{"id":12934,"date":"2024-10-04T12:44:47","date_gmt":"2024-10-04T19:44:47","guid":{"rendered":"https:\/\/www.soundcu.com\/?p=12934"},"modified":"2025-10-27T12:24:46","modified_gmt":"2025-10-27T19:24:46","slug":"romance-scams-broken-hearts-empty-pockets","status":"publish","type":"post","link":"https:\/\/www.soundcu.com\/blog\/romance-scams-broken-hearts-empty-pockets\/","title":{"rendered":"Romance Scams: Broken Hearts, Empty Pockets"},"content":{"rendered":"<div class=\"co-flex_row co-flex_row__blue co-flex_row__long-form-text co-flex_row__next_row__blog-contributors\" >\n\t<div class=\"co-flex_row--row co-row\">\n\t\t\t<div class=\"co-long_form\">\n\t\t\t\t\t<div class=\"co-long_form--block co-long_form--block__nomedia prow items-start \">\n\t\t\t\t<div class=\"co-long_form--text pcol-md:8\">\n\t\t\t\t\t<div class=\"co-long_form--content\"><h2><strong>Romance Scams: Broken Hearts, Empty Pockets<\/strong><\/h2>\n<p>Love and romance have a universal appeal, from timeless quotes in classic movies to the hope of finding true love in real life. Unfortunately, this openness to love can also make individuals vulnerable to romance scams, where scammers exploit emotional connections to manipulate their victims into providing financial support, often leaving them penniless.<\/p>\n<p>Romance scams often begin with an unsolicited communication that could be in the form of a random text message, instant message in an online game, or friend request on social media.\u00a0 The scammer often portrays themself as a well-educated, successful and caring individual.\u00a0 Shortly after contact is made, there is an intense outpouring of affection by the scammer, creating a sense of deep emotional connection for the victim. The scammer will be quick to declare their love, and often introduce conversations of marriage very early.<\/p>\n<p>There are increasing reports of scammers portraying themselves as royalty, wealthy millionaires, oil rig workers, and even philanthropists doing charity or curing incurable diseases in other countries.\u00a0 Once a strong emotional connection is in play, scammers will often start engaging in discussions about finances. The requests start small, and then followed by a large monetary request.\u00a0 These often fall into two categories:<\/p>\n<ol>\n<li><strong>Crisis<\/strong> \u2013 family emergency, a close family member has become ill, and the scammer is struggling with meeting the financial demands to assist with healthcare and then eventually funeral expenses.<\/li>\n<li><strong>Opportunities<\/strong> \u2013 a one in a lifetime financial or career opportunity has presented itself, and the scammer, for various reasons, doesn\u2019t have access to their funds or the funds of grant or another subsidy.<\/li>\n<\/ol>\n<p>The victim is often more than eager to assist as a result of the trust and emotional connection.\u00a0 Reports indicate victims often will cash out investments, sell their homes, and dip into their retirement savings.\u00a0 Romance scammers will request that the money be sent through channels that are difficult to get back to victims.\u00a0 These include asking for gift card PINs, wire transfers, or cryptocurrency.<\/p>\n<p>The scammers often maintain the emotional connection as long as money continues to flow. However, once the victim is financially depleted, the scammer vanishes, leaving the victim penniless and potentially homeless, forced to rebuild their financial security.<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Tips to avoid being a victim of a romance scams include:\u00a0<\/strong><\/h3>\n<ul>\n<li>Be suspicious of unsolicited contact through electronic channels.<\/li>\n<li>Never send money, gift cards, or bank transfers to someone you&#8217;ve never met in person.<\/li>\n<li>Never disclose bank account information to someone you\u2019ve never met in person.<\/li>\n<li>If you do meet someone online, be suspicious of constant excuses for why in person meetings are not possible.<\/li>\n<li>Conduct a reverse image search on any pictures shared.<\/li>\n<li>Pay attention to spelling and grammar in written communication.<\/li>\n<li>Be suspicious of investment opportunities, especially ones too good to be true, these often involve a cryptocurrency component.<\/li>\n<li>Confide in family and friends if you grow suspicious.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><strong>If you\u2019ve been or someone you know is being affected by a romance scam, you can urge them to: <\/strong><\/h3>\n<ul>\n<li>Stop all contact with the scammer immediately.<\/li>\n<li><a href=\"https:\/\/www.soundcu.com\/contact\/\">Contact your local credit union<\/a> for assistance in protecting your account. It may be too late to recover any funds; however, your credit union will work with you to see if there is any recourse.<\/li>\n<li>Organize records of communication with the scammer.<\/li>\n<li>Reporting the incident to relevant local authorities.<\/li>\n<li>Submit a complaint to FBI\u2019s Internet Crime Complaint Center (IC3) at: <a href=\"https:\/\/www.ic3.gov\/Home\/FileComplaint\" rel=\"noopener\">https:\/\/www.ic3.gov\/Home\/FileComplaint<\/a> and Federal Trade Commission at <a href=\"https:\/\/reportfraud.ftc.gov\/\" rel=\"noopener\">https:\/\/reportfraud.ftc.gov\/.<\/a><\/li>\n<li>Seek support from trusted family and friends.<\/li>\n<li>Seek education on different scam strategies to reduce your chances of being victimized again.<\/li>\n<\/ul>\n<p>At Sound Credit Union, we are committed to safeguarding members information and empowering members with awareness of scammer tactics to better deter and avoid being a victim.<\/p>\n<p>&nbsp;<\/p>\n<h3>External Resources:<\/h3>\n<p>Federal Bureau of Investigation (FBI): <a href=\"https:\/\/www.fbi.gov\/how-we-can-help-you\/scams-and-safety\/common-frauds-and-scams\/romance-scams\" rel=\"noopener\">https:\/\/www.fbi.gov\/how-we-can-help-you\/scams-and-safety\/common-frauds-and-scams\/romance-scams<\/a><\/p>\n<p>Federal Trade Commission (FTC): <a href=\"https:\/\/consumer.ftc.gov\/articles\/what-know-about-romance-scams\" rel=\"noopener\">https:\/\/consumer.ftc.gov\/articles\/what-know-about-romance-scams<\/a><\/p>\n<p>Department of Homeland Security: (DHS)<a href=\"https:\/\/www.dhs.gov\/hsi\/insider\/romance-scams-protect-yourself\" rel=\"noopener\">https:\/\/www.dhs.gov\/hsi\/insider\/romance-scams-protect-yourself<\/a><\/p>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\n\t<\/div>\n<\/div>\n\n\n<div class=\"co-flex_row co-flex_row__last co-flex_row__blog-contributors\" >\n\t<div class=\"co-flex_row--row co-row\">\n\t\t\t<div class=\"co-blog_contributors\">\n\t\t\t\t\t<div class=\"co-blog_contributor\">\n\t\t\t\t<div class=\"co-blog_contributor--img_wrap\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/www.soundcu.com\/files\/HomanCharlene_scu-86_300x300.jpg\" class=\"co-blog_contributor--img\" alt=\"Charlene Homan Sound Credit Union Risk Management &amp; Compliance\" srcset=\"https:\/\/www.soundcu.com\/files\/HomanCharlene_scu-86_300x300.jpg 300w, https:\/\/www.soundcu.com\/files\/HomanCharlene_scu-86_300x300-150x150.jpg 150w, https:\/\/www.soundcu.com\/files\/HomanCharlene_scu-86_300x300-75x75.jpg 75w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/div>\t\t\t\t<div class=\"co-blog_contributor--content\">\n\t\t\t\t\t<h3 class=\"co-blog_contributor--name\">Charlene Homan<\/h3><div class=\"co-blog_contributor--title\">VP Risk Management &#038; Compliance<\/div><div class=\"co-blog_contributor--bio text-component\"><p>Charlene Homan serves as the Vice President of Risk Management and Compliance at Sound Credit Union, where she leads compliance initiatives and oversees risk management strategies, including BSA compliance, fraud prevention, quality assurance, and enterprise risk management. With over 15 years in the credit union industry, Charlene has advanced from an entry-level position to her current leadership role, demonstrating comprehensive understanding of credit union landscape that supports Sound Credit Union&#8217;s values while ensuring a strong commitment to regulatory compliance and risk management.<\/p>\n<p>As Sound&#8217;s appointed Compliance Officer, Charlene ensures adherence to all relevant laws and regulations while providing essential oversight on compliance issues, with the overarching goal of effectively serving members. She actively engages in professional development by attending key industry conferences and training programs. She is passionate about supporting her teams to create awareness to the membership and surrounding communities, with the intent to empower individuals to protect themselves from common scams and other fraud activities.<\/p>\n<\/div>\t\t\t\t\t\t<div class=\"co-blog_contributor--social\">\n\t\t\t\t\t\t\t<span>Connect<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.linkedin.com\/in\/charlene-homan-1a856662\/\" class=\"co-social_share--link\" target=\"_blank\" rel=\"noopener noreferrer\" aria-label=\"LinkedIn\">\n\t\t\t\t\t\t\t\t\t<svg class=\"icon-svg\" viewBox=\"0 0 24 24\" role=\"img\" aria-label=\"Icon LinkedIn\">\n\t\t\t\t\t\t\t\t\t\t<use xlink:href=\"https:\/\/www.soundcu.com\/wp-content\/themes\/soundcu-theme\/images\/sprite-icons.svg#linkedin\" \/>\n\t\t\t\t\t\t\t\t\t<\/svg>\n\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>An openness to love can make individuals vulnerable to romance scams, where scammers exploit emotional connections for financial gain. Here&#8217;s how to protect yourself. <a href=\"https:\/\/www.soundcu.com\/blog\/romance-scams-broken-hearts-empty-pockets\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":13,"featured_media":12935,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_searchwp_excluded":"","footnotes":""},"categories":[50],"tags":[],"class_list":["post-12934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-life-finances"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/posts\/12934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/comments?post=12934"}],"version-history":[{"count":7,"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/posts\/12934\/revisions"}],"predecessor-version":[{"id":17393,"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/posts\/12934\/revisions\/17393"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/media\/12935"}],"wp:attachment":[{"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/media?parent=12934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/categories?post=12934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.soundcu.com\/wp-json\/wp\/v2\/tags?post=12934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}