Key Facts and Figures
The New York Times estimates that the number of fake online profiles has steadily risen to about 120 million accounts across Facebook’s family of platforms, which includes Instagram and WhatsApp.
The FBI’s Internet Crime Complaint Center calculates that online romance scams cost American victims more than $475 million in losses in 2019 alone. This number is likely just the tip of the iceberg, as many fraud victims are too ashamed to report this type of crime.
Two ACCO experts, Kathy Waters and Bryan Denny, are leading the fight against the romance scam problem. Together they founded Advocating Against Romance Scammers (AARS), which raises awareness and pushes for legal reform to counter romance scams and identity theft.