The Washington State Department of Financial Institutions (DFI) has issued an alert concerning social networking scams.
In traditional social networks, con artists use the weekly or monthly meetings to establish strong bonds through face-to-face contact and sharing of personal interests and lifestyles.
The DFI points out that con artists can use online social networks to establish trust and credibility more quickly than traditional social networking techniques. Also, the con artist can have easier access to sensitive information of his/her targets.
For more information about social networking scams go to this DFI alert: