Romance Fraud, Romance Scam or confidence fraud.

What is Romance Fraud, Romance Scam or confidence fraud ?

"Romance fraud is a kind of scam led through social engineering techniques, used to leverage emotional relationships, to subsequently obtain financial gain or services. While people roam online to find love and companionship, scammers have found a way to make money out of it. And the business is booming. Although it is not a recent phenomenon, romance fraud has been increasingly popular, especially during COVID 19 crisis, where some people expressed emotional distress and loneliness."
https://www.idnow.io/glossary/romance-fraud/

How Romance Fraud has become Multi Million Dollars industry?

"According to a report by the FBI’s Internet Crime Complaint Center, these hoaxes accounted for $475 million in damages in 2019. This jaw-dropping number stems from a data set of nearly 20,000 complaints submitted to the agency. As some of those scammed may choose not to spread the word about their mishaps, the actual breadth and depth of the issue could be much more impactful."

The logic behind romance scams

"To set this abuse in motion, scammers take advantage of people who are looking for a romantic relationship on dating sites, social media, and flirt apps. Incidentally, romance scammers may use “exotic” methods to get in touch with would-be victims.
A particularly unorthodox technique is to establish a contact in crowded places via wireless communication services such as Apple’s AirDrop feature. Once a target is on the hook and does not mind playing along, the malefactor will try to move the foul play online."

https://www.forbes.com/sites/davidbalaban/2020/09/11/romance-scamshalf-a-billion-in-annual-losses-and-growing/

Comments

She Stitched Wounds With Empty Hands—And Lost All Nine of Her Children

In Gaza, where the sun rises over ash and broken concrete, where lullabies are drowned by the sound of drones, lived a woman whose hands brought healing to children even as the world around her collapsed. Her name was Dr. Alaa — a pediatrician , a mother , a lifeline in the middle of hell. And she has become a symbol of both the highest form of love and the deepest human suffering. Nine children. All hers. All dead. Killed in a single Israeli airstrike. Not soldiers . Not fighters . Just children — tucked beneath blankets, seeking safety that never came. She was saving children in the hospital when her entire world was bombed out of existence. “ Mama, when will this end?” Her youngest had asked her this just days before the strike . He was five . He used to draw little suns on the wall with crayons , yellow and smiling — a child who believed light could still live here. One of the child of Dr. Alaa. Dr. Alaa hadn’t answered. Because she didn’t know. She hadn’t...

Shot While Starving: Gaza’s Desperate March Toward Death.

"A Famine By Design: The Engineered Starvation and Killing Fields of Gaza" “It was like a battlefield full of blood and injured — everyone was lying on the ground, everyone screaming and everyone shouting.” — Jamal Azzam, nurse, Red Cross Hospital in Rafah On Tuesday morning, Israeli soldiers opened fire near a food distribution site in Rafah, southern Gaza, killing at least 27 Palestinians. It was the second such massacre in just three days . Only two days prior, 23 more were gunned down at the same location — a place that should have offered hope , not horror . The victims? Not militants . Not armed men. But starving civilians , many of them walking miles in the dark hoping to secure a single box of food . Their only crime was approaching aid, too hungry to wait. This is not war. This is calculated cruelty . 🔻 A System Designed to Fail — and to Kill The killings are the latest bloodshed under a new, deeply controversial food distribution system , jointly ...

When Two Lives Matter More Than Seventy – A Night of Massacres in Gaza

When Two Lives Matter More Than Seventy On the same night that the world’s media was awash with breaking news about the tragic killing of two foreign diplomats in Washington D.C. by an American citizen—a horrific incident that drew immediate outrage, blanket media coverage, and solemn condemnations from every major capital— something else happened . In Gaza, 70 Palestinians were killed . Seventy human beings. Mothers, fathers, babies in their mother’s arms, and children huddled in fear inside a school they believed would protect them. The Fahmi al-Jarjawi School in Gaza’s Al-Daraj neighborhood was struck by Israeli warplanes. At least 36 displaced people were massacred , their bodies pulled from under the rubble, their lives extinguished without a moment’s pause. And yet, as the world grieves two diplomats, it forgets seventy Palestinians in a single night. Mainstream outlets offered wall-to-wall coverage of the Washington incident: live updates, expert panels, somber editorials....

The Body Is Failing, and So Is Humanity: Gaza’s Final Cry.

When Food Is No Longer Enough: Gaza’s Descent Into Clinical Starvation “We are reaching a point where children and adults won’t be saved with pallets of food dropped from planes.” — Jake Wood , humanitarian leader and former head of the Gaza Humanitarian Foundation 🔥 Gaza Is Starving — And We’ve Let It Happen Gaza is not just facing hunger. It is collapsing into famine —and the world is watching in silence. According to the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) , 100% of Gaza’s population is now at risk of famine . Every single man, woman, and child. This is not a statistic. It’s a death sentence delivered in slow motion. 🩸 Ketones in the Urine. Organs Shutting Down. Hope Evaporating. Children in Gaza are now excreting ketones —a biochemical scream from a starving body. It means they’ve burned through fat reserves. Their bodies are consuming themselves. You can’t fix that with a bag of flour. What they need now is clinica...

RUSSO UKRAINE WAR AND ITS PRFOUND IMPACTS ON THE U S. ECONOMY IN PERSPECTIVE OF SUPPLY CHAIN DISRUPTIONS, RISING COSTS, INFLATION AND ULTIMATELY THREAT OF RECESSION.

Key points: a. Russia is the world largest global wheat exporter, accounting for more than 18 percent of international exports. b. In 2019, Russia and Ukraine together exported more than a quarter (25.4 percent) of the world’s wheat, according to the Observatory of Economic Complexity ( OEC ). c. The Russo-Ukraine war has had profound impacts on the U.S. economy, particularly through supply chain disruptions, rising costs, inflation, and the threat of recession. Here's a deeper look into these aspects: Supply Chain Disruption: The war has significantly disrupted global supply chains, affecting the flow of goods and raw materials. Key industries such as energy, food, and semiconductors have been particularly impacted¹. For instance, the war has led to shortages and delays in the supply of wheat, corn, and other essential commodities². This disruption has caused bottlenecks and inefficiencies, leading to higher costs for businesses and consumers alike¹. Risi...

Ainnbeen

Search This Blog