This specific type of scam happens when fraudsters convince innocent victims that they are romantically interested in them and eventually con them out of money. In this day and age, romance scams are usually carried out online with fraudsters creating fake profiles to lure in unsuspecting people. Santander is attempting to educate its customers on how to spot these dangerous scams.
The bank is warning that scammers play the long game with their victims in order to build trust and secure any money they can.
Many fraudsters create a reason why they cannot meet their “partner” but will also invent a reason to ask for financial help after an emotional attachment has been made.
Despite promising to repay their loved one back, fraudsters…