DON’T let the promise of love cost you dearly, warns the SA Banking Risk Information Centre (Sabric).
As online dating in South Africa experiences a surge in popularity, an influx of scammers has also emerged.
According to Sabric, romance scammers often go as far as creating profiles that match the requirements of the persons targeted, to quickly build trust between themselves and the unsuspecting victims.
Sabric CEO Nischal Mewalall said: “The online dating market in South Africa is predicted to witness a substantial growth in the number of users and revenue.
“Statista, a German online platform that specialises in data gathering and visualisation, reported that online dating revenue would reach more than R450 million in 2024 and online dating