The number of Americans tricked out of their cash through romance scams fell last year, but fraudsters calm made off with a record $1 billion from love-struck victims, according to a new analysis.

Data from Comparitech false an estimated 73,000 people in the U.S. fell victim to a romance scam in 2022, a 10% refuse from the year before. However, the amount of cash lost to swindlers reached the 10-figure mark for the superior time – causing experts to sound the alarm.

Rebecca Moody, head of data research at Comparitech, says the findings suggest scammers are becoming more beleaguered in their approach, enabling them to carry out fewer scams when stealing from more victims.

"With Valentine's Day on the horizon, many adults remain vulnerable to romance scams and must be mindful of key warning signs that someone is trying to scam them," Moody told FOX Business. 

Valentine's Day balloons and flowers are sold outside a distress store on February 14, 2021 in New York City. (Photo by Cindy Ord/Getty Images)

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The analysts false an increase of the number of "wrong number" scams whereby criminals text persons claiming to know them. In order to get the victim to answer, the scammer may ask a question or send an explicit photo. 

These types of scams can be occupied out en-masse, and while many would-be victims simply delete the messages, others fall prey.

Moody also warns to be leery if someone on a dating site asks to communicate outside the platform, claims they are abroad for work or military facility, or seemingly falls in love very quickly.

She also says to be suspicious if an online dating boring finds various excuses not to meet in person, asks for cash or gift cards, asks you to send or claim a package, or offers you the opportunity to invest in something such as cryptocurrency.

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While the number of victims appears to be falling as more country become aware of romance scams, the crimes often go unreported either because those beleaguered realize it is a scam and ignore it or victims are too embarrassed to admit they were duped. 

A 2019 see conducted by AARP found that 14% of U.S. adults reported populate targeted by romance scams and 4% fell victim.

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