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CityPress - - Business -

Fe­bru­ary may be the month of ro­mance, but some wily fraud­sters op­er­at­ing on on­line dat­ing sites are will­ing to de­clare their undy­ing love to try to fleece you out of your money.

John Manyike, head of fi­nan­cial ed­u­ca­tion at Old Mu­tual, warns you to pro­tect your hearts and your pock­ets.

He of­fers the fol­low­ing tips on how to avoid be­ing an on­line vic­tim of crooked love:

Ask your­self what you would do if you lost all your sav­ings. Imag­ine be­ing in that sit­u­a­tion and then prom­ise your­self you won’t be gen­er­ous with on­line part­ners, no mat­ter how com­pelling their plea is.

Al­ways share what is hap­pen­ing with some­one you trust – this per­son may be more ob­jec­tive, and could be able to pick up dan­ger signs and bring them to your at­ten­tion.

Put your money in a for­mal sav­ings ac­count – this will make it harder for you to make a trans­fer on im­pulse.

Don’t share your fi­nan­cial de­tails with your on­line part­ner and al­ways keep your money mat­ters pri­vate.

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