Don’t Get Swept Away by a Romance Scam

Amy Frolik

In 2023, romance scams made up nearly 30% of the senior financial exploitation reports filed with the Iowa Insurance Division. The total or attempted loss for these cases exceeded $4 million.  With today being Valentine’s Day, there can be a sense of urgency for everyone to find someone, anyone, to be their “valentine” for the special day.  Just be careful not to get swept away by a romance scam!

The below scam alert discusses some common tactics used by scammers, and some tips on how you can protect yourself and your money.  

  • A PDF of this scam alert can be downloaded at the Iowa Insurance Division’s website by clicking here.
  • If you are a financial advisor, check out our Senior Financial Exploitation Newsletter on Romance Scams form earlier this month by clicking here.
  • If you want to learn more or have questions about how you can better protect yourself from fraud. Join the Iowa Department of Insurance & Financial Services, the Iowa Attorney General’s Office, and AARP for a FREE educational Stop the Scammers event near you. 
The owner of this website has made a commitment to accessibility and inclusion, please report any problems that you encounter using the contact form on this website. This site uses the WP ADA Compliance Check plugin to enhance accessibility.