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State of Online Scams 2020

State of Online Scams 2020

May 25th, 2023
Scams & Fraud
State of Online Scams 2020

Catfishing is when someone fakes their identity online to scam victims for money, to get revenge on someone, or are insecure about themselves.

These online relationships may last for months or even years!

Victims of romance scams have increased by 50% in 2018 compared to three years ago, despite the increase of awareness on the subject.

State by State Comparison of Victims

This list was compiled from the FBI’s IC3 data ranking the states with the highest reported catfish victims:

[bctt tweet=”California is the worst state for getting catfished, with over 2K complaints made in 2018″ username=”socialcatfish”]

Top 10 States with the Most Victims

The top 10 states with the most catfish victims are: California (2,105), Texas (1,238), Florida (1,191), New York (782), Pennsylvania (577), Washington (493), Virginia (480), Michigan (461), Illinois (463), and North Carolina (432):

[bctt tweet=”California received 2,105 reports of romance scams in 2018″ username=”socialcatfish”]

State by State Comparison of Victim Loss

This table was compiled from the FBI’s IC3 data ranking the states with the highest reported financial loss from romance scams:

[bctt tweet=”$2,600 – The median reported loss to romance scams is about seven times higher than for other frauds” username=”socialcatfish”]

Top 10 States with the Most Victim Loss

The top 10 states with the most catfish victims are: California ($214.2M), Texas ($115.7M), Florida ($110.6M), New York ($88.6M), Arizona ($59.4M), Washington ($43M), Illinois ($42.9M), New Jersey ($40.4M), Colorado ($39.9M), and Massachusetts ($39M):

[bctt tweet=”Californians reportedly lost $214.2M from romance scams in 2018″ username=”socialcatfish”]

Number of Victims by Age Range

This graph, compiled from the FBI’s IC3 2018 report, shows the number of romance scam victims and loss by age range:

[bctt tweet=”People over the age of 60 lost over $342M from catfish scams in 2018″ username=”socialcatfish”]

Romance Scam Reports Over Time

The line graph below visualizes the number of romance scam complaints and reported losses between the years 2015 to 2018 taken from data by the FTC:

[bctt tweet=”Reports more than doubled and reported losses increased more than fourfold from 2015 to 2018″ username=”socialcatfish”]

Comparison of Romance Scam Reports from IC3 and the FTC

The table below compares the number of romance scam complaints and reported financial loss made to the FTC and the FBI’s IC3 between 2015 and 2018:

[bctt tweet=”Between 2015 to 2018, romance scam victims reportedly lost $1.3B” username=”socialcatfish”]

Sources:

Working on a Romance Scam Story? We Can Help!

We have a lot of data and insight, and we love talking about how to stop romance scams. If you’re working on a story and need help from us, we’d love to hear from you.

Do You Suspect You’re Talking to a Catfisher Online?

Try Social Catfish’s reverse lookup below! It’s the tool where thousands go to verify the identity of the person they’re talking to online.

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