Pig-Butchering Scams In Southeast Asia
• Reuters – By POPPY MCPHERSON and TOM WILSON
• SCARS Editorial Team
Pig Butchering Scams – How Deeply Wired Into Law Enforcement Chinese Criminals Are In Southeast Asia
How ‘pig-butchering’ scams have emerged as a billion-dollar crypto industry
At a Thai police headquarters in October 2022, Chinese businessman Wang Yicheng congratulated one of Bangkok’s most senior cybercrime investigators on his recent promotion, presenting the official with a large bouquet of flowers wrapped in red paper and a bow.
Mr. Wang, the vice-president of a local Chinese trade group, wished the new cybercrime investigator “smooth work and new achievements”, according to the group’s website, which displays photographs of the event.