In Canada last year, 750 victims lost CAD million (~ GBP £10 million).
Victims are often too embarrassed to come forward, so these numbers may be grossly underreported.
Finding love online is becoming more and more commonplace.
In fact, you probably know at least one couple who met online.
Scammers take advantage of people looking for romantic partners, often via dating websites, apps or social media by pretending to be prospective companions.
They have even been known to telephone their victims as a first introduction.
However, the rise in popularity of online dating has resulted in a dramatic increase in the number of romance scams taking place.
Dating and romance scams are nothing new, but with so many people looking for love online, they have become that much more attractive and accessible to online criminals.
At some point, the victim may be asked to send something to the scammer that can later be used against them, such as compromising photos or videos.
Sometimes the message history is enough to use as a threat, especially if the victim is married or in a long-term relationship and is hiding this online relationship from their significant other.