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A Daily News reporter has been given an in-depth perception into how pig butchering scams work after being focused himself.
Scammers seek advice from their victims as pigs, whom they fatten as much as be “butchered” – or conned, out of as a lot cash as potential.
Cyber correspondent Joe Tidy was befriended on Instagram by fraudsters pretending to be a pretty 36-year-old lady in search of a romantic relationship.
Knowing the profile for ‘Jessica’ was faux, the reporter performed alongside for greater than two months to search out out what psychological methods the pig butchers make use of to trick victims world wide into investing into faux crypto schemes.
Pig butchering scammers stole at the very least $3bn final yr in line with the FBI, with victims normally aged between 30 and 60.
