New Jersey officials have enforced a cease and desist order against three self-proclaimed cryptocurrency firms that lure romance-seekers into their fraudulent investment schemes.
“Pig butchering” is a scam where cybercriminals use social media to contact victims, instigate a romantic relationship and then lure them into a fraudulent cryptocurrency investment scheme once they’ve gained their trust.
“These scammers build up a sense of comradery between them and their victim—all to squeeze every cent they possibly can out of these people with promises of huge returns on investments.” Acting Director Cari Fais of the Bureau’s Division of Consumer Affairs also hopes that the enforcement actions will make it clear that they will “pursue scammers who prey on people’s trust.”
Chief of the Bureau of Securities Amy Kopleton suggested that the pig butcher scam works well for fraudsters because their target audience is already in a position of vulnerability.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Frozen in New York, New Jersey and Connecticut but not for longThe Arctic air that descended on the Northeast on Saturday brought dangerously cold sub-zero temperatures and wind chills to the region.
Les mer »
Nicholas Malindretos, accused of throwing Molotov cocktail at New Jersey synagogue, appears in courtThe man accused of trying to firebomb a synagogue in New Jersey appeared in court Thursday afternoon. As KevRincon reports, that suspect will be held as the investigation continues.
Les mer »
Man charged for allegedly throwing Molotov cocktail at New Jersey synagogue held without bailA man suspected of throwing a Molotov cocktail at the front door of a synagogue in northern New Jersey last weekend will remain in custody without bail following his arraignment Thursday, according to federal prosecutors.
Les mer »
New Jersey man admits paying $20,000 in failed plot to have teen killedJohn Musbach is accused of paying 40 bitcoin in 2016 to have a 14-year-old murdered.
Les mer »