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Romance fraud: ‘You’re willing to lose money, but not the person’

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Romance fraud: ‘You’re willing to lose money, but not the person’


BBC A man sitting at a microphone in the BBC London studio. He is wearing a suit and glasses, with a screen displaying the London skyline behind him.BBC

Varun lost his entire life savings after he was a victim of romance fraud on a dating app

A couple of years ago, London banker Varun Yadav downloaded several dating apps, hoping to meet his life partner.

On Indian matrimonial site Jeevansathi, meaning “life partner” in Hindi, he started talking to a woman who said her name was Rekha Shah.

After months of talking on WhatsApp and video calls, she asked him if he would invest in crypto trading with her – a decision which caused him to lose his life savings and left him feeling suicidal.

“You see all the signs, but you are so emotionally attached. You are willing to lose the money, but you are not willing to lose the connection,” he told BBC Radio London.

Varun was a victim of romance fraud, a growing crime that saw an estimated £106m lost by victims in the UK past financial year, according to Action Fraud.

Victims in London account for just under £14m of that total, with 1,276 reports of romance fraud in the capital.

The average victim lost £11,222, but Varun lost far more, totalling around £40,000.

This comes as the Financial Conduct Authority (FCA) said banks are missing opportunities to help “break the spell” of romance scams.

They said some banks had gone to significant lengths to protect customers against romance fraud, but advised further measures, such as better detection and monitoring systems, identifying vulnerability early on, and compassionate aftercare.

The FCA also said firms need to train staff to spot red flags and critically probe customer explanations.

PA Media A woman typing on a laptop keyboard, holding her credit card in her right hand.PA Media

Romance fraud involves fraudsters exploiting victims for money by gaining their trust and affection through the guise of a romantic relationship

Varun was initially cautious when asked to invest in cryptocurrency using a platform called Deuncoin, but was initially able to gain and withdraw money.

He was not aware of anything wrong until he made a big loss and the woman asked him to put in all his savings to recover the losses.

He then found he was unable to withdraw the funds, and realised “it was all one big scam”.

‘Fear and shame’

He said he thought his life was over after becoming a victim of romance fraud.

“I thought, I’ve lost everything. I’ve lost the person I thought was going to be my life partner, I’ve lost all my life savings.”

When he initially lost the money he knew it was a red flag, but said he “ignored the signs because of the fear and the shame”.

Now 41, Varun hopes sharing his story will help ensure others do not have to face what he went through alone.

“When I shared my story with my friends, a lot of them said they’d been part of a similar scam, but were too ashamed to say it.

“This is a trauma that will stay with me for life, but I’ve learnt coping mechanisms and rebuilt my life. There is hope.”

Getty Images A text message being sent on a phone, reading 'I love [heart emoji] you. can you send me some money [heart emoji]'.Getty Images

Romance fraud involves fraudsters using a romantic relationship to exploit their victims for money by gaining their trust and affection

What is romance fraud?

Romance fraud involves fraudsters creating fake online personas to gain someone’s trust and affection through the guise of a romantic relationship, and ultimately exploiting them for money.

They manipulate, persuade and exploit victims, often encouraging them to isolate themselves socially and requiring urgency and secrecy from the victim.

Action Fraud’s key tips for protecting yourself against romance fraud include:

  • Never send money, vouchers or cryptocurrency to someone you’ve met online
  • Treat people as you would if meeting in person, by asking questions and taking your time.
  • Be cautious about how much information you share, and keep your social media accounts private and secure.
  • Talk to friends and family.
  • If you think you have been a victim of romance fraud, contact your bank immediately and report to Action Fraud.
  • A list of organisations in the UK offering support and information with some of the issues in this story is available at BBC Action Line.
A woman with mid-length blonde hair sat at a microphone in the BBC London studio. She is wearing a black jacket and glasses, with a screen displaying the London skyline behind her.

DSupt Kerry Wood, head of economic crime for the Met Police, said “awareness is the most powerful defence against fraud”

Earlier this month, the Metropolitan Police launched a campaign to help prevent people like Varun from getting scammed.

This includes videos giving real-life accounts from victims, showing what romance fraud looks like, how to prevent it, and where to get further support if needed.

They have also undertaken intelligence sharing to trace suspects overseas, and collaborated with banks, dating apps and social media sites to identify fraud.

Det Supt Kerry Wood, head of economic crime for the Met Police, said: “Romance fraud is one of the most devastating types of fraud we deal with.

“It doesn’t just lead to people losing thousands of pounds – it’s also an abuse of trust which has a devastating impact on people’s confidence and sense of self-worth.

“Awareness is the most powerful defence against fraud. By talking openly, we can protect ourselves, our loved ones, and our communities from this deeply personal and damaging crime and bring those responsible to justice.”

Meanwhile, Varun was not able to recover the money he lost, but said “I’ve made my peace with it” and has rebuilt his life since.

He is encouraging anyone going through romance fraud to “reach out to family, friends and colleagues”, adding, “whatever is happening, do not isolate yourself”.

Additional reporting from PA Media



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DGCA slaps IndiGo with fine of Rs 22 crore for flight disruptions – The Times of India

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DGCA slaps IndiGo with fine of Rs 22 crore for flight disruptions – The Times of India


EW DELHI: The Directorate General of Civil Aviation (DGCA) has slapped IndiGo with the steepest fine ever for an Indian carrier – Rs 22.2 crore – for its massive flight disruptions last month.Additionally, the airline has to submit a bank guarantee of Rs 50 crore whose release is tied to implementing, among other things, the more humane flight duty norms for pilots aimed to enhancing flight safety. The regulator has warned senior airline officials, including the CEO & COO. The senior VP of operation control centre has to be removed from his position.

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The senior VP of operation control centre has to be removed from his position and not given any accountable position in the future. The aviation ministry has ordered “an internal inquiry to identify and implement systemic improvements within DGCA”.The regulator late on Saturday night released key findings of the report by its four-member panel that probed IndiGo schedule collapse last month. The airline’s unpreparedness and consequent inability to implement DGCA’s new flight duty time limitation (FDTL) for pilots has cost it dear. Each day’s exemption given for its Airbus A320 family pilots to ensure the airline was able to start resuming flights staring the second week of Dec is costing it Rs 30 lakh. This works out to Rs 20.4 crore for 68 days between Dec 5, 2025, & Feb 10, 2026.The airline has been fined one-time Rs 30 lakh each on six more counts, which add up the fine to Rs 22.2 crore. The six failures include failure to comply with new FDTL rules, rest periods, “inadequate buffer margins in roster planning… failure to strike balance between commercial imperatives and crew members’ ability to work effectively and failure of accountable management to ensure overall functioning, financing, and conduct of operations to DGCA standards.Between Dec 3 and 5, 2,507 IndiGo flights were cancelled and 1,852 were delayed that left over 3 lakh passengers stranded at airports across the airline’s network. Flights had resumed gradually over the next week or so.What caused the crisis:“Over-optimisation of operations, inadequate regulatory preparedness along with deficiencies in system software support and shortcomings in management structure & operational control on the IndiGo”, have been identified as the “primary causes for the disruption” by the DGCA probe panel. “The airline’s management failed to adequately identify planning deficiencies, maintain sufficient operational buffer, and effectively implement the revised FDTL provisions,” the report says.Action against IndiGo:Apart from fines, the airline’s CEO has been cautioned “for inadequate overall oversight of flight ops and crisis management.” Accountable manager & COO, Isidre Porqueras, has been warned for “failure to assess impact of winter schedule 2025 and revised FDTL leading to widespread disruptions.” Senior VP (ops control centre) has been asked to be relieved from the post and not be given any accountable position in future. Warnings have been issued to flight ops and crew resource planning “for operational, supervisory, manpower planning and roster management lapses.”Way ahead:DGCA has asked IndiGo to take appropriate action against any other personnel identified through its inquiry and submit a compliance report regarding the same. Sources say IndiGo has been made aware of the lapses of its senior officials, especially COO, and now the airline is expected to take action against them. “The findings underscore the need for operational planning, and effective management oversight to ensure sustainable operations and passenger safety & convenience,” report says.IndiGo statement:Confirming receipt of DGCA ruling, airline said it is “committed to taking full cognisance of the orders and will, in a thoughtful and timely manner, take appropriate measures… an in-depth review of the robustness and resilience of the internal processes at IndiGo (is) underway to ensure that the airline emerges stronger out of these events in its otherwise pristine record of 19 plus years of operations”.



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Amid plans to induct Noel’s son, Tata trust cancels meet – The Times of India

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Amid plans to induct Noel’s son, Tata trust cancels meet – The Times of India


MUMBAI: The Sir Ratan Tata Trust (SRTT) cancelled its Saturday board meeting, which was expected to consider the induction of chairman Noel Tata’s son, Neville Tata, as a trustee. In contrast, board meetings of Sir Dorabji Tata Trust (SDTT) and Tata Education and Development Trust (TEDT) proceeded as scheduled.The cancellation suggests that Neville’s appointment may have been pushed back to give trustees more time for discussions – since appointing a trustee requires unanimous approval. No new date for the SRTT meeting has been notified. An email query to Tata Trusts on the cancellation of the board meeting received no response. Sir Ratan Tata Trust (SRTT), Sir Dorabji Tata Trust (SDTT), and Tata Education and Development Trust (TEDT) have several trustees in common. Except for Jehangir HC Jehangir and Jimmy Tata, the other SRTT trustees — Noel, Venu Srinivasan, Vijay Singh and Darius Khambata — also serve on SDTT’s board and participated in its meeting on Saturday, people familiar with the matter said. Jimmy, Noel’s older half-brother, usually does not attend SRTT meetings.Saturday’s development comes amid unresolved issues from the last round of inductions in Nov 2025 when the inductions of Neville and former Titan MD Bhaskar Bhat were approved by SDTT but failed to secure approval at SRTT. SDTT, together with SRTT, controls India’s largest conglomerate, the Tata Group.At the Nov 11, 2025 SDTT meeting, Khambata proposed Neville’s appointment, while Noel proposed Bhat, as TOI reported in its Nov 12 edition. Neither name was on the formal board agenda. All trustees of SDTT approved the appointments (Srinivasan did not attend the meeting as his term had expired). Later, at SRTT’s meeting on the same day, both proposals were put off for consideration at a later date.Srinivasan, who participated in the SRTT meeting, reportedly expressed reservations, stating that these proposals were not on the agenda and that such matters should not be raised under “any other items for discussion.” While items not listed on the agenda can be introduced with the chairman’s permission, Srinivasan suggested they be considered at the next board meeting, according to a person familiar with the discussion.This time, Neville’s appointment was formally listed on the SRTT agenda but the meeting was cancelled. Bhat’s name did not appear on Saturday’s agenda. Neville participated at the SDTT meeting on Saturday, marking his first formal role at the flagship foundation.



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Number of SMEs in Scotland down since 2020, figures from Lib Dems show

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Number of SMEs in Scotland down since 2020, figures from Lib Dems show



New figures from the Scottish Liberal Democrats show that small businesses have declined in Scotland since 2020.

The party’s economy spokesman, Jamie Greene MSP, has called on the SNP Government to urgently boost support for small businesses as he revealed significant drops in the number of small or medium-sized enterprises (SMEs) across Scotland.

Mr Greene asked the Scottish Government to provide the number of SMEs in every Scottish parliamentary constituency in each year since 2015.

The data showed that since 2020, the number of SMEs in Scotland has fallen from 177,020 to 171,660 – a decline of 5,360.

Over the past decade, 24 parliamentary constituencies have seen a fall in the number of SMEs, with notable declines in more rural parts of the country, according to the Scottish Liberal Democrats.

This includes a 13.8% fall in SMEs in constituencies across Aberdeen and Aberdeenshire since 2015, and an 8% fall in Caithness, Sutherland and Ross.

The Scottish Liberal Democrats have secured tens of millions in support for business in this year’s draft Scottish budget, including a new £2.5 million package backing young entrepreneurs and an initial £36 million for business rates relief.

Mr Greene said: “These figures show concerning drops in the number of small and medium-sized businesses across Scotland.

“I’ve spoken to lots of skilled and entrepreneurial people who feel there are too many barriers to starting their own business, from the SNP’s economic incompetence to the crushing burden of red tape.

“I am pleased that Scottish Liberal Democrats secured some support for businesses in the draft budget, but we think the Scottish Government can go further.

“That’s why, in the coming weeks, we will be squeezing the Scottish budget for every penny to deliver for businesses.”

Deputy First Minister Kate Forbes said: “Entrepreneurs and start-up companies are the backbone of our economy and the Scottish Government has been working systematically to develop the pipeline of support required to help them develop, grow and prosper.

“The facts show that we are making clear progress in establishing the right conditions to help business founders succeed.

“There was a 17.9% increase in Scottish start-up businesses in the first half of 2025, while investment deals in Scotland grew by 24% in the first half of 2025 compared to the second half of 2024.

“The Scottish Budget 2026-27 continues to support business, investment and a skilled workforce to accelerate economic growth, including record funding for our entrepreneurs and start-ups as we act to harness Scotland’s strengths and opportunities to drive long-term prosperity.”



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