Romance fraud is unfortunately one of the biggest issues facing the online dating industry at the moment and it doesn’t seem to be going away anytime soon.
Every year thousands of vulnerable singles fall victim to this crime and wrongly send hundreds of millions of dollars to people they’ve met online.
Scamalytics is the world’s leading anti-fraud company that is dedicated to the online dating industry and works tirelessly to prevent these numbers from rising. It has spent years building an in-depth shared database.
This means if a scammer is detected on one dating service, they will automatically be flagged when they try and create an account on another.
Co-founder Dan Winchester appeared on The GDI Podcast to talk about what techniques fraudsters use to extract money from online daters, and how his company is evolving to protect the industry as it grows in size every day.