2 ms·
These pig butchering scams play the long game with their victims. It's crazy. The payoffs are huge as well. These are just some of the stories I have heard thro
by xyst 3y ago
These pig butchering scams play the long game with their victims. It's crazy. The payoffs are huge as well. These are just some of the stories I have heard through various mediums (ie, podcasts, news stories, media segments)
- Kansas bank CEO charged with $50M embezzlement as a result of being a victim to "pig butchery". The bank itself was forced into bankruptcy due to this debacle [1]
- Woman lost $450K in pig butchering scam [2]
- US government often the subject of cybersecurity fraud as well. Pandemic relief programs paid out billions to scammers [3]
- halfway decent segment on pig butchering on "Last Week Tonight" with John Oliver [4]
Researching potential victims is so easy now with the proliferation of online dating apps. Then given how many breaches there are amongst the many services we use, it's even easier to gather more data points that can be used against a victim to drop their defenses (ie, social engineering tactics).
The Nigerian scammers of yesteryear have learned the errors of their ways. Notes taken from the "cat fishers" of the 2010s. The Indian scam call centers have graduated from script based tech support scammers to these romance scams as well since it has a larger audience beyond the elderly. Even preying on their own countrymen.
At this point, I think any relationship that continues online for more than a month and refuses to meet IRL. The relationship should be sus. I wouldn't even trust Zoom/Facetime/Webex /Meets with the accessibility of AI to generate passable entities (this combined with typical low quality streams of these services).
[1] https://foxkansas.com/news/local/kansas-bank-ceo-may-face-jail-for-50-million-pig-butchery-crypto-scam https://foxkansas.com/news/local/kansas-bank-ceo-may-face-ja...
[2] https://www.goodmorningamerica.com/living/video/woman-lost-450k-pig-butchering-romance-scam-100225596 https://www.goodmorningamerica.com/living/video/woman-lost-4...
[3] https://www.rollingstone.com/politics/politics-features/covid-relief-scam-fraud-money-billions-1234784448/ https://www.rollingstone.com/politics/politics-features/covi...
[4] https://www.youtube.com/watch?v=pLPpl2ISKTg https://www.youtube.com/watch?v=pLPpl2ISKTg
- bugbuddy 3y agoMeanwhile Indian scam centers cost Americans billions more every year and John Oliver has not heard or cared yet. Indian scam centers operate with impunity and support of local government in bed with big political bosses. This has been going for much much longer. Like many decades. Americans cry for other countries’ plight but do not care enough to help their own people.