The FBI calls it "pig butchering" in America. It costs victims millions.
Scammers mislead an unwary victim, the "pig," into giving them money for a big return.
Scammers send millions of unsolicited communications daily, frequently starting with "Hi, how are you?"
Assuring a victim that the scammer has made big cryptocurrency profits is one method.
persuade the victim not to miss out on cryptocurrency investing benefits.
“This is where the ‘fattening up of the pig' comes in,” Rosen explains. You get suspicious eventually.
You request your money from the internet contact. However, that person has ghosted you.”