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Not much sympathy for these scammers but I do wonder how desperate some of them have to be to waste so much time on a couple hundred bitcoin max.
by Ancalagon 3y ago
Not much sympathy for these scammers but I do wonder how desperate some of them have to be to waste so much time on a couple hundred bitcoin max.
- jnsaff2 3y agoZeke Faux’s book Number go up has a couple of chapters on scammers who are actually themselves victims of human trafficking in Cambodia. Some of the scammers in the original video sound Nigerian to me, not sure what the situation is there.
- marginalia_nu 3y agoSunk costs can be pretty real with these things. It's something scammers use quite often too.
- DeRock 3y ago“A couple hundred bitcoin” is worth around $7,000,000 USD
- mhitza 3y agoScamming people is a multibillion $/year "market". Aside from Kitboga, there's another channel Scammer Payback that dismantle (sometimes, most of the time disrupt) these large call centers that exist only to scam people.
- wnevets 3y ago> but I do wonder how desperate some of them have to be to waste so much time on a couple hundred bitcoin max. Its part of the same reason so many fall for scams in the first place. They start spending the money (or whatever the reward is) before they have it and ignore any red flags to the contrary.
- mulmen 3y agoDepends on the scam. Tech support scams are very different from get rich quick scams.
- stronglikedan 3y agoThat couple hundred may be a week or more salary, depending on where they live.
- chedabob 3y agoIn one of the screenshots, Kitboga's fake page promises them the equivalent of $11k in BTC. Considering a lot of these scams originate from countries with low wages and high unemployment, not really surprising people would be willing to waste a few days for the promise of a year's salary or more.
- 4gotunameagain 3y ago> Considering a lot of these scams originate from countries with low wages Is it a faux pas to say the truth, which is Calcutta ?
- bagels 3y agoCalcutta is not a country, but many of them are located in in India or Bangladesh.
- 4gotunameagain 3y agoI'm very much aware of the fact that Calcutta is a city. The city where most online scammers originate from. Most is the right word, not many.
- HideousKojima 3y agoGot any stats on that? Why wouldn't there be a comparable amount in Mumbai or Bengaluru or any similar large cities?
- jen729w 3y agoI’d work for a couple of days for $11k and I live in Australia!
- josu 3y ago>low wages and high unemployment Low wages sure, but high unemployment is not correct. Most scammers seem to be based in India where unemployment is around 3%.
- Clubber 3y agoThe owners of the companies that employe these people can make millions a year.
- bagels 3y agoA couple hundred bitcoin? That is a substantial amount of money.
- guhcampos 3y agoA lot of these might be employees with quotas to beat. There are literally companies set up with physical call centers and employed people specializing in doing scams. I've been thinking if some of these people actually understand they are scamming others, or just following some sort of run book they know little about.
- kumarvvr 3y ago1 USD is 80 Rs., roughly. The average salary for a person working in a regular, semi-skilled job, in a tier-1 or tier-2 city, is about 50,000 Rs., or about 625 USD. For a whole month, working 8 hours a day, if the scammer can scam just 10 people, out of 100 USD each, they will be the top 10% earners in India. So, if there is a vulnerable victim, earning 5000 USD, means they can almost not work for another 8 to 10 months.