The Sweetheart Scam

This is one of the biggest scams we see at the bank; scammers taking advantage of people looking for romantic partners, often via dating websites, apps or social media by pretending to be prospective companions. Scammers play on emotional triggers to get you to provide money, gifts or personal details. We have seen a rise in these social engineering type scams also known as catfishing.  They start with a simple friend request, wink or swipe and usually end in heartbreak and lost money.