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Private investigators are reporting a dramatic increase in Filipino dating scams that have left thousands of men out of love and in financial ruin.Philippine PI, a professional private investigation company based in the U. specializing in Philippines background checks and investigation services, announced today a sharp rise in the reported number of internet dating scams affecting clients from the U. “The risk from romance scams and internet fraud involving the Philippines is greater than ever,” said company vice president William Carter.

“Although pre-employment, due diligence and corporate fraud cases have decreased due to the staggering global economy, infidelity and romance scam cases are up significantly,” said Carter.

His company, Philippine PI expects to report an annual growth rate of 25% for 2010 primarily due to the increase in background checks and surveillance services resulting from romance scam cases.

Philippine PI is one of the largest private investigation firms operating in the Philippines, with agents in Manila, Cebu, Davao and Cagayan.

Simon Birch who has over 18 years of experience in private investigation services and covert surveillance writes that the Philippines continues to be a major exporter of foreign brides and relationship scams.

“Many Filipinas are honest, beautiful women simply looking for a better life, an opportunity to escape the poverty. Other Filipinas, and increasingly so, are looking to cash in on the profitable industry of relationship and dating scams,” states Birch, a graduate from the University of Pennsylvania.

Sorting the good from the bad then is critical in the search for love and Birch has the following advice; When searching for the perfect Filipina, watch for the following warning signs…A Filipina who 1) proclaims her love too soon, or 2) requests money often or early in the relationship, or 3) claims she’s in financial trouble and desperately needs help, or 4) makes sudden claims of emergencies, or 5) claims she needs assistance for a visa, passport or flight.None of these should automatically disqualify a Filipina, but each should be treated as a red flag for the potential of being a scammer, someone who is dishonest, or someone who is simply after your money, states Birch.Master Hughes, a well known advocate who operates a web site to fight fraud by Philippine women called states most men become victims because of what they don’t know.The Philippine scams can often be very simple to extremely complicated with fake passports being used by women.Scammers come in different kinds says a Filipino dating website.