Barclays Scams Bulletin: Romance scam reports rise 20 per cent as online dating hits 30-year anniversary
— Barclays Scams Bulletin: Romance scam reports rise 20 per cent as online dating hits 30-year anniversary
One in 10 UK adults have been targeted, or know someone who has been targeted, by a romance scam
In the first quarter of 2025, romance scams were up 20 per cent year-on-year
Victims lost £8,000 on average last year, increasing to £19,000 for those 61 and over
Three quarters of consumers want tech companies to do more to prevent romance scammers on their platforms
The Barclays Scams Bulletin tracks scam data across personal and business current accounts, paired with expert commentary from Barclays digital safety experts
Avoiding Investment and Payment Scams Online
— Takeaways
We are sharing tips and product tools across Facebook Messenger, WhatsApp and Instagram to help people avoid online investment and payment scams.
Since the start of 2024, we have detected and disrupted over seven million accounts associated with scam centers across Myanmar, Laos, Cambodia, the United Arab Emirates and the Philippines.
To help protect people targeted by scammers across the internet, we’re also supporting the FBI’s Level Up program, which aims to minimize financial loss from investment scams linked to known scam centers.