Dirsa described both victims as professional women scammed by expert salesmen.
One case began in January 2002, he said, after one woman met a man online through the Yahoo Personals.
The Hampton Falls Police Department is investigating two cases of online fraud.
People on the pictures are not associated with scammers in any way, they are just victims of identity theft.
If you are contacted by somebody using these pictures on a dating site or a social network, you are being scammed.
The local women were duped out of thousands of dollars they'll likely never recover, Police Chief Robbie Dirsa said.
It could happen to anyone, said Dirsa, whose officer, Jeremy Tetreault, spoke at an identity theft seminar in Hampton this past Thursday.