What is a Wedding Ring scam?

This is a scam that was provided to us by a few of our users. A scammer will post on an online marketplace, usually Facebook marketplace. They will post about how their fiancé left them at the alter and they are just trying to get rid of the wedding ring because the emotional damage is too much for them to handle.

The scammer also sells the ring for such a low price, because again, they just want to get rid of it. This type of scam plays on a victim’s emotions. Victims will feel sympathy for the scammer because they can understand the pain of being left by a fiancé.

How can you stay safe?

If it’s too good to be true, it usually is. If the scammer was actually going through a situation like this, it doesn’t make sense for them to have the mental fortitude to make a post on Facebook marketplace and then constantly reply to peoples’ inquiries.