Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Aïda Amer/Axios

A Nigeria-based romance-scam outfit, dubbed Scarlet Widow in a new report, has been bilking lonelyhearts of their savings since 2015.

Why it matters: In the abstract, people often dismiss email scams as a punchline they are somehow above. In truth, they are a billion-dollar crime paradigm preying on the gullible and savvy alike. And romance scams have particularly tragic dimensions.

  • One victim of Scarlet Widow — a religious Texas man who believed he was corresponding with an aspiring model training in Paris named Laura Cahill — was swindled out of at least $50,000; $10,000 of which it appears he obtained by stealing from his stepfather.
  • "Based on what we see, his friends and family brought up concerns. In each case, he pushed it aside and thought he and Laura were meant for each other," said Crane Hassold, senior director of threat research at Agari, the email security firm that profiled Scarlet Widow. "It really shows the psychological damage these scams cause."
  • Even with those warnings, when that victim lost contact with Laura, he became increasingly desperate, emailing "I JUST WANT TO TALK TO MY BABY. I CAN WAIT FOR YOU BUT I NEED MY BOO."

Agari uses unique methods to gain access to groups and investigate email scams and scammers — ones we've been asked not to discuss to maintain their effectiveness. That allows the company to create unique profiles of email scam groups like Scarlet Widow.

The firm identified several of the fraudsters involved, and says it will announce their identities later this month.

The moniker "Nigerian scam" is more than a nickname. Agari's research found the Scarlet Widow group, like 90% of email scams, actually does originate in Nigeria.

The FTC issued a warning Wednesday about romance scams in general. But while that report warned that the elderly are particularly vulnerable to these scams, Scarlet Widow also looked elsewhere.

  • The group initiated relationships through a variety of personals sites, including the largest services, but also via specialty sites, like ones for people with disabilities, for farmers, and for divorced women.
  • Scarlet Widow often targets religious people. Hassold suggests that might be because "these are people who put faith in things they have not seen, being asked to put faith in a person they will never see in person."
  • "It gives you a glimpse into what other groups scammers think are vulnerable," he added.

As Agari re-created Scarlet Widow's past scams, it was also able to identify how the group evolved over time.

  • The group's other fake personas included Sterling Michael, a 43-year old captain serving in Afghanistan, and Britney Parkwell, a fabric saleswoman living in San Jose.
  • Scarlet Widow improved its character work over time — "more backstopping, more detail and more realism," said Hassold.
  • The group, like many of its peers, has dabbled in other forms of email scams as well, but dating is the one that stuck.

The psychological component of romance scams make it harder for victims to snap out of them than with other forms of email fraud, Hassold said.

Go deeper: Love's multimillion dollar scam industry

Go deeper

Biden gets COVID-19 booster shot on live television

President Biden received a Pfizer-BioNTech coronavirus vaccine booster shot on live television on Monday, while also urging Americans to get vaccinated.

Driving the news: The Centers for Disease Control and Prevention last week recommended Pfizer booster shots for millions of people, including those 65 years and older and individuals at high-risk of severe COVID-19.

John Hinckley, who shot Reagan, wins unconditional release

John Hinckley Jr. sitting on the back seat of a car in 1981. Photo: Bettmann/Getty Images

A federal judge on Monday approved the unconditional release of John Hinckley Jr., who tried to assassinate former President Reagan in 1981.

State of play: U.S. District Court Judge Paul L. Friedman in Washington ruled that Hinckley can be freed from all court supervision in 2022 if he remains mentally stable and continues to follow rules that were imposed on him after he was released from a Washington mental health facility in 2016 to live in Virginia, AP reports.

Rep. Karen Bass launches run for Los Angeles mayor

Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Rep. Karen Bass (D-Calif.) on Monday launched her bid for mayor of Los Angeles.

Why it matters: Bass is a high-profile member of Congress. The former chair of the Congressional Black Caucus, she was considered as a potential running mate to President Joe Biden and was a lead negotiator in the recently-ended talks on police reform. Should Bass win the mayoral election, she would become the first female mayor in L.A. history.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!