Romance and crypto scams surge on Canadian dating apps

Canadian authorities warn against discussing cryptocurrency investments with online matches, advising that such conversations should be considered a red flag.

Crypto scammers are desperately trying to hit it off with Canadians on dating apps and websites this summer.  However, many hopeless romantics are paying a hefty price in the process.

The Canadian Anti-Fraud Centre (CAFC) noticed an increase in two particular types of crypto scams targeting Canadian citizens — pig butchering, or romance scams, and investment scams.

The CAFC and the Canadian Investment Regulatory Organization (CIRO) jointly issued a warning about the sophisticated scams, “particularly those involving extended online communication.”

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Canadian authorities warn against discussing cryptocurrency investments with online matches, advising that such conversations should be considered a red flag.
Crypto scammers are desperately trying to hit it off with Canadians on dating apps and websites this summer.  However, many hopeless romantics are paying a hefty price in the process.The Canadian Anti-Fraud Centre (CAFC) noticed an increase in two particular types of crypto scams targeting Canadian citizens — pig butchering, or romance scams, and investment scams. The CAFC and the Canadian Investment Regulatory Organization (CIRO) jointly issued a warning about the sophisticated scams, “particularly those involving extended online communication.”Read more