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Navigating the World of Scams

Crypto Scams

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Crypto Scams

Pig Butchering: The Hidden Human Cost of Cyber Fraud

Pig butchering is a disturbing form of cyber fraud where scammers, often victims of modern slavery themselves, build trust with targets before leading them into fake investment schemes. These operations are highly organized, utilizing psychological manipulation and emotional connections, highlighting the urgent need for awareness and intervention.

RangersAI Team
August 11, 2024
Crypto Scams

Pig Butchering Scams and the Criminal Ecosystem Fueling Them in Southeast Asia

Pig butchering scams have become a global fraud epidemic, exploiting victims through financial grooming and cryptocurrency fraud. Based on a podcast with investigative reporter Cezary Podkul, this article explores how these scams operate, their deep ties to organized crime in Southeast Asia, and the role of scam compounds, shadow banking, and human trafficking. Learn how these scams have evolved, their worldwide reach, and what can be done to combat them.

RangersAI Team
November 21, 2023
Crypto Scams

Combating Crypto Scams: A Holistic Approach

This blog presents a holistic approach to combat crypto scams, highlighting the need for awareness and education from various sectors, improving prevention methods, and facilitating recovery. It also addresses the troubling link between scams and human trafficking, providing practical tips to recognize and avoid scams, including pig butchering scams.

Ayelet Biger-Levin
January 18, 2023
Crypto Scams

Can We Recover From Crypto Scams?

Pig butchering scams, where fraudsters pose as legitimate cryptocurrency companies to steal investments, are on the rise. Erin West, a prosecutor with California's REACT task force, emphasizes the importance of educating law enforcement about these scams and the need for victims to report their losses. The emotional toll on victims can deter them from seeking help, making awareness and education essential in addressing this growing threat.

RangersAI Team
January 3, 2023

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