Losses by Australians to dating and romance scams are expected to be much higher this year as scammers turn to a new technique - romance baiting - using dating apps to lure victims into investment scams, according to the consumer watchdog, the ACCC.
Tech-savvy daters have been alerted to watch out for romance scammers this Valentine’s Day, with the consumer watchdog, the ACCC warning that scams are increasingly happening through social media and dating apps.
A third (35%) of Aussies have used Internet and online dating apps, with the number using the apps rising to half among millennials.
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