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Romance fraud costs UK victims £102 million in a year as reports surge by nearly a third

·Source: Finextra

Updated:

Executive Summary

Victims of romance fraud lost more than £102 million last year, as criminals continue to exploit online relationships to manipulate people into transferring money, new figures from the City of London Police reveal.

Analysis

Victims of romance fraud lost more than £102 million last year, as criminals continue to exploit online relationships to manipulate people into transferring money, new figures from the City of London Police reveal.
Source Attribution

Originally published by Finextra on May 7, 2026.

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