Tinder Scammer Tricks Mom into Losing $100k Retirement Savings

1 min read
Source: Daily Mail
Tinder Scammer Tricks Mom into Losing $100k Retirement Savings
Photo: Daily Mail
TL;DR

A divorced mother of three lost over $100,000 to a scammer she met on Tinder who convinced her to invest in bogus cryptocurrency schemes. The scam, known as "pig butchering," involves building a fake romantic relationship with the victim before providing fraudulent investment advice. The con is reportedly exploding across the US and Australia, with victims losing up to $850,000. The scam is often run by criminal syndicates in Cambodia, and victims are given scripts tailored to their individual circumstances.

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