The IRS Criminal Investigation Denver Field Office is issuing a warning ahead of Valentine’s Day about romance scams. They are also providing some advice on how to avoid becoming a victim.
According to the IRS, romance scams can cause significant harm by wiping out a victim’s savings or retirement account. They say the schemes often involve sophisticated financial transactions operated by international criminal networks.
“Romance scams are some of the most emotionally devastating financial crimes, often targeting older Americans and individuals seeking a connection,” said Amanda Prestegard, Special Agent in Charge, IRS-CI Denver Field Office, in a statement. “To protect both your heart and your wallet, people need to be aware of the signs they are being manipulated.”…