FOX BUSINESS – Aug 9 – Internet dating scams have been around for decades. Women ages 45 to 60 account for ~60% of reported victims. Scammers like to target people who are isolated because it makes it that much easier to victimize them. It's the 21st century version of organized crime. MoneyGram, which provides a secure way to send money, refunded 4,870 transactions amounting to $13.7M in (thwarted romance scams). The refunds were processed when MoneyGram staff worked with potential victims to root out a possible scam before the money was delivered to the con artist.
by Carole Moore
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