The Fraud Files: Romance Scams

Impersonation scams are commonly reported. How they work is a fraudster pretends to be someone else in order to get money or information out of you.

Loan scams are one of the most common types of scams reported. They typically occur when a fraudster uses a fake website to obtain a person's online banking credentials.

Imposter scams work by playing on people’s fears and emotions about situations that matter to them and creating a sense of urgency to frighten the victim into making a rash decision.