“Once you’re on the hook, a scammer will reel you in as long as you take the bait. The internet presents a whole range of risks for consumers looking for love. The ACCC [Australian Competition and Consumer Commission] reported Australians lost $21 million to dating and romance scams in 2011. The average loss for a victim reporting a scam to the ACCC was more than $20,000.”
Romance scams are so rampant in Australia, that the ACCC now requires online dating sites to display scam warnings and will threaten action against companies that fail to comply.
Scammers target victims by creating fake profiles on legitimate internet dating services.
The ACCC warns once you are in contact with a scammer, they will express strong emotions in a relatively short period of time and will suggest you move the relationship away from the website, to phone, email and/or instant messaging. Scammers often claim to be from Australia, but travelling or working o/s.
“They will go to great lengths to gain your interest and trust, such as sharing personal information and even sending you gifts. Scammers may take months, to build what seems like the romance of a lifetime. They will then ask you for money, gifts or your banking/credit card details.” the ACCC warns on their website.[ii]
The ACCC says scammers can site various reasons for needing money, including to cover the costs associated with non-existent accidents and illnesses, various fees and charges associated with precious goods such as diamonds, gold bullion and gemstones, or to arrange a meeting which never occurs.
Mr Doessel says it is not always easy to forget a romance scam if the fraud has impacted your credit file.
“If you fall victim to identity theft, you are hit three times – you may have lost a large sum of money, secondly you may be emotionally heartbroken, then thirdly you are locked out of credit for 5 years because of defaults on your credit file.”
“You may not even get a mobile phone plan if you can’t prove you didn’t initiate the credit in your name,” he says.
The ACCC’s SCAMwatch outlines some ways people can protect themselves when dating online:
– ALWAYS consider the possibility that the approach may be a scam…Try to remove the emotion from your decision making no matter how caring or persistent they seem.
– Talk to an independent friend, relative or fair trading before you send any money. THINK TWICE before sending money to someone you have only recently met online or haven’t met in person.
– NEVER give credit card or online account details to anyone by email.
– Be very careful about how much personal information you share on social network sites. Scammers can use your information and pictures to create a fake identity or to target you with a scam.
– If you agree to meet in person, tell family and friends where you are going…
– Where possible, avoid any arrangement with a stranger that asks for up-front payment via money order, wire transfer or international funds transfer. It is rare to recover money sent this way.
-If you think you have provided your account details to a scammer, contact your bank or financial institution immediately.
– Money laundering is a criminal offence: do not agree to transfer money for someone else.
If you think you may be ‘dating’ a scammer, contact the ACCC on 1300 795 995 and if you have given over money, contact Police immediately.
MyCRA Credit Rating Repair’s website also contains information on identity theft and your credit rating www.mycra.com.au.
Graham Doessel – Ph 3124 7133
Lisa Brewster – Media Relations firstname.lastname@example.org
http://www.mycra.com.au/ 246 Stafford Road, STAFFORD QLD.
Ph: 07 3124 7133
MyCRA Credit Repair is Australia’s number one in credit rating repairs. We permanently remove defaults from credit files.
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