Tag: Fraud

The digital era has transformed many aspects of life, including how we find love and companionship. Unfortunately, it has also given birth to insidious forms of cybercrime, such as online romance scams. These scams occur when a criminal adopts a fake online identity to gain a victim's affection and trust, with the goal of stealing their money or personal information. Despite growing awareness, reports indicate that these scams are on the rise, leaving heartbroken victims with empty bank accounts. Financial institutions are increasingly concerned about the impact on their...