Cyberattacks against accounting software firm Wolters Kluwer and the City of Baltimore in May showed how the newest wave of malicious hacking can have significant, often...Technologyread more
The European parliamentary election is the second largest democratic exercise in the world.Europe Newsread more
Biden had criticized Kim Jong Un as a "dictator" and a "tyrant" at a recent rally in Philadelphia. North Korean state media responded by calling Biden a "fool of low IQ" among...Politicsread more
Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
Few things can kill the mood like being scammed.
Yet Valentine's Day, and the days leading up to it, are the peak season for fraudsters who prey on the heart strings, and purse strings, of those looking for love online.
The FBI's Internet Crime Complaint Center said it received 15,000 romance scam complaints in 2016 alone, according to the most recent data ― a 20 percent increase from the previous year.
The most common type of scam involves an online profile that projects a potential suitor as employed, affluent and trusting, according to Sandra Bernardo, consumer education manager at Experian.
"Once the scammer has established trust with the target, they unveil a money problem," Bernardo said. "They might need money to come visit or they might have a sick relative; it can range."
Other types of Valentine's Day ruses include phony florists asking for your credit card information or e-cards directing you to suspicious sites, according to Consumer Reports. Cybersecurity provider Webroot found a 220 percent increase in malicious URLs the week before Feb. 14.
Romance scams now account for the highest financial losses of all internet-facilitated crimes, according to the FBI.
Losses exceeded $230 million in 2016, yet the bureau estimates that only a fraction of crimes are even reported, putting the likely actual number much higher.
The most common target of online dating scams are women over age 40 who are divorced or widowed, according to the FBI.
Bernardo offers these tips to steer clear of any so-called sweetheart scams:
If you believe you are the victim of an online dating scam, report it to the dating site and file a complaint with the FBI's Internet Crime Complaint Center.