The Society Focuses!
The focus of the Society is online fraud in its various forms, primarily on Relationship Scams (also known as Romance, Dating, Love, or Sweetheart Scams), but also on related scam attacks directed at individuals in their personal life and at business including Phishing and BEC Scams. Fraudsters target adults, the elderly, and even more and more our children. They target all races and genders, and employ racism and gender bias to create maximum vulnerability.
Scammers are part of large scale criminal enterprises and even fund and support terrorist organizations such as ISIS, Al Qaeda, Boco Haram, and others. Some have workforces numbered in the hundreds or even thousands. Our estimates are that there are over one hundred thousand professional fraudsters operating worldwide.
The Society’s effort is directed at support for victims, understanding and analysis, knowledge acquisition and dissemination, avoidance and countermeasures, and broad reporting. Unfortunately scams are treated by many as a laughable joke yet they destroy lives (actually driving good people to suicide) and compromising businesses every minute of every day. This is why the Society was formed.