Neal Ungerleider

Forget your broken heart and wounded pride. The true cost of Internet romance scams is $50,399,536.16, the amount of losses reported by Americans in 2011 to the The Internet Crime Complaint Center (IC3), a low-key quasi-project of the FBI

Women constituted more than $39 million of the losses, with the most vulnerable segments of the population being specifically women in their fifties and over the age of 60; however, even within that group, women in their fifties are more likely to hand over large sums of money to scammers than their older counterparts.

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