According to prosecutors, a Facebook user convinced him to invest in a crypto scheme that did not exist after cultivating an online romance with the man.
In this scam, the crooks view their victims as pigs that can be tempted and tricked into turning over their life savings.
8monon MSN
Pig butchering: Bay Area widow loses nearly $1M in crypto scheme, ChatGPT alerts her to scam
"ChatGPT told me no, this is a scam, you better go to police station... so I panicked at that time, I panicked and I call him. I say, you are scamming me!" the victim said.
Federal prosecutors charged Chen Zhi with operating forced labor camps across Cambodia that executed alleged 'pig butchering' scams targeting crypto investors.
Scammers are targeting victims through social media, dating apps, and texts, using fake relationships and cryptocurrency ...
WPBF Channel 25 on MSN
Jupiter man says investment scam stole his life savings, forcing him to start over at 67
The 67-year-old man from Jupiter says he lost more than $700,000 and now relies on a bicycle for transportation while searching for work.
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