Nigeria Ranks Second On Countries With Romance Scam With 1,129 Reports, $16.8million Fraud

Nigeria has been reported to be the second most infamous nation on the planet with romance rip-off, subsequent to the Philippines based on a research performed by a gaggle, Techshielder.

Romance or relationship rip-off has been outlined as making a pretend profile to draw somebody on-line. Fraudsters befriend victims over the web within the hope that they will get them to ship cash.

Nigeria Ranks Second On Countries With Romance Scam With 1,129 Reports, $16.8million Fraud 2

Financial features stay the one big compelling power for relationship scams among the many fraudsters. They construct belief with the victims with the goal of getting them to ship cash underneath false pretences.

Romance rip-off, also referred to as cat fishing scams, has seen an enormous enhance over the course of the pandemic.

Fraudsters haven’t solely left many individuals broken-hearted but in addition have left their pockets empty.

Techshielder analysed worldwide and home reviews to seek out the place one is most probably to fall sufferer to a relationship rip-off, in addition to the financial loss per sufferer.

The evaluation additionally revealed the place the most important fraudsters stay, the cities with the very best variety of victims and the way a lot cash is misplaced to seek out the locations it is best to keep away from when in search of love.

The analysis revealed that final yr, relationship scams price the world an enormous $218million, which works out to be a mean lack of $17,661 per sufferer.

It seems that the Philippines is accountable for the very best variety of relationship rip-off instances.

Over 1,300 romance fraud instances have been reported towards the nation, and they’re accountable for a whopping $4 million in monetary loss.

Ranking in second place is Nigeria. With a inhabitants of 201 million, Nigeria has accounted for 1,129 reviews of scams. The complete amount of cash misplaced on account of Nigerian relationship scams is a staggering $16.8 million, this totals to a mean loss per sufferer of $14,892.

Rounding off the highest three is Canada. The world’s second-largest nation has taken $7.8 million out of love-seekers pockets and has damaged 1054 hearts on account of catfishing.

At the opposite finish of the dimensions, now we have the European nation of Iceland. The nation has solely accounted for a complete of 1 case of relationship rip-off and has stolen no cash in any respect.

The research additionally the United Kingdom has scammed probably the most amount of cash with romance scams. Nigeria is third on the cash scale.

United Kingdom ($34,124,000 reported misplaced from victims)

Turkey ($25,668,000)

Nigeria ($16,814,000)

China ($15,195,000)

Ghana ($11,425,000)

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Nigeria Ranks Second On Countries With Romance Scam With 1,129 Reports, $16.8million Fraud

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