Pig Butchering Scams

BREAKING NEWS: SCARS Institute Helps Rescue Scammer Slaves in Laos! – 2024

BREAKING NEWS: SCARS Institute Helps Rescue Scammer Slaves in Laos!

Agam Firmansyah Putra Successfully Rescued from a Laotian Scammer Slave Compound with SCARS Institute Help

Primary Category: Crimes & Criminals

Author:
•  SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.

About This Article

In September 2024, SCARS Institute successfully assisted in the rescue of Agam Firmansyah Putra, a victim of an employment scam held captive in a casino complex in Northern Laos.

The complex, located in the Golden Triangle region, serves as a base for organized criminal gangs running large-scale scams with forced labor. After verifying his situation, SCARS coordinated with the International Justice Mission and Laotian rescue teams to free Agam. With support from the Indonesian Embassy, he was able to escape and return home safely to Indonesia. SCARS continues to support victims like Agam in their fight for freedom.

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Crypto Investment Scams (Pig Butchering Scams) What They Are And How To Avoid Them – 2024

Crypto Investment Scams (Pig Butchering Scams) What They Are And How To Avoid Them

An Introduction to the Explosion of Crypto-Based Investment Scams

Authors:
•  SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
•  Cezary Podkul, ProPublica

About This Article

The “Pig Butchering Scam” crypto-based investment scam is an online investment fraud scheme where individuals are tricked into investing money by criminals posing as trustworthy contacts. These scammers use various tactics, such as creating fake identities and initiating conversations on social media or messaging apps, to gain victims’ trust.

Once trust is established, victims are manipulated into depositing funds into fake brokerage accounts. The scammers then disappear with the money, leaving victims with substantial financial losses. This deceptive practice preys on unsuspecting individuals’ desire for financial gain and highlights the importance of staying vigilant and reporting suspicious activities to authorities promptly.

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Pig Butchering Scams In Southeast Asia – 2023

Pig-Butchering Scams In Southeast Asia

Author:
•  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.

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