“Credit scores are derived from a complex formula that weighs factors such as outstanding debt, payment history and new credit lines,” proclaims Credit Score Dating on their website.“The three-digit number is used to predict the likelihood of delinquency on obligations from credit card bills to a mortgage.Valentine's Day celebrates couples and togetherness, making this time of year difficult for the unattached.Yet, according to the most recent census figures, 44% of American adults are single.In this case iovation defines transactions as any interaction a customer has with an online dating site, such as account registration, activation, login, account management and purchase.The top five types of fraud that occur on online dating sites, in order of most to least perpetrated, are:“Scammers used to build relationships only to later repeatedly solicit funds, but now they are causing even more harm,” said O’Hearn. Fraudsters build trust until they convince individuals to send compromising photos or video, and then blackmail their victim with threats to send the media to friends and family if they don't send money.Perform a Google Image search on the person's photo.Fraudsters often use profiles stolen off the Web from modeling agencies or military sites."Doing the Google search for the scammer lets you know if the photo actually originated from one of these sites, and isn't the actual photo of the suitor," Nofziger says.
If someone interests you and you want to know more about them, then all you need to do is ask!
It’s very important that online daters understand the typical scenarios that put them at risk and watch safety videos provided by the dating sites.”The highest percentage of fraudulent transactions on online dating sites in 2014 originated from these countries: According to iovation, the highest percentage of fraud attempts on online dating sites in 2014 occurred between 9am to 12pm UTC. There are many telltale signs that someone’s looking to defraud you on an online dating site.
Some of the more common clues are:“An increasingly common dating scam that occurs on dating sites is when fraudsters target older females in rural areas and shower them with kindness.
Following the financial crisis, the site experienced a surge in membership and a decline in the average age of members.” “Instead of entering your likes and dislikes, the site has users enter their credit scores,” explained WWMT in a report on the site.
“Based on its algorithms and matches, the dating site says the credit score is 92-percent accurate.” The dating site offers five tiers of account type, ranging from a limited free account to a 9.99 “elite card member” account.
5, 2015 – iovation, the trusted source for mobile and online fraud prevention, today released statistics, insights and advice surrounding the anatomy of online dating fraud.