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Similarly in a crowded bar no one can meet all their potential dates to ensure that they connect with the one who is the best match.

And a bar can only hold a few hundred people; there might be thousands of potential dates out there who just don’t much like loud music and meat-market establishments.

An impostor poses as the perfect suitor, lures a victim into a romance, then proceeds to loot his or her finances.

And now, with the twist of modern technology, con artists are finding victims through online dating sites and apps.

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Those are the equivalent of the bars that singles traditionally go to meet other singles. When stock or bond traders are trying to do business in person, it’s hard to be sure that they have canvassed all the potential buyers and sellers to get a good deal—and there might be an even better deal lurking in some other market in another city.

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“I know someone who ran into a scammer while online dating,” says Marc Riolo, a veteran of online dating who lives in Washington State.

“My friend was messaging with this guy, who said he was an oil executive flying in and out of the country, stringing her along with excuses for not meeting up.” When the suitor emailed her to say he was in jail and needed bail, the woman’s friends felt compelled to step in.