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But the company is extremely popular, boasting 10 million users, which is probably why IAC added another 10 percent to its majority stake in the company on Friday for a reported 0 million."Because there are so many people using the app, it’s a ripe target for scammers," Satnam Narang, security response manager at Symantec, told NBC News.After they form a “relationship,” they come up with reasons to ask their love interest to set up a new bank account.The scammers transfer stolen money into the new account, and then tell their victims to wire the money out of the country.And if the person’s online profile disappears a few days after they meet you, that’s another tip-off.Here’s the real deal: Don’t send money to someone you met online — for any reason.Not everyone using online dating sites is looking for love. As if all that isn’t bad enough, romance scammers are now involving their victims in online bank fraud.Scammers create fake online profiles using photos of other people — even stolen pictures of real military personnel. And they tug at your heartstrings with made-up stories about how they need money — for emergencies, hospital bills, or travel. Here’s how it works: The scammers set up dating profiles to meet potential victims.
They even create social media accounts and other various online footprints to ensure their aliases are as realistic and attractive as possible. 'I liked his photograph but there didn’t seem much point because he lived the other side of the world,' she said.The popular dating app Tinder claims it has made more than 1 billion matches among its users since launching less than two years ago. Last month, Kristin Shotwell, 21, was walking home from class when her friend told her that he had seen her profile pop up on Tinder while visiting the University of Georgia in Athens.After all, every fake profile is created using a real soldier’s picture.According to Grey, this not only harms the reputation of the individual service member, but the reputation of the military as a whole.