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Women are more romantic, men are more often victims of investment fraud

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Women are more often victims of romantic scams, men of investment fraud
Among the victims of cyber fraud, women are more often targeted by romantic scams, while men mainly fall for investment-related deceptions. This was reported by Zamin.uz.

Many associate fraud only with the theft of bank card information or interception of codes sent via SMS. However, there are many different types of internet fraud, and they vary, including differences based on gender.

Romantic scams are among the most common types. In this method, fraudsters create fake profiles on social networks or dating sites and establish emotional closeness with people.

Later, under various pretexts, they ask for money, especially deceiving women who suffer from loneliness. According to statistics, women are more likely to fall victim to this type of fraud.

The second major group consists of investment and financial scams. In this method, deceivers present themselves as traders or crypto experts, demanding large sums of money with promises of easy profits.

More men, especially those over 30 years old, fall victim to such scams. Fraud related to online shopping is also widespread.

Fake online stores offer cheap goods, but after payment, the products are either not delivered or are of poor quality. Additionally, personal data theft is also possible.

In technical support scams, the fraudster introduces themselves as a Microsoft, Apple, or bank employee, claims the computer has a virus, and demands the installation of software. As a result, money is requested or the device is taken under control.

Older individuals are more often deceived in these types of scams. According to Australia's ScamWatch data, women account for 54.9% of victims in romantic scams, with over 75% of the total losses affecting women.

At the same time, men tend to lose larger amounts on average. For example, in 2024, women in Australia suffered losses of 20.1 million dollars from romantic scams, while men lost 13.3 million dollars.

In a major criminal case in Manila, the capital of the Philippines, it was revealed that over 5,000 men were deceived with promises of quick wealth through cryptocurrency. Research shows that people who are mentally vulnerable and seeking emotional support are more likely to become victims of fraud.

In conclusion, the increasing variety of cyber fraud poses a significant threat to various layers of society. Therefore, everyone should be very cautious about offers of easy income or emotional closeness on the internet.

Continuous awareness is necessary to protect personal data online and to guard against fraud.
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