Gardaí Warn Of Romance Fraud On Valentine's Day

Tuesday, 14 February 2023 09:31

By Caoimhe Harney

Gardaí advise people to be wary of online relationships, especially if you are asked for money or to invest in a scheme or business

As Valentine’s Day approaches, An Garda Síochána is asking members of the public to be vigilant of romance fraud.

Romance fraud happens all year round and not just around Valentine’s Day.

In 2022, 70% of all victims of romance fraud were female. Last year €1,958,089 was stolen, up 23% on the previous year.

A total of €5,923,869 has been stolen in romance fraud since 2019.

Romance fraudsters may try to get their victims to send them money using the following excuses:

To cover the cost of travelling to see the victim
For emergency medical expenses, customs duties or other bills
A business opportunity which would see the victim make a quick profit

There is an ever increasing link between romance fraud and investment fraud.

In many cases, scammers will ask victims to invest in a fraudulent scheme or business. Such investments ultimately see the funds transferred to the fraudster through a number of linked accounts.

Members of the public are advised to be vigilant as there are huge risks involved in investing in cryptocurrencies and not to share any money with someone they meet through online websites or apps and to get professional and legal advice before investing.

An Garda Síochána works closely with Europol to disrupt the activities of romance scammers, particularly organised crime gangs that engage in this type of criminality; as well as monitoring dating sites for this activity.