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February 24, 2022

Scammers disguise themselves in many ways. One of those is by initiating a Romance Scam. This confidence trick involves the scammer creating a fake online identity, gaining the affection and trust of their victim, and then asking for money. Romance scams are on the rise lately with gift cards being one of the most requested payments from the scammer. Recently, the Federal Trade Commission has seen an increase in cryptocurrency usage as payment as well. Find out more about the rise in Romance Scams from the ABA Banking Journal. Our bankers will do their best to spot these scams and ask questions to prevent financial loss to the victims. You can help us by having a healthy level of skepticism when someone you’ve recently met asks for money.