Romance shouldn't come with a wire transfer
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AI has helped these scams blossom. But the tax code now offers little relief for those who have lost money to a romance scam—unless it turns into an investment scam.
FOX 2 Detroit on MSN
Romance scams are booming online - what you need to know
Romance scams are a major threat all across the country. In 2024, there were 65,000 cases just reported, more than $1.1 billion.
These digital predators are exploiting vulnerable adults through social media, dating apps, and even online games, with artificial intelligence making the deceptions increasingly difficult to detect.
These cons are becoming increasingly sophisticated.
Money on MSN
Weekly scam roundup February 10, 2026: ‘Pig butchering’ and other romance scams raising concerns
Love is in the air, they say — well, that might just be the scammers waiting to pocket your money. In this first iteration of Money’s scam roundup, we go over the most notorious schemes you should watch out for this Valentine’s week.