Current:Home > InvestThe Daily Money: 'Romance scams' cost consumers $1.14b-DB Wealth Institute B2 Expert Reviews
The Daily Money: 'Romance scams' cost consumers $1.14b
View Date:2024-12-23 20:45:58
Good morning! It's Daniel de Visé with your Daily Money.
Liza Likins, who sang backup for such music icons as Stevie Nicks and Linda Ronstadt, was lonely and depressed after her husband, Greg, died in 2020.
When a handsome blonde-haired man who resembled her late husband started messaging her on Facebook, Likins was lured into a relationship. She gave more than $1 million to a romance scammer – someone who convinced the singer he was in love with her, and he would join her in Las Vegas.
In 2023, consumers lost $1.14 billion to romance scams, which bilk people out of money for love, Betty Lin-Fisher reports. Read her story here.
What is Temu?
Confused about all of the Temu ads that played during this year's Super Bowl? You're not alone.
Searches for e-commerce company Temu spiked after the company aired five commercials during and shortly after the game, each showing colorful animated characters purchasing goods for as little as 99 cents. A perky song played in the background as characters danced across the screen, promising viewers the chance to “shop like a billionaire.”
A quick search on the platform’s website reveals jaw-dropping deals: $8 sneakers; $18 Airpod lookalikes; a $4 Stanley cup dupe.
But are the site's low prices worth it? Read Bailey Schulz's story to find out.
📰 More stories you shouldn't miss 📰
- States with the strongest, weakest growth
- Should I encourage a workplace relationship?
- The pros and cons of a big tax refund
- What is an annuity?
🍔 Today's Menu 🍔
Dumplings for the dumped: P.F. Chang's says it will give six free dumplings to anyone who was recently dumped via text message, as part of a uniquely cynical Valentine's Day promotion.
From Feb. 7 through Feb 24, you can redeem your dumplings by proving you were dumped, Anthony Robledo reports. To redeem the deal, text the code "CHANGSDUMPLINGS" to 855-697-6181 along with a breakup story or screenshot of the breakup text. Then, await further instructions and claim your dumplings. Read the story.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (6325)
Related
- Inspector general finds no fault in Park Police shooting of Virginia man in 2017
- One way to boost students’ scores? Help teachers conquer their math anxiety
- Fall Movie Preview: Hollywood readies for a season with stars on the sidelines
- Travis Barker Makes Cameo in Son Landon's TikTok After Rushing Home From Blink-182 Tour
- What to know about Mississippi Valley State football player Ryan Quinney, who died Friday
- Naomi Campbell Just Dropped a Surprisingly Affordable Clothing Collection With $20 Pieces
- Police narrow search for dangerous and 'desperate' prison escapee Danelo Cavalcante
- Novak Djokovic beats Taylor Fritz at the US Open to reach his record 47th Grand Slam semifinal
- Olivia Munn began randomly drug testing John Mulaney during her first pregnancy
- #novaxdjokovic: Aaron Rodgers praises Novak Djokovic's position on COVID-19 vaccine
Ranking
- Why Josh O'Connor Calls Sex Scenes Least Sexy Thing After Challengers With Zendaya and Mike Faist
- Stock market today: Asian shares fall back amid selling of China property shares
- Marion Cotillard Is All Of Us Reacting to Those Joe Jonas and Sophie Turner Divorce Rumors
- Burning Man exodus: Hours-long traffic jam stalls festival-goers finally able to leave
- UFC 309: Jon Jones vs. Stipe Miocic fight card, odds, how to watch, date
- Lab data suggests new COVID booster will protect against worrisome variant
- Linda Evangelista reveals 2018 breast cancer diagnosis: 'I have one foot in the grave'
- An angelfish at the Denver Zoo was swimming abnormally. A special CT scan revealed the reason why.
Recommendation
-
Here's what 3 toys were inducted into the National Toy Hall of Fame this year
-
Google turns 25, with an uncertain future as AI looms
-
How RHOSLC Star Jen Shah's Family Is Doing Since She Began Her 5-Year Prison Sentence
-
Minnesota political reporter Gene Lahammer dies at 90
-
Burger King's 'Million Dollar Whopper' finalists: How to try and vote on your favorite
-
While North Carolina gambling opponents rally, Republicans weigh whether to embrace more casinos
-
Judge blocks Wisconsin officials from using federal voter registration form
-
Joe Jonas and Sophie Turner Break Up After 4 Years of Marriage