SCAMMED BY LOVE: THE ROLE OF LONELINESS, TRUST, AND AGE IN FINANCIAL LOSSES FROM U.S. ONLINE ROMANCE SCAMS
2024

Loneliness and Trust in Online Romance Scams

Sample size: 31 publication Evidence: moderate

Author Information

Author(s): Cole Rebecca

Primary Institution: University of Texas at Rio Grande Valley

Hypothesis

Older adults may be at greater risk of financial losses from online romance scams due to feelings of loneliness and trust.

Conclusion

The study found a medium-strength relationship between age and financial losses from online romance scams.

Supporting Evidence

  • Most participants reported their race as White or Black or African American.
  • The mean reported money lost to the online romance scams was $133,647.
  • Pearson’s product-moment correlation was used to identify the variables’ associations.

Takeaway

Older people who feel lonely and trust others too much can lose a lot of money in online romance scams.

Methodology

Data was collected through a nationwide online survey about U.S. online romance scam victimization.

Potential Biases

Potential bias in participant selection due to reliance on community partners and social media for recruitment.

Limitations

The study primarily focused on a small sample of victims identified through community partners and social media.

Participant Demographics

Participants included 4 males and 27 females, mostly White or Black/African American, with an average age of 52 years and a college degree.

Statistical Information

P-Value

<0.01

Statistical Significance

p<0.01

Digital Object Identifier (DOI)

10.1093/geroni/igae098.4273

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