Seeking claims to have signed up more than 500,000 UK university students since American businessman Brandon Wade (pictured with third wife Tanya) set up the website in 2006īy accessing her online banking, Duncan moved the overdraft from the new account into her student account to make it appear that he had paid her the money, before asking for the same cash to be transferred into a 'cash ISA' he had set up for her. Speaking about her alleged ordeal, Mary said she was looking for a relationship to ease university costs, saying Duncan offered her a £2,000 monthly allowance, shopping trips and unlimited access to his bank card in exchange for three or four dates a month. Seeking, which has more than 20million active members, claims to have signed up more than 500,000 British university students since American businessman Brandon Wade set up the website in 2006. Seeking provides a matchmaking service for people looking for a wealthy 'sugar daddy' or 'sugar momma' to lavish them in gifts or give them an allowance in return for dates.Ī 'sugar daddy' is a wealthy older man who gives gifts or money on, generally, a young woman in exchange for their company on dates, with many apps and websites set up to matchmake such relationships. The 'sugar baby' said she became physically ill after being conned into handing over her personal details, internet banking information and more than £2,000 to the fake 'sugar daddy'. Ī university student, known by the pseudonym Mary, told the publication that she met a fraudster called 'Duncan' on the matchmaking website Seeking Arrangement, now known as Seeking. NatWest has reportedly recorded 40 cases of such cases of fraud since August, but suggested that the real figure could be much higher as people are embarrassed to come forward. Fake sugar daddies are reportedly conning students out of thousands of pounds by posing as wealthy older men on internet dating websites.įraudsters have been posing as 'sugar daddies' online, striking up a relationship with their victim before tricking them into handing over their personal information, 'so they can send them a gift or set up a credit card for them.'īut the conmen instead use the details to access the victim's banks and spend their money, or even to set up accounts in their name, saddling them with thousands of pounds of debt, The Times reported.
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