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Cyber Risks · Krebs on Security

Fraudsters Automate Russian Dating Scams

Summary: A package of dating scam emails, instructions, pictures, videos and love letter templates is sold in the underground to Russian-speaking fraudsters, with hundreds of templates in English and other European languages and a vendor promising at least a 1.2 percent response rate and roughly $2,000 a week for 30 letters a day. The package tells scammers to pose as a young woman in an isolated region of Russia, include an email from her supposed mother within the first 10 emails, and use criminal call centers charging $10 per call in Bitcoin to close the deal when the target is asked to wire $200 to $2,000.

Why it matters: The fraud is sold as a product with stated conversion rates and a scripted playbook, and the same call centers that close romance scams also handle bank account takeovers and fraudulent credit applications that require phone verification.

Read the original at Krebs on Security ↗

Topics
Fraud & Scams
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