Monday, January 13, 2025
No Result
View All Result
Iced Coffee Hours
  • Home
  • News
    • USA
    • Europe
    • Africa
    • Middle East
    • Asia Pacific
    • Canada
    • UK
    • India
    • Australia
    • New Zealand
  • Politics
  • Business
  • Health
  • Sports
  • Economy
  • Entertainment
  • Crypto
  • Tech
  • Gossips
  • Lifestyle
  • Travel
  • Home
  • News
    • USA
    • Europe
    • Africa
    • Middle East
    • Asia Pacific
    • Canada
    • UK
    • India
    • Australia
    • New Zealand
  • Politics
  • Business
  • Health
  • Sports
  • Economy
  • Entertainment
  • Crypto
  • Tech
  • Gossips
  • Lifestyle
  • Travel
No Result
View All Result
Iced Coffee Hours
No Result
View All Result

Romance scams surge despite 65% thinking they would never fall victim, says bank

October 1, 2024
in Business
Reading Time: 3 mins read
0 0
A A
0
Home Business
Share on FacebookShare on Twitter


Your support helps us to tell the story

Our mission is to deliver unbiased, fact-based reporting that holds power to account and exposes the truth.

Whether $5 or $50, every contribution counts.

Support us to deliver journalism without an agenda.

Find out more

More than £3.8 million was reported as stolen from Santander UK customers in romance scams in the past six months, marking a 27% jump compared with the previous half-year period.

Customers aged 18 to 93 were affected, the bank said.

The average loss to romance fraudsters was £4,500.

Santander customers lost £6,826,748 to romance scams in the 12 months running from August 2023 to August 2024.

Some £3,813,410 was lost between March and August this year.

It’s a natural instinct for many of us to willingly lend a financial hand to someone who we have formed an emotional bond with

Peter Staffell, Santander UK

Half (50%) of people have received unsolicited online romantic or flirtatious messages, which they suspected or have confirmed to be a scam, according to an Opinium survey of 2,000 people for Santander in July.

Nearly a third (29%) said they would offer financial help to a romantic partner they have known for less than six months.

But nearly two-thirds (65%) of people believe they would never become a victim of romance fraud.

Peter Staffell, a behavioural expert at Santander UK, said: “Scammers are experts at presenting themselves as someone you can trust, someone who ‘gets’ you.

“They play the long game, building a relationship before executing on their scam and, as our research shows, it’s a natural instinct for many of us to willingly lend a financial hand to someone who we have formed an emotional bond with.

“Then they’ve gone. The scam is complete, and the impact extends far beyond the financial losses, leaving emotional scars and often people feeling more isolated than before.

“You can take control though, a few simple checks when you first start to speak to someone, and before your emotions take hold, can reveal a lot about the person you’re speaking to and save heartache further down the line.”

Paul Gorton, a former contestant on BBC’s The Traitors, said: “In my experience, it’s surprisingly easy to build deep trust, especially when someone is charming and says all the right things.

“As we start to feel a connection, whether it’s real or not, we can end up overlooking red flags and ignore any warnings from others around us.

“Stay vigilant to spot a traitor, it’d be too easy if they simply messaged you out of the blue asking for your money. Approach any new relationship with cautious optimism, complete checks and having your wits about you at the start.”

Here are some tips from Santander to stay protected from romance and friendship scams:

1. Try to remove emotion from your decision-making. Be really careful if you are lending or giving someone money. No matter how urgent their reason might seem, it is important you think it through. Consider discussing it with a trusted friend or family member first.

2. Pictures can be edited and fake profiles can easily be made. Performing a reverse image search online can show whether the photos have been taken from another website or social media platform.

3. It could be a red flag if the person you have been talking to online will not video call or meet you in person. Fraudsters will make excuses about why this cannot happen or change plans to do so at the last minute.

4. Never send money or give card details, online account details, or copies of important personal documents to anyone you have only met online.



Source link

Tags: BankfallRomancescamsSurgeThinkingvictim
Previous Post

Girona vs Feyenoord: Preview, predictions and lineups

Next Post

Varcoe: ‘New beginning’ for South Bow Corp. as demand for oil rises

Related Posts

Justice Department Finds 1921 Tulsa Race Massacre ‘Coordinated, Systematic Attack’
Business

Justice Department Finds 1921 Tulsa Race Massacre ‘Coordinated, Systematic Attack’

January 13, 2025
Average house seller in 2024 ‘made £91,820 more than they originally paid’
Business

Average house seller in 2024 ‘made £91,820 more than they originally paid’

January 13, 2025
All the PDF Tools You Need in One Easy-to-Use App | Entrepreneur
Business

All the PDF Tools You Need in One Easy-to-Use App | Entrepreneur

January 12, 2025
Former NFL Defensive End Robert Quinn Arrested After Hit And Run
Business

Former NFL Defensive End Robert Quinn Arrested After Hit And Run

January 12, 2025
Say Hello to the PDF Multi-Tool You Didn’t Know You Needed | Entrepreneur
Business

Say Hello to the PDF Multi-Tool You Didn’t Know You Needed | Entrepreneur

January 11, 2025
HMRC self-assessment deadline fast approaching – with new rules for Vinted sellers
Business

HMRC self-assessment deadline fast approaching – with new rules for Vinted sellers

January 11, 2025
Next Post
Varcoe: ‘New beginning’ for South Bow Corp. as demand for oil rises

Varcoe: 'New beginning' for South Bow Corp. as demand for oil rises

Asset Management Firm Bitwise Files for Spot XRP ETF – Regulation Bitcoin News

Asset Management Firm Bitwise Files for Spot XRP ETF – Regulation Bitcoin News

  • Trending
  • Comments
  • Latest
NFT Market Sees Over 30% Decline in Weekly Sales – Markets and Prices Bitcoin News

NFT Market Sees Over 30% Decline in Weekly Sales – Markets and Prices Bitcoin News

May 4, 2024
Bitcoin Surges Past 0K for the First Time Since December, Hits 2,514 High – Markets and Prices Bitcoin News

Bitcoin Surges Past $100K for the First Time Since December, Hits $102,514 High – Markets and Prices Bitcoin News

January 6, 2025
Bitcoin Technical Analysis: Bulls Eye 0K as Resistance Weakens – Markets and Prices Bitcoin News

Bitcoin Technical Analysis: Bulls Eye $100K as Resistance Weakens – Markets and Prices Bitcoin News

January 5, 2025
Brentford came ´close to perfection´ in Southampton rout, says Frank – Soccer News

Brentford came ´close to perfection´ in Southampton rout, says Frank – Soccer News

January 4, 2025
VC Chamath Palihapitiya Predicts Stablecoin Adoption Will Challenge Visa’s and Mastercard’s Duopoly in 2025 – Crypto News Bitcoin News

VC Chamath Palihapitiya Predicts Stablecoin Adoption Will Challenge Visa’s and Mastercard’s Duopoly in 2025 – Crypto News Bitcoin News

January 5, 2025
MARA Holdings Loans 7,377 BTC to Third Parties Amid Bold Yield Strategy – Mining Bitcoin News

MARA Holdings Loans 7,377 BTC to Third Parties Amid Bold Yield Strategy – Mining Bitcoin News

January 5, 2025
‘Will Pay Any Amount’: Private Firefighters Are in Demand in L.A.

‘Will Pay Any Amount’: Private Firefighters Are in Demand in L.A.

January 13, 2025
Wildfires Don't Care About DEI

Wildfires Don't Care About DEI

January 13, 2025
Crypto whales verplaatsen miljoenen XRP naar Coinbase – gaat Ripple dalen door sell-offs?

Crypto whales verplaatsen miljoenen XRP naar Coinbase – gaat Ripple dalen door sell-offs?

January 13, 2025
80-year-old Louisiana teacher overwhelmed by surprise at pep rally:

80-year-old Louisiana teacher overwhelmed by surprise at pep rally:

January 13, 2025
Prince Harry and Meghan called “disaster tourists” over LA wildfires visit

Prince Harry and Meghan called “disaster tourists” over LA wildfires visit

January 13, 2025
FirstFT: Dollar hits 2-year high as interest rate assumptions change

FirstFT: Dollar hits 2-year high as interest rate assumptions change

January 13, 2025
Iced Coffee Hours

Indulge in the perfect blend of news and refreshment at Iced Coffee Hours. Sip on a daily dose of invigorating stories, expertly brewed by our passionate team of writers. Stay informed with a twist – because news should be as refreshing as your favorite iced coffee.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Cryptocurrency
  • Economy
  • Entertainment
  • Europe
  • Gossips
  • Health
  • India
  • Lifestyle
  • Middle East
  • New Zealand
  • Politics
  • Sports
  • Technology
  • Travel
  • UK
  • USA

LATEST UPDATES

  • ‘Will Pay Any Amount’: Private Firefighters Are in Demand in L.A.
  • Wildfires Don't Care About DEI
  • Crypto whales verplaatsen miljoenen XRP naar Coinbase – gaat Ripple dalen door sell-offs?
  • 80-year-old Louisiana teacher overwhelmed by surprise at pep rally:
  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Iced Coffee Hours.
Iced Coffee Hours is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • News
    • USA
    • Europe
    • Africa
    • Middle East
    • Asia Pacific
    • Canada
    • UK
    • India
    • Australia
    • New Zealand
  • Politics
  • Business
  • Health
  • Sports
  • Economy
  • Entertainment
  • Crypto
  • Tech
  • Gossips
  • Lifestyle
  • Travel

Copyright © 2024 Iced Coffee Hours.
Iced Coffee Hours is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In