to be abroad, for example in the military or working on an oil rig. That gives them a cover story as to why they cannot meet in person. 

Once they have built a connection with their victim, the fraudster then claims to have an emergency for which they need cash. If they are sent money, the fraudster asks for increasingly large sums. 

Liz Ziegler, retail fraud prevention director at Lloyds Bank, says: ‘If a dating discussion turns to sending money, that’s the time to stop and think. Talking to a friend or family is always helpful as they often spot suspicious signs and break the spell before it’s too late.’ 

In one case, a…

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