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TMCNet:  Wymoo International Investigations Increase With Dating Scams

[June 26, 2013]

Wymoo International Investigations Increase With Dating Scams

JACKSONVILLE, FL, Jun 26, 2013 (Marketwired via COMTEX) -- Wymoo International, an international investigation company based in Florida, announced today that its quarterly results have exceeded estimates due in part to a significant increase in online dating scams. The rise in internet fraud and scam activity has directly led to an increase in demand for dating background checks and investigations to verify individuals met via the internet.

The Internet Crime Complaint Center (IC3), a partnership between the Federal Bureau of Investigation and National White Collar Crime Center, reported that in 2012 losses had increased 8.3 percent over 2011. In 2012, the IC3 received 4,467 romance scam complaints and victims' losses exceeded $55 million. The National Fraud Authority in the U.K. estimates fraud cost the U.K. over GBP 35 billion in 2012 from mass marketing fraud, which includes romance scams. Government agencies in Australia and Canada have also reported similar trends in cyber crime. Wymoo International says the numbers are only the tip of the iceberg, and the firm estimates that only 10% of victims ever report the crime.

A significant number of dating scams now come from social media and social networks, and internet criminals are using advanced methods to obtain their victims. Some criminals never ask for money, but rather obtain your personal data and private photos to be used for identity theft or blackmail. Others may send you an email virus to steal your passwords. If you use online dating, social networks or even email, you could be a victim.

With the growing risk, more internet users are relying on reputable private investigation companies to minimize the threat and verify these relationships. The increased risk for romance scams, along with an increased awareness of internet users, has boosted demand for verification services at the firm. Because many online relationships involve a foreign country, international investigators and dating background checks offer protection.

Wymoo management says that criminals are staying one step ahead of law enforcement, and the risk isn't likely to go away. "Online dating and social networking sites are big business, and these sites don't have the capability to properly screen and verify all their users," said David Wilkerson, Vice President and COO. "We verify internet relationships and deliver clear evidence to determine if the person is who he or she claims to be." About Wymoo International Wymoo International, LLC is a leader in professional private investigations and international background checks. The firm has investigators on the ground in over 100 countries, and specializes in verifying organizations and individuals. Confidential services include private investigators, background checks, due diligence, dating verifications, surveillance and asset search. Wymoo(R) also operates as Russia PI and Philippine PI in those countries.

SOURCE: Wymoo International

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