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A qualitative analysis of pig-butchering scams

arxiv.org

21–30 of 158 posts

Re: A qualitative analysis of pig-butchering scams

#21

Wondering if it were feasible to vibe-code a Bot that would engage and invest the little sums that yield those bait gains, and harvest those. Eject at the right time.

Great original idea, you should make a Beowulf Cluster of them! With a Java Applet!

Re: A qualitative analysis of pig-butchering scams

#22
post #6

I got sucked into reading this paper, and it has completely changed my perception of these scams. They are incredibly thorough and realistic. Here are some quotes that drove this home for me. "The bond phase showed that scammers had tremendous patience; this phase lasted anywhere from 3 to 11 months before the scammer moved on to the next stage of the scam." "When I spoke to her on a video call, it was the same perso…

I saw a YouTube who had planted a mole inside one of these farms. Each guy ran something like 10 WhatsApp on his PC and when needed they had girls in a waiting room “on call” to do FaceTime.

Re: A qualitative analysis of pig-butchering scams

#23
post #11

Earlier quoted context omitted.

The cons play the statistics, and usually target people that have other issues in their life. One kind lady we knew had early Alzheimer's disease, and they still ran a crypto investor scam and fake police funds recovery con. Yes, the scams actually work on smart people too sometimes... It is not about education or IQ level, but rather if cons target someone currently vulnerable. Note: the 7 spear-phishers on YC are r…

> cons target someone currently vulnerable This. I am a senior software dev, living in Switzerland. Few years ago there was an issue with my residence permit renewal, process that should have taken few weeks took more than a year. No way to contact that Geneva immigration office, and you can't visit them personally, emails ignored. Official phone contact is just a single phone that often rang few times and then dropp…

Yeah, I remember a friend getting a call during coworking and her face just went white, and after the call she told us that was the tax people calling about irregularities (she had moved countries and was slow in sorting out her tax situation), and we all bought it - there was no sober "oh yeah it's a scam" advice from us - it was really perfectly timed, and took a day or to for her to reason through that it must be a scam. (No money lost though!)

Re: A qualitative analysis of pig-butchering scams

#24
post #6

I got sucked into reading this paper, and it has completely changed my perception of these scams. They are incredibly thorough and realistic. Here are some quotes that drove this home for me. "The bond phase showed that scammers had tremendous patience; this phase lasted anywhere from 3 to 11 months before the scammer moved on to the next stage of the scam." "When I spoke to her on a video call, it was the same perso…

Definitely sympathizes the victims even more. I had been thinking that these were 1-2 month, ham-fisted operations: establish contact and rush to grab the cash from the gullible rube. To string along the target for a year shows dedication completely separate from the pedestrian scams you normally encounter.

Re: A qualitative analysis of pig-butchering scams

#25

My dad passed away about three weeks after being fully pig-butchered, losing all of his money and reputation with family/friends. We all tried to talk him out of it, but it was like he joined a cult, for he cut us off and lost his mind. The whole sorry saga is very hard to live with. The sums of money were vast, cocaine addiction would have been a more cost effective way to go. The pig-butchers had some type of bot/A…

I'm interested in more details!

Re: A qualitative analysis of pig-butchering scams

#26
post #10

Didn't know the meaning of "pig-butchering scam", so I took it at its front value and was a bit confused.

Same here (I am French, so the language is yet another barrier). I thought this was about viral actions by extreme ecologists that get into butchering companies and expose how the animals suffer.

And I thought - "these are scams?" But hey, everything is possible.

And then got to the comments and learned a few things :) The article is very good and the comments as well.

Re: A qualitative analysis of pig-butchering scams

#27
post #6

I got sucked into reading this paper, and it has completely changed my perception of these scams. They are incredibly thorough and realistic. Here are some quotes that drove this home for me. "The bond phase showed that scammers had tremendous patience; this phase lasted anywhere from 3 to 11 months before the scammer moved on to the next stage of the scam." "When I spoke to her on a video call, it was the same perso…

Definitely sympathizes the victims even more. I had been thinking that these were 1-2 month, ham-fisted operations: establish contact and rush to grab the cash from the gullible rube. To string along the target for a year shows dedication completely separate from the pedestrian scams you normally encounter.

That's the ones i've encountered

Re: A qualitative analysis of pig-butchering scams

#28

If they’re paying out ”bait gains”, aren’t these just ponzis like Bernie Madoff?

They usually dont pay out anything. It's just target's "investment account" value grows until they want to withdraw. Obviously some scammers can even pay something at first, but it's just not usual strategy.

Re: A qualitative analysis of pig-butchering scams

#29
I often get these 'Is this ?' messages on telegram, from usually what appears to be a beautiful woman.

I always answer on the positive, it is very fun to see them try to ask a question that will make me answer 'no that's not me' so they can continue on the next part. Can recommend.

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