Catfishing, as a term, is not a hot and new strategy to score dates or romance on popular dating apps like Tinder, Bumble or Hinge. Could you imagine?
Rather, catfishing is a term that describes what happens when (mostly) middle aged and newly divorced adults engage with something as foreign as a dating app and then get used for criminal purposes. What used to involve a little bit of fear, a little bit of mystery and a whole lot of non-verbal signals — the old fashioned act of courting — is not possible in the virtual dating world. Non-verbal signals don’t exist and so some of us put too much weight on words and promises.
CEO of the Alacer Group. Sharing the latest news in financial crimes and best practices that enable financial institutions to prevent money laundering.