Love is supposed to feel exciting, hopeful, and a little vulnerable. Unfortunately, scammers know that too.
According to recent federal enforcement actions highlighted by the U.S. Commodity Futures Trading Commission, romance scams continue to be one of the most financially devastating types of fraud — because they don’t just steal money, they steal trust.
That’s why one simple mindset can make all the difference:
Assume fraud first.
How Romance Scams Really Work
Romance scams rarely feel like scams at the start. They feel like connection.
Scammers often:
• Build relationships slowly through dating apps or social media
• Move conversations off platforms quickly
• Share emotional stories to create sympathy or urgency
• Avoid meeting in person or always have an excuse
Once trust is built, money requests follow — often framed as temporary help, investment opportunities, or emergencies.
Common Red Flags to Watch For
If someone you’ve never met in person:
• Asks for money, gift cards, crypto, or wire transfers
• Claims to be overseas, deployed, or unable to meet
• Pressures you to keep the relationship or requests private
• Talks about “once-in-a-lifetime” investments
…it’s time to pause.
Real relationships don’t require secrecy or financial rescue missions.
Protect Your Heart — and Your Finances
Before sending money or sharing financial information:
1. Stop and slow the conversation
2. Verify the person independently
3. Talk to someone you trust
4. Contact your bank before taking action
At Yampa Valley Bank, we see firsthand how convincing these scams can be — and how quickly they escalate. You’re never embarrassed for asking questions. You’re smart for it.
Bottom line:
Love shouldn’t cost you your savings. Assume fraud first — even before love, apparently.
