In 2022, 34 percent of financial losses caused by romance scams included cryptocurrency payments. Meanwhile, gift cards were the most frequently mentioned payment method in reported romance scams in the United States. In almost 20 percent of the reports, the payment method was cryptocurrency.
Most common payment methods used in romance scams in the United States in 2022
based on romance scam cases reported to the Federal Trade Commission of the United States
Supplementary notes
Figures exclude reports that did not indicate a payment method, and reports contributed by MoneyGram and Western Union. The gift card payment method includes cards that hold a specific cash value that can be used for purchases and reload cards such as MoneyPak that are used to add value to these cards.
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SJGov, & Federal Trade Commission. (February 9, 2023). Most common payment methods used in romance scams in the United States in 2022 [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1388840/romance-scam-payment-methods-us/
SJGov, und Federal Trade Commission. "Most common payment methods used in romance scams in the United States in 2022." Chart. February 9, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1388840/romance-scam-payment-methods-us/
SJGov, Federal Trade Commission. (2023). Most common payment methods used in romance scams in the United States in 2022. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1388840/romance-scam-payment-methods-us/
SJGov, and Federal Trade Commission. "Most Common Payment Methods Used in Romance Scams in The United States in 2022." Statista, Statista Inc., 9 Feb 2023, https://www.statista.com/statistics/1388840/romance-scam-payment-methods-us/
SJGov & Federal Trade Commission, Most common payment methods used in romance scams in the United States in 2022 Statista, https://www.statista.com/statistics/1388840/romance-scam-payment-methods-us/ (last visited July 27, 2024)
Most common payment methods used in romance scams in the United States in 2022 [Graph], SJGov, & Federal Trade Commission, February 9, 2023. [Online]. Available: https://www.statista.com/statistics/1388840/romance-scam-payment-methods-us/
