The pandemic has had many older Americans feeling lonely and turning to online dating websites to find a connection, but many were left with broken hearts and empty bank accounts. The FTC reports that a record $304 million dollars were lost on online romance scams in 2020. How can the most vulnerable be protected?Axios Re:Cap talks with Washington Post personal finance columnist Michelle Singletary, who’s been reporting on online romance scams.

The pandemic has had many older Americans feeling lonely and turning to online dating websites to find a connection, but many were left with broken hearts and empty bank accounts. The FTC reports that a record $304 million dollars were lost on online romance scams in 2020. How can the most vulnerable be protected? Axios Re:Cap talks with Washington Post personal finance columnist Michelle Singletary, who’s been reporting on online romance scams.

The pandemic has had many older Americans feeling lonely and turning to online dating websites to find a connection, but many were left with broken hearts and empty bank accounts. The FTC reports that a record $304 million dollars were lost on online romance scams in 2020. How can the most vulnerable be protected?Axios Re:Cap&nbsp;talks with Washington Post personal finance columnist Michelle Singletary, who’s been reporting on online romance scams.

Online romance scams are on the rise

Each weekday afternoon, Axios unpacks the biggest story of the day and why it matters. We'll take you inside the accelerating forces, technologies and trends that are remaking your world and work. About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app. 

Axios Re:Cap is on hiatus until October 2021.

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Each weekday afternoon, Axios unpacks the biggest story of the day and why it matters. We'll take you inside the accelerating forces, technologies and trends that are remaking your world and work. About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app. Axios Re:Cap is on hiatus until October 2021.

Each weekday afternoon, Axios unpacks the biggest story of the day and why it matters. We'll take you inside the accelerating forces, technologies and trends that are remaking your world and work. About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app.&nbsp;

Axios Re:Cap is on hiatus until October 2021.

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Online romance scams are on the rise

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