Categories: Estero

How ‘pig butcher’ scammers romance and con victims out of millions – BBC News


Warning: This film contains graphic images.

Each year, people around the world lose millions of dollars to a highly-sophisticated scam known as “the pig butchering romance scam”.

It takes its name from the victims, whom scammers call “pigs” – those they can “fatten” before “butchering”.

Scammers target individuals on dating sites and social media, posing as attractive, successful professionals. They seduce and manipulate their victims, winning their trust, before luring them to invest on sham cryptocurrency platforms.

But behind the fake online profiles is a much darker reality. Those conducting the scams often do so against their will, trafficked to huge walled compounds in South East Asia.

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#Cryptocurrency #Documentary #BBCNews

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