March 13,2018 (Courtesy of Citynews.ca) – Halton regional police have issued a public warning about a so-called ‘romance scam’ after a woman came forward saying she was bilked out of more than $1.2 million.
Police say the suspect could be anywhere in the world and they’re urging anyone who may have been victimized to come forward.
“Even the most experienced people can be manipulated by these professionals,” Halton police said in a release.
Police say the scam usually unfolds slowly, and starts with a casual connection online, often through dating websites.
The scammer says they can’t meet the person due to travel, overseas business, or military deployment, but they eventually ask for a small sum of money to help with a lost passport or failing business deal. As the online relationship progresses, the perpetrator asks for more money, sometimes with promises of return profits from investments.
Those ‘investments’ never come through.
“The money is all gone, sent through various means to the U.S.A. and Europe,” explained Det. Mark Underwood of the Fraud Unit. “The suspect is a professional fraudster operating as part of a network of criminals, all with the same intent; to relieve someone of their hard earned money. They know how to manipulate, and unfortunately, they are highly skilled at what they do.”
Tips on Avoiding Falling Victim to the Romance Scam (Courtesy of Halton police)
- Never send money to someone you have never met. Legitimate businesses and business associates do not need to secure financing from random strangers.
- Check your facts, and do your research. Often, the fraudsters will introduce a lawyer, in the hopes it brings legitimacy to a financial transaction. Use the internet to verify that people and businesses actually exist.
- If in doubt, seek some help. A sober second look at a situation from a trusted outsider who has not been manipulated by a potential fraudster can provide clarity and make the difference.
Deborah McCoy – Is an investigative journalist and has over 17 years of investigation experience in both the private and public business sectors. Since joining CFN, Ms. McCoy has become a true advocate for victims of fraud and increasing the public’s awareness in fraud prevention.