Thousands of men and women meet online every day. Online dating sites are for genuine people looking for love. But, there are a few rotten eggs that spoil it and attempt to scam innocent people. Catfishing — and phenomenon specifically in online dating — is where genuine users have their online identity stolen. In some cases, dating fraudsters lure other users into online relationships, leading to several kinds of identity fraud by obtaining credit card, bank and finance information. With catfishing become a mainstream phenomenon, the pressures and challenges that online dating business face to ensure the identity of users is all the more significant. The popularity of online dating services is rising rapidly, with dating apps racking up billions of pounds in value. Unsurprisingly, along with the growth of the business model, online dating fraud is also gaining traction.

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Around 7. But just as dating app users are at an all-time high, so is the number of people becoming victims of online dating fraud. Con artists are increasingly creating fake online profiles and tricking people on dating sites into handing over often large sums of money. One of the most common techniques is to build up trust with the person by messaging for weeks or even months before suddenly having an emergency – the fake person being mugged but their daughter needing urgent surgery, for example – and asking for money.

But then they suddenly need money for rent too, then food, then medical fees, and it can quickly escalate. Serious fraudsters sometimes even create further fake profiles and use them to be rude to you, all to make the main fake profile seem more desirable.

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Online Dating: Identity Verification Puts An End To Catfishing

Attempts to gain your personal information Scammers use all kinds of sneaky approaches to steal your personal details. Once obtained, they can use your identity to commit fraudulent activities such as using your credit card or opening a bank account. Buying or selling Scammers prey on consumers and businesses that are buying or selling products and services.

Not every transaction is legitimate. They play on emotional triggers to get you to provide money, gifts or personal details.

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