China FINALLY launches probe into cruel ‘pig butchering’ con which sees fraudsters poach victims on dating apps and convince them to invest in bogus crypto schemes – after Americans lost BILLIONS to scam | #lovescams | #datingapps

China has launched a crackdown on cruel ‘pig butchering’ scam networks – which ensnare thousands of victims every year across the globe – including Americans.  ‘Pig butchering’ scams involve victims being effectively ‘fattened up’ with a fake romantic relationship before being ‘butchered’ by fraudulent investment advice. It works by scammers…

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Federal Agencies Launch Joint Effort to Alert Online Daters and Social Media Users of Romance Scams That Have Cost Americans Millions | #lovescams | #datingapps

Washington, D.C. — Today, five federal agencies joined forces to remind the public about the ongoing dangers of romance scams. The Commodity Futures Trading Commission, the Consumer Financial Protection Bureau (CFPB), the Department of Homeland Security’s U.S. Immigration and Customs Enforcement (ICE), the U.S. Postal Inspection Service, and the U.S….

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