How To Spot A Fake Valentine On Dating Apps

File Photo: The Dating App Tinder Is Shown On A Mobile Phone In This Picture Illustration
FILE PHOTO: The dating app Tinder is shown on a mobile phone in this picture illustration taken September 1, 2020. Picture taken September 1, 2020. REUTERS/Akhtar Soomro/Illustration/File Photo

How To Spot A Fake Valentine On Dating Apps

Valentine’s Day is around the corner. If you have been on dating apps looking for love you are not alone. But as your swiping right please be aware of the latest scam called Pig Butchering. According to California’s Department of Financial Protection and Innovation, A “pig butchering” scam is a long-term, sophisticated investment fraud where scammers build trust with victims over weeks or months—”fattening the pig”—before coercing them into depositing funds into fraudulent cryptocurrency platforms. Listed below are three red flags to be on the look out for.

  1. They move fast. Meaning they are asking for your number as soon as you match or they message you daily. Often times in the first few messages talk becomes less about romance more about investment opportunities
  2. They offer you a financial opportunity. If it seems to good to be true it probably is. Perfect strangers typically don’t offer you a chance to make money out of the blue.
  3. They want to move your communications to What’s App or Telegram. There is nothing wrong with these platforms when using them with family and friends, however scammers like to use them because they have end to end encryption and it makes it harder for authorities to trace and track down scammers.

 

Courtesy of the California Department of Financial Protection and Innovation