Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleLloyds Banking Group reported a 52 per cent increase in romance scams targeting victims over 55 in the past year. Individuals aged 55 to 64 are the most frequently targeted group, while those aged 75 to 84 suffer the highest average financial losses, at £8,068. Scammers often claim occupations such as military personnel, doctors, or engineers, and use excuses to solicit money like medical emergencies, travel and living expenses or needing money to pay legal fees.Victims are typically asked to send funds via bank transfer or by purchasing online gift cards, which are easily converted to cash by fraudsters. Experts advise caution against quick declarations of love, requests for money, and isolation tactics, urging people to discuss concerns with friends or family. In fullThe romance scam signs to look out for as over-55s frequently targeted for their moneyThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in