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False Romeos scam residents out of $16M last year in B.C. city

Romance scams preying on the lonely see 91Ƶsignificant rise91Ƶ in Richmond

Mounties in Richmond, B.C., are warning the public after a 91Ƶsignificant rise91Ƶ in romance scams and investment schemes in the city, with a loss of more than $16 million last year.

Police said they received 87 reports of romance crimes in 2023, and the trend continues this year with another 12 cases being reported between January and March with nearly $500,000 lost.

RCMP say these 91Ƶlong-con scams91Ƶ involve grooming of the victims over weeks or months to nurture the relationship enough to convince them to invest their money in the fraud scheme.

The criminals usually find their victims through dating websites or other social media, and police say they entice them with false promises of profit, and may even show fake returns on initial investments, before their victims are financially ruined.

Richmond RCMP spokesman Dennis Hwang said in an interview Tuesday that fraudsters prey on people91Ƶs loneliness to build connections and gain trust.

91ƵSometimes people are picked randomly, but other times, they will be analyzing certain profiles of people on dating sites to see if they might be susceptible,91Ƶ said Hwang, adding that these scammers have been 91Ƶdoing their homework91Ƶ on potential victims.

91ƵMoney is never mentioned at the beginning. It91Ƶs always about building that trust and building the rapport with the victim if they have a lot of things in common,91Ƶ he added.

Scammers employ a variety of tactic, he said, such as 91ƵI used to go to school in that region91Ƶ or 91ƵI enjoyed that restaurant91Ƶ to befriend potential victims.

As victims slowly let their guard down and become friendly during conversations, scammers will eventually bring up the idea of investing.

91ƵThe criminal might say, 91ƵWell, look at the money that you allow me to invest. It91Ƶs already returned this much profit. Would you like me to give that profit back to you or do you want to reinvest it?91Ƶ91Ƶ Hwang said.

The scams usually involve cryptocurrencies, and police say they believe the actual number of victims may be higher as some might be hesitant to come forward due to embarrassment or fear.

Police say people need to stay cautious and be skeptical of unsolicited contacts, especially from 91Ƶoverly attractive91Ƶ profiles or strangers who show romantic interests.

91ƵIf somebody truly is interested in you, I don91Ƶt think that should come up,91Ƶ said Hwang, referring to the romance scammers asking for money following flattering messages.

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