This page that you are reading now provides a quick explanation of the Pig Butchering Scam.
The web page cryptocurrency scams drills a little deeper into some elements of investment themed scams.
The Pig Butchering Scam is an extremely common scam on the internet in which a scammer attempts to build trust with a victim while posing as a victim's potential romantic partner.
Scammers might prospect for pig butchering scam victims through for example:
In a pig butchering scam, anywhere from seconds to weeks after making initial contact, the scammer will suggest that the potential victim deposit large amounts of money into one or both of:
To be clear, the scammer will not say that a website is fake, but it will be fake nonetheless.
The scammer may present a victim with screenshots of alleged investment successes.
Regardless of whether the fictitious trading history presented to the victim was created with:
it is complete nonsense either way.
Not always, but very often a scammer will employ images of an attractive East Asian woman who looks like she may be preparing to pose on a catwalk.
Some men might notice red flags, then experience a very unwarranted sense of relief when the same woman portrayed in the photos does a video chat with him.
The woman in the video chat may:
Either way, if someone you met over the internet is suggesting that you put money into cryptocurrency or foreign exchange, it is a scam.
Regarding making internet contact with women in East Asia who live outside Japan, I would not suggest proceeding with caution but rather not proceeding at all.
I expect that many people will say that the sentence above is worded far too strongly... and yet in the days, weeks, and months to come victims will continue to lose large of amounts of money.
Perhaps I am naive to think that Japan will not be added to the source of "actresses" employed in the scams.
The text above presented the scammer as an East Asian woman because that is one common scenario.
Beware that any combination of ethnicities and genders is possible in a pig butchering scam.
I am reluctant to cover some scams on this website because my website could then serve as a cookbook for how to execute internet scams.
However, pig butchering scams and sugar daddy scams are now so common that there is little danger of my explanations making things any worse.