Organised crime groups have infiltrated online dating with sophisticated ‘pig-butchering’ scams

The COVID-19 pandemic has seen an increase in cybercrime and online fraud, and with it a new, complex scam involving dating sites and cryptocurrencies; PhD candidate and Research Fellow Carlo Handy Charles explains how organised crime has pioneered the sophisticated ‘pig-butchering’ scams.

While we have been focused on the COVID-19 pandemic, vaccine mandates and related protests for much of the past two years, a wave of financial fraud has spread rapidly across Canada and around the world.

While not a deadly respiratory virus, this new approach to scamming has affected thousands of individuals globally, with victims defrauded of a record US$14 billion in 2021.

Lees verder via policinginsight.com