As more and more Canadians turn to the internet to find true love, many are becoming susceptible to online scammers and there appears to be insufficient systems in place to prevent such fraudulent activity. Canada was ranked seventh in the world for being most susceptible to online scams according to a 2015 survey.

Right balance of sharing information

The types of scams that online daters are vulnerable to range from meeting people who had used fake profile photos to financial losses. (The Canadian Anti-Fraud Centre reported that in 2015, Canadians lost over $16.9 million in romance scams.) A study found that most users of online dating site have a difficult time striking the right balance between sharing too much information on their dating profiles and not sharing enough.

Read more at The Global News.

This article is summarized by Canadian Fraud News Inc.