State’s finance division warns about ‘relationship’ scams

The Oregon Division of Financial Regulation (DFR) warns about texts or messages from strangers, which can indicate a “relationship investment scam.”

Department officials said scammers typically reach out on social media, build trust through fake romantic or friendly relationships, and then persuade victims to invest in fraudulent schemes, often involving cryptocurrencies.

They might falsely claim that investments have significantly grown and request more money for fees or taxes when victims attempt to withdraw money, ultimately…