Sens. Maggie Hassan (D-N.H.) and Marsha Blackburn (R-Tenn.) on Wednesday pressed Match Group, the parent company of the popular dating app, for information about its handling of romance scams.<\/p>\n\n\n\n
\u201cGiven Match Group\u2019s stated commitment to improving upon its historical practices relating to user safety, we write today to request documents and information about the company\u2019s policies, procedures, and practices related to fraudulent activity on its platforms,\u201d the senators wrote<\/u><\/a> in their letter to Match Group CEO Spencer Rascoff<\/strong>.<\/p>\n\n\n\n The bipartisan duo is seeking \u201call documents and communications concerning the design, development, effectiveness, or consideration of fraud prevention measures\u201d and \u201citemized quarterly investments in trust and safety.\u201d<\/p>\n\n\n\n Romance scams are a leading form of financial fraud in the U.S., resulting in at least $1.3 billion<\/strong> in annual losses, Hassan and Blackburn noted.<\/p>\n\n\n\n These scams typically see fraudsters use fake online profiles to form relationships with victims and convince them to turn over funds.<\/p>\n\n\n\n \u201cOver the years, many events have raised questions about whether Match Group\u2014in its business practices and algorithmic design\u2014has contributed to the proliferation of romance scams online,\u201d the senators added.<\/p>\n\n\n\n They underscored that the FTC accused the company of exposing dating app users to fraud in 2019.<\/p>\n\n\n\n