3-4-25 financial grooming scams lead to high dollar losses, according to better business bureau report
Milwaukee, Wis. – Investment scams, including those involving cryptocurrency, remained the riskiest scam type in 2024, according to a new report from the Better Business Bureau. Romance/friendship scams climbed to No. 3 riskiest for the first time since BBB began publishing the report. Both types of scams involve financial grooming, where the scammer builds a relationship with the victim before perpetrating the scam. Financial grooming scams are often complex and devastating for victims. […]