Barclays reports large spike in romance scams - here's how to avoid them

Barclays has reported a whopping 139% increase in the total value of romance scams

Red heart in a mousetrap on white background, online romance scams concept
(Image credit: Getty Images)

Romance scams increased sharply during May and June, according to data from Barclays, with men losing £3,500 on average and women £8,900.

The UK bank found a 139% increase in the total value of romance scam reports when comparing May and June with the previous two months.

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Chris Newlands

Chris is a freelance journalist, and was previously an editor and correspondent at the Financial Times as well as the business and money editor at The i Newspaper. He is also the author of the Virgin Money Maker, the personal finance guide published by Virgin Books, and has written for the BBC, The Wall Street Journal, The Independent, South China Morning Post, TimeOut, Barron's and The Guardian. He is a graduate in Economics.