Skip to content
Tuesday 25 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,878.70
+0.22%
DAX
26,303.19
+0.75%
CAC 40
8,449.09
-0.05%
STOXX 50
6,461.14
+0.20%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Friday 12 February 2016 12:02 am

Fraudsters are taking advantage of lonely singles on Valentine’s Day

By: Emma Haslett

Add as a preferred source on Google

Haven't completely lost your faith in humanity yet? We suggest you sit down…

Research by KPMG has found dastardly fraudsters are using dating sites to target lonely singles on Valentine's Day. In fact, according to its fraud barometer, people lost £3.2m to dating scams in 2015.

One fraudster conned five women out of £180,000 – and used the money to fund an "extravagant lifestyle". 

KPMG urged people with profiles on dating sites (and, ahem, apps) to be wary of people who claim to be overseas or unable to meet, and warned them never to give any money to anyone. 

Read more: Uh oh, there's bad news for Valentine's Day truffle buyers

“Fraudsters are posing as lonely hearts with the sole intention of seeking out the trusting and vulnerable and taking advantage of their good nature. By manipulating this technology they target multiple victims at the same time, while keeping costs and overheads low," said Chris Wheeler, forensic director of KPMG.

“While operators of sites need to do what they can to protect users, individuals also need to keep their details safe and never part with money or financial information to these would be Lotharios.

“We have seen numerous innocent people looking for love lose their life savings. However, these criminals rob their victims of far more than just money, destroying their confidence and trust in others.”

Er, happy Valentine's Day, everyone…

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Tech

Trending Articles

  • Andy Burnham hints at tax rises in Autumn Budget

  • Can debt-ridden Morrisons become a Big Four supermarket again?

  • Budget 2026: Which taxes will Burnham and Healey hike?

  • As it happened: Stocks rally; US to unveil ‘economic D-Day’ Iran sanctions

  • FTSE 100 Live: Stocks jump in best streak since May; Vistry, Melrose lead risers

More from Morning Wire

  • Exclusive: Former Formula 1 figure invests £100k into new Pacer app dubbed ‘Sports Tinder’

    Sport
    White Martini Racing Formula 1 car on a grey track with green grass borders, in motion during a race.
  • KPMG seeks financial support from parent group in wake of audit scandal

    Big Four
    KPMG Australia office building exterior with modern glass architecture and corporate signage in a bustling business district.
  • Prince Harry braces for eye watering legal bill after Daily Mail defeat

    Lawsuit
    Prince Harry, Duke of Sussex (Photo by Yui Mok - WPA Pool/Getty Images)
  • Burnham facing calls to cut employment red tape as job seekers grow for 41 months

    Economics
    Office for National Statistics
  • Winkworth delays legal drama for a month after family feud

    Legal
    Winkworth estate agent For Sale sign in front of a brick building, indicating property prices and availability.
  • Family feud: London estate agent Winkworth sues chair over plot with wife to oust son from board

    Property
    Winkworth estate agent For Sale sign in front of a brick building, indicating property prices and availability.
  • Cricket Betting Sites 2026 – Best Cricket Betting Sites UK

    Betting
    Cricket enthusiasts engaging with top online betting platforms, showcasing user-friendly interfaces and live match updates.
  • War and tax: How the UK economy could get knocked off course

    Economics
    Andy Burnham speaking at a public event, emphasizing local governance and policy changes, wearing a suit and gesturing pas...
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook