Morris began by giving Fostok $20,000, but eventually handed over the full $200,000 from her account, CBS2 reported. Morris started incurring penalties on her funds and broke the relationship off.Morris then filed a lawsuit, and in discovery found out about his double life.

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Haissam Fostok, 45, of Wayne, withdrew the money from a 401k account belonging to Tracy Morris, 48, who he had established a relationship with after meeting online, prosecutors said.

(CBSNew York) — A New Jersey man has been arrested after allegedly taking more than $200,000 dollars from a woman he met on a online dating website.

Over several weeks after connecting, Fostok met Morris’ kids and took her out, CBS2 reported in an earlier story.

He later began asking her for money and guaranteed a 6 percent return.

Fostok faces charges of theft by deception and theft by failure to make required disposition, according to authorities.

If convicted, Fostock could face up to 10 years in prison.

Introduction Online dating is a growing industry in the United States, increasing in popularity every year.

The proliferation of dating sites has become a cultural phenomenon as millions of users flock to find romantic partners online.

Online dating is attractive for several reasons: the pool of eligible partners is large; it offers an alternative to relying on family and friends as matchmakers; people live longer and are more likely to seek new relationships later in life; and the increase in broadband access to the Internet has expanded the potential market.

Baby boomers are the fastest growing demographic in the world of online dating, perhaps due to increasing computer literacy.

Dating sites that serve cultures where arranged marriages are the norm have given singles a greater chance to participate in the process of finding a family-approved mate.