Resources

What is Romance Fraud?

Romance fraud, also known as “romantic scam,” is a scheme where the fraudster contacts their victim via social media or dating sites. They then attempt to establish a relationship with the ultimate goal of extorting money.

Using seduction techniques (flattery, compliments), they build trust with the victim and express romantic feelings. Once the virtual relationship is established, the fraudster fabricates various financial problems to persuade the victim to send them money. ⁽¹⁾

According to the Canadian Anti-Fraud Centre (CAFC), romance fraud was the third type of fraud leading to the highest financial losses for Canadians in 2023 ⁽²⁾. That year, the CAFC recorded 1,135 complaints of romance fraud in Canada, totaling $50.3 million in stolen funds.

The CAFC also revealed that in Quebec, romance fraud cost individuals over 60 years of age more than $2.7 million.

In reality, the figures are likely much higher; it is estimated that less than 5% of all fraud victims report their experiences to law enforcement agencies ⁽³⁾.

Preventing Romance Fraud

Here are some tips and tricks to develop good habits and protect yourself from romantic scams.

• Be cautious when using social media and dating sites: do you really know who is behind the screen? If the fraudster claims to be from your area but says they are currently working abroad, this could be an excuse to avoid an in-person meeting.
• Never send money to a “virtual friend.” The fraudster might ask for financial help in an emergency situation, for example, to visit a sick family member. Do not give in to pressure, no matter the reason.
• Never share your banking or personal information.
• Avoid making decisions in a rush. If in doubt, discuss the situation with someone you trust.

Reporting Fraudsters

If you believe you have been a victim of romance fraud, keep records of your exchanges with the alleged fraudster. It is important to report the situation.

• Contact your financial institution.
• Report the incident to your local police department. You can also contact Info-Crime at 514-393-1133 or Crime Stoppers at 1-800-711-1800.
• File a report with the Canadian Anti-Fraud Centre by calling 1-888-495-8501.

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FADOQ wishes to remind you that the Senior-Aware program offers information sessions designed to encourage discussion and raise awareness through videos on key concepts related to senior fraud.

To learn more about the Senior-Aware program, visit the program’s website.

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Sources

(1) Fraud in 3D

(2) Canadian Anti-Fraud Centre (2024). Fraud Types Leading to the Highest Financial Losses in 2023, Bulletin of the Canadian Anti-Fraud Centre.

(3) Reporting Fraud