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Beware the latest twist on relationship scams: The glucose Daddy set-up

Beware the latest twist on relationship scams: The glucose Daddy set-up

With Valentine’s around the corner, love is in the air at dating websites of all sorts day.

But there’s a brand new twist on relationship frauds that is preying on profile holders at “sugar daddy” dating internet sites, that have grown in appeal in the last few years. In 2019, the wide range of complaints from customers about that types of scam exploded at Fraud , growing by significantly more than 250 per cent.

If you’re perhaps perhaps not familiar with “sugaring,” you’re not the only one. It’s a trend that is growing more youthful men and women (whom call by by themselves sugar children) seek out an adult “sugar daddy” or “sugar momma” to pay for them in presents or money in trade for companionship (that might or may well not include sexual relations). The training exists in a legal gray area, but just by the amount of supporters of a few of the a lot more popular sugar babies on social media marketing systems, including Instagram and YouTube, there could be significant variety of customers shopping for these kind of relationships. As an example, one of the most popular sugar daddy internet sites, Seeking (also referred to as SeekingArrangement) apparently had 4 million users (including 1.2 million university students) at the time of 2017.

Given the increase in appeal of these websites while the nature that is sensitive of relationships, it is no surprise that scammers are increasingly preying regarding the community.

Here’s just how the scam works: A scammer approaches a person that is trying to find a sugar daddy or sugar momma on dating sites or social media marketing platforms.