TL;DR
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To summarize the “Pig Butchering” scam, scammers find vulnerable people, usually on dating apps, build trust with them (referred to as “fattening”), then make them invest in crypto.
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Where in the past all communication was virtual, recently there has been a spike in the lure of vulnerable people personal jobs.
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When the FBI a Public service announcement about off-shore crypto scams, it’s worth sharing.
Full story
Pretty intense title, we know….
We have previously written about the ‘Pig Butchering’ scam.
To recap, scammers find vulnerable people, usually on dating apps, build trust with them (known as ‘fattening’) and then get them to invest in crypto.
The problem is that instead of investing in legitimate crypto projects, they send their money directly to the scammer.
When the scammer feels he can’t get anything out of them, they disappear off the face of the earth.
It’s a pretty brutal scam, but the FBI (!!) just got one Public service announcement about something that takes ‘Pig Butchering’ to a whole new level.
Where in the past all communication was virtual, recently there has been a spike in the lure of vulnerable people personal jobs.
They will entice potential employees with flights and accommodation (usually to Southeast Asian countries) for high-paying “customer service” jobs.
Once they arrive, they remain in “compounds” with the other victims and the new employees are forced to make payments in various crypto projects.
(Not real projects, but scams).
Why are we telling you this?
First off, we can’t believe how crazy this is.
More importantly, when the FBI issues a public service announcement about off-shore crypto scams, it’s worth sharing.
Now you know it!
