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We don't like fake profiles and neither do our members.
Adult Match Maker identified this was the main concern with online dating sites.
We know these figures are only the tip of the iceberg as many victims are reluctant to admit to friends, family or authorities that they fell for a scam,” ACCC Deputy Chair Delia Rickard said.
“Scammers are experts at preying on people’s weaknesses and will spend months and even years grooming victims and lowering their defences.
James said he was shown images of personal information from his social media accounts to prove his details were known."It was a comprehensive list of all my Facebook friends, a picture of the website of my employer, including email addresses of my colleagues, my Linked In page, photos of my friends, my personal website," he said.
Bitcoin is cryptographic currency favoured by criminals as it allows semi-anonymous online transactions.
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Last year, 2,620 Australians reported losing almost $23 million to dating and romance scams to the ACCC.