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…
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….
Nigerian ‘Air Lords’ Get Wings Clipped in South Africa | #datingscams | #lovescams | #facebookscams
JOHANNESBURG—It is springtime dawn in Equestria, a far-eastern suburb of Pretoria, South Africa’s capital. A heatwave’s scalding the area, with a temperature well over 80F—even though it’s only 5.30 a.m. It is weather more characteristic of midsummer. And things are about to get hotter. A 20-strong group of men and…
Lured on dating apps and social media, Asian Americans are crypto scammers’ latest target | #lovescams | #datingapps
Tsai would soon learn Jimmy wasn’t who he said he was, and that the account he’d helped her create was connected to a bogus site he controlled. Tsai would go on to lose $2.5 million to a sophisticated type of romance scam that has entrapped thousands of people around the…