Beyond Romance Fraud: Social Media Scams On The Rise

Beyond Romance Fraud: Social Media Scams On The Rise

Beyond Romance Fraud: The Rising Threat Of Social Media Scams Online scams are evolving at a rapid pace, leaving people more vulnerable than ever before. Unlike traditional fraud, these scams are powered by emotional manipulation, fake identities, and in some cases, even generative AI, making them harder to detect. With romance fraud already costing victims millions, social media scams now present a much broader and more dangerous threat that goes beyond broken trust and financial losses. Image credit: sarayut Thaneerat/ via Getty Images What Makes Social Media Scams So Dangerous Social media scams thrive on the trust people naturally place in digital communities. Fraudsters use fake profiles, convincing messages, and emotional triggers to lure victims into believing they are dealing with a genuine person. These scams are not limited to romance fraud but extend to fake investment opportunities, impersonation of friends or family, and even fraudulent online stores. The accessibility and an…