TSB bank has warned those aged between 51 and 65 to be extra vigilant with their finances.
The age range accounted for nearly half of the amount of money reported lost to romance fraud in 2022, according to TSB. Scammers will create fake profiles on dating websites and social media and spend time building trust with people looking for a relationship before asking for cash.
Analysis by TSB among its customers found the average length of time between the first and last payment being made to a romance fraudster by their victim is 53 days. Multiple payments over periods of time are common within romance scams.
