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I have experience with this (but didn't fall for the scam). The scammer, whom I met on social media, was extremely convincing. She claimed to be wealthy. She h
by breadwinner 3y ago
I have experience with this (but didn't fall for the scam).
The scammer, whom I met on social media, was extremely convincing. She claimed to be wealthy. She has pictures with celebrities, pictures with her Lamborghini, and so on. She said her stepfather is an executive in the Monetary Authority of Singapore, which gives him access to information that other people cannot have. This information allows her to make currency pair trades that bring guaranteed profits. (This would be insider trading, technically.) She showed me screenshots of trades where she made $250,000 USD to $500,000 USD in a matter of 30 minutes (buys and sells in 30 minutes; timing is based on instructions from her stepfather). Then she encouraged me to make trades with my own money as well.
She asked me to install the Coinbase Wallet app. She asked me to press the Browse button in this app, then type seemingly random characters into the box. (Part of the scam here is that victims may not realize they are actually typing a website URL). The website then displays inside the Coinbase Wallet app, and its function appears to be part of Coinbase Wallet.
She had me create a demo account, and guided me through the steps of making a demo transaction and showed me that I could make a significant profit. Then she asked me to make a real account. By this point I was suspecting a scam so I did not go through.
All this happened over a period of 3 weeks, so the scammer takes her time to "groom" victims. An Asian lady who speaks Mandarin and speaks good English with the help of translation apps. I never met the lady in person (she claimed to be on the other coast of the USA), but I did have a video call with her. She claimed to have been using the website for two years (but in fact, internet records show this site was only created weeks before). I discovered that her phone numbers are Twilio and Google Voice VOIP numbers, and her IP address is Azure, which probably means she is logged in to an Azure VM from another country.
Warning signs: They are always far enough away that you can't meet in person, but promises she will be moving to your city soon. (Or they are from your city, but currently away on business). Wants to switch to WhatsApp or Telegram. They always do video call to show that they are a real person. Shows off their wealth, mansion-like houses, fancy cars, dining at expensive restaurants. Casually mentions investing in crypto as their source of wealth. Then wants to show you how to invest in crypto yourself.
Edit: Here are some pictures the scammer shared with me. She is with celebs (Asian celebs, I don't recognize them), in her new Lamborghini at the dealership and so on:
https://imgur.com/a/uRKaE8g https://imgur.com/a/uRKaE8g
https://imgur.com/a/HV7v1XF https://imgur.com/a/HV7v1XF
https://imgur.com/a/vDvifL2 https://imgur.com/a/vDvifL2
https://imgur.com/a/sI01Upb https://imgur.com/a/sI01Upb
- TylerE 3y agoIt's much much worse than that. There no "the woman", there was "a woman" who was hired to play the part. The rest of the operation is call center sweat shop/boiler room. Often the people involved are being held against their will. https://www.bbc.com/news/world-asia-68444058 https://www.bbc.com/news/world-asia-68444058
- bumby 3y agoThe podcast "Search Engine" recently had an episode about this [1]. One aspect that came to light is that while some targets will sometimes waste these callers time by playing along just to mess with them, they can actually be putting these people in harms way. [1] https://podcasts.apple.com/us/podcast/whos-behind-these-scammy-text-messages-weve-all-been/id1614253637?i=1000648461088 https://podcasts.apple.com/us/podcast/whos-behind-these-scam...
- the_snooze 3y agoBefore pig butchering, Reply All (Search Engine's direct forerunner co-hosted by PJ Vogt) investigated tech support scams. It's all organized crime too, but this was before they realized they can use slaves instead of hired operators. https://gimletmedia.com/shows/reply-all/6nh3wk/ https://gimletmedia.com/shows/reply-all/6nh3wk/
- gizmo 3y agoWhy did you go along with this for weeks. Morbid curiosity? Blinded by greed?
- breadwinner 3y agoIt was weeks of friendship, nothing to do with investment or greed. Only after the friendship is established do they offer guidance on wealth making.
- IncreasePosts 3y ago