Source: BBC News.

Pig butchering scammers stole at least $3bn last year according to the FBI, with victims usually aged between 30 and 60. A BBC correspondent investigated “pig butchering” scams, where fraudsters exploit victims. Posing as a woman on Instagram, scammers contacted the reporter. He engaged for two months to learn how scammers psychologically befriend and convince victims to invest in fake crypto schemes. Click here to learn more about red flags of this scam and how it works.

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