Saint Lucia, 25 February 2025 – Weltrade, a leading financial services provider, has released a practical guide titled “Practical Guide to Avoiding Romance Frauds” to help individuals protect themselves from online romance scams. With romance frauds on the rise, costing victims billions annually, this guide offers essential tips to recognize and avoid these emotional and financial traps.
Romance scams, or “catfishing,” involve fraudsters creating fake profiles on dating apps and social media to build trust before exploiting victims for money or sensitive information. Weltrade’s guide outlines key steps to stay safe, including:
- Verifying identities through video calls or reverse image searches.
- Avoiding financial requests, especially under the guise of emergencies or investments.
- Protecting personal and financial information from online acquaintances.
- Researching unsolicited investment opportunities thoroughly.
“Romance scams are emotionally and financially devastating,” said Andrei Alekseev, CMO at Weltrade. “Our guide empowers individuals to spot red flags and take proactive steps to safeguard their finances.”
Weltrade encourages everyone to read the guide on their blog and share it to raise awareness. For more information, visit https://www.weltrade.com/blog/practical-guide-avoiding-romance-frauds
About Weltrade
Weltrade – a global financial services provider with a suite of financial products. Recommended by thousands of traders around the world, Weltrade is dedicated to providing a professional brokerage platform for partners and users, and features products and offerings including synthetic indices, copy trading, round-the-clock support and automated trading with the most competitive trading conditions, ensuring that traders can confidently navigate the complexities of the financial markets.
Media Contact
Organization: Weltrade
Contact Person: Evgeniya P. PR Manager
Website: https://www.weltrade.com/
Email: Send Email
Country: Saint Lucia
Release Id: 25022524345