Online Dating Scams: A Billion Dollar Global Industry

Want the secret on how to make money online fast? Create a fake dating profile of an attractive person living an adventure filled lifestyle and scam people out of hundreds of thousands of dollars.Show more

That's how to make money online. But I would hope that none of you will pursue this path to making money using online dating because it's a terrible scam that is going on around the country.

Thankfully, there are amazing investigative journalists that are tracking these scammers in their countries and putting an end to this. Many have been arrested recently.

The online romance dating scams is a billion dollar industry based on the figures I've tallied up from all of the victims claiming their losses and sources describing that only about 1% of victims actually share their story to authorities.

In this video, I share a few stories of scammers making money online dating by scamming innocent, vulnerable victims into sending them money for bogus fees and expenses.

A few people highlighted in this video were conned out of hundreds of thousands of dollars with one lady losing out on over $1 million.

The excellent resources that I used for this video:

ABC News In-Depth:
Meet the scammers breaking hearts and stealing billions online | Four Corners
https://www.youtube.com/watch?v=U4kCN7TZ6us

True Stories:
Casanova Conman | How Hamish McLaren swindled over $70 million from across the world | Sunday Night
https://www.youtube.com/watch?v=JKkZwLAoo9U

Official W5:
The Invisible Man: Uncovering a global online romance scam
https://www.youtube.com/watch?v=xzqXdXZB_N0

Insight SBS:
The dangers of romance scams and how not to get caught out.
https://www.youtube.com/watch?v=5g0W6NWQEcA

ABC News:
Woman says she was swindled out of $200K by man she met on Tinder
https://www.youtube.com/watch?v=lbhsxGSHUc8

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