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Romance Scams and Internet Fraud Risk

THE GLOBAL IMPACT FROM Wymoo International ROMANCE SCAMS AND FRAUD Internet criminals continue to target individuals in Australia, Canada, the U.S. and U.K., and the problem is getting worse. Reported Scam Victims by Country Numbers in millions tor 2011 Canada 2M U.K.3.2M U.S. 20M Numbers are approximate and based on multiple data sources and agencies. Internet criminals now target victims on major social networks and online dating websites. Less than 1 out of 5 victims report the crime to authorities. Australia 1.5M Despite the high number of victims, many are too ashamed to seek help. 2 out of 3 internet scammers now reside in Nigeria, Ghana, Russia, Ukraine, Philippines or Malaysia, although no country is immune. GLOBAL INTERNET USAGE Annual Identity Theft Victims INTERNET USERS 2.2 BILLION GLOBAL POPULATION AS OF 2012 7 BILLION 60K 50K Australia I Canada SOCIAL NETWORK & ONLINE DATING USAGE 1.8M U.S. EHARMONY 37 MILLION U.K. FACEBOOK 900 MILLION 12M MATCH.COM 96 MILLION OTHER DATING SITES COMBINED 100 MILLION Romance scam victims can have their money or identity stolen, or both. REPORTED SCAM AND FRAUD VICTIMS AUSTRALIA 1.5 MILLION Online Dating Usage by Country CANADA 2 MILLION 40M IAustralia UNITED KINGDOM 3.2 MILLION UNITED STATES 20 MILLION 10M ICanada U.S. бM U.K. In 2011, U.S. reported victims of romance scams lost over $55M USD. At least 200,000 British singles fell victim to romance scams. In Australia, victims lost an estimated $100M USD from scams involving 12M An estimated 1 out of 4 profiles on the internet contains false data or photos. online dating. In the U.S. alone, there are over 1,500 dating websites. SOURCES: Australian Bureau of Statistics, Australia Competition and Consumer Commission, Canada Anti-Fraud Centre, Internet Crime Complaint Center (IC3), Internet World Stats, Federal Bureau of Investigation, Javelin Strategy & Research, National Fraud Authority, Serious Organized Crime Agency (SOCA), University of Leicester, Wikipedia, Wymoo International

Romance Scams and Internet Fraud Risk

shared by JohnM2012 on May 25
Are you safe online? Internet scam statistics from Wymoo reveal an alarming trend in fraud risk.


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