People looking for love online are being warned to remain vigilant in the face of romance scams, as the average financial loss for victims is nearly £12,000.
According to Nationwide Building Society, the average amount of money victims are losing through romance scams has more than doubled from £4,720 in 2021 to £11,796 in 2022.
A recent study shows that 58% of Brits have handed over their personal information that has cost them financially through new online scams, and almost a third of those who said they were successfully targeted are under 35 year olds.
Dating apps and the Domino Pizza scams were most popular with 22% of those successfully targeting victims.