Scammers create profiles using attractive photos stolen from the internet or of individuals who may not be aware their images are being used. These profiles appear genuine and are often well-crafted, with believable backgrounds and interests.
The scam begins with casual conversations that gradually evolve into a seemingly genuine connection. The scammer invests time in building trust and simulating interest in a romantic relationship.
Once trust is established, the scammer introduces the concept of financial gain through investment. This can take several forms:
The preferred method for transferring funds is cryptocurrency because it is less regulated, harder to trace, and there is no easy recourse for getting the money back once it has been transferred. The scammer will guide the victim on how to purchase and transfer cryptocurrency to a specific wallet address.
Being cautious and informed can help you avoid falling victim to these sophisticated scams. Always remember that if something feels off or too good to be true, especially in the context of an online romance, it's important to step back and reassess the situation critically.
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