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Home Compliance and Risk

Senate passes bill requiring warnings about possible romance scams

September 24, 2026
Reading Time: 1 min read
FinCEN identifies nearly $13B in suspected crypto investment scams

The Senate this week passed by unanimous consent a House bill to require dating websites to notify users about possible romance scams.

The Romance Scam Prevention Act (H.R. 2481), introduced by Rep. David Valadao (R-Calif.), requires dating websites to notify users when an account they have interacted with has been banned for fraud. Among other things, the alert must state that the account may have been using a false identity or attempting to defraud other users.

The Federal Trade Commission and state attorneys general would enforce the proposed law. The House passed the law in June.

Earlier this year, the Financial Crimes Enforcement Network released an analysis of Bank Secrecy Act reports identifying approximately $12.7 billion in suspected digital asset investment scam activity – including romance scams – during a roughly two-year period beginning in 2023.

Tags: CongressFraudScams
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