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.
A qualitative analysis of pig-butchering scams
21–30 of 158 posts
Re: A qualitative analysis of pig-butchering scams
#22I 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…
Re: A qualitative analysis of pig-butchering scams
#23Earlier 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…
Re: A qualitative analysis of pig-butchering scams
#24I 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…
Re: A qualitative analysis of pig-butchering scams
#25My 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…
Re: A qualitative analysis of pig-butchering scams
#26Didn't know the meaning of "pig-butchering scam", so I took it at its front value and was a bit confused.
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
#27I 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
#28If they’re paying out ”bait gains”, aren’t these just ponzis like Bernie Madoff?
Re: A qualitative analysis of pig-butchering scams
#29I 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.
Re: A qualitative analysis of pig-butchering scams
#30We should teach/learn resisting scams in school. Far more useful than any other subject.