Online romance scams are on the rise

Axios Re:Cap - A podcast by Axios

The pandemic has had many older Americans feeling lonely and turning to online dating websites to find a connection, but many were left with broken hearts and empty bank accounts. The FTC reports that a record $304 million dollars were lost on online romance scams in 2020. How can the most vulnerable be protected? Axios Re:Cap talks with Washington Post personal finance columnist Michelle Singletary, who’s been reporting on online romance scams.