The classic romance scammer befriends a victim online and sweet-talks them into a strong, personal long-distance relationship.
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These con artists are experts at psychological manipulation and will do anything to get money off their targets, even meeting up in person and having offline relationships to secure a steady stream of money.” Business threat: Whilst not many people fall for these scams, plenty experience them in the form of improbable profiles and dubious approaches.
The result is early churn from users who might otherwise convert or maintain a longer subscription, not to mention a reputational threat when the media spots obvious fakes on a dating site.
Business threat: Worst case scenario is the dating site loses the user to the cam site.
However, the remaining users can be left wondering if there are any genuine women on the dating site – and either don’t convert, or churn early.
Business threat: Affiliate budget is wasted on worthless profiles; bad experience for the genuine users.
Organized scammers use stolen cards to gain full access to the target dating site.
Scammers will also test stolen cards on sites with no product to physically fulfil, making dating sites an ideal target.
Business threat: Higher banking fees and chargebacks. Born in Newcastle, he has an English degree from Queen Mary, London and after working for the NHS, trained as a journalist with the Press Association.
A relatively new type of fraud, becoming increasingly well organized.