BUSINESS INSIDER - Feb 13 - According to the fraud protection firm Iovation, instances of fraud on dating sites has jumped more than 150% in the past year. In 2010, 1.4% of the online dating site transactions Iovation processed using its ReputationManager 360 program were found to be fraudulent; that number jumped to 3.8% in 2011. "Those bad actors can cause millions of dollars in lost revenue and damaged reputation to online dating sites, not to mention a loss of innocence for its users," Mark Brooks, said editor of OnlinePersonalsWatch.com.
by Matt Liebowitz
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Yes, dating website fraud is running rampant, but most dating sites are doing a better job of dealing with it. Users are safe on dating sites. The golden rule is, don't send money! As soon as someone suggests such a thing, report them back to the dating site along with their original usernames. The problem is, most scammers move daters off the dating site comms system as early as possible, so the dating site loses visibility on the scammers. This can slow down the elimination process a tad. iovation helps numerous top tier dating sites to work together to kick scammers asses. (Full Disclosure: iovation is a prior client of Courtland Brooks, for 3 years)
Posted by: Mark Brooks | Feb 15, 2012 at 01:25 PM