[HN Gopher] What is a pig butchering scam? (2023)
       ___________________________________________________________________
        
       What is a pig butchering scam? (2023)
        
       Author : baud147258
       Score  : 108 points
       Date   : 2024-03-21 13:50 UTC (9 hours ago)
        
 (HTM) web link (www.wired.com)
 (TXT) w3m dump (www.wired.com)
        
       | yungporko wrote:
       | paywalled
        
       | shaicoleman wrote:
       | https://archive.is/BvEqS
        
       | rubenbe wrote:
       | The Darknet Diaries podcast recently had an episode on this type
       | of scam: https://darknetdiaries.com/episode/141/
        
         | bobchadwick wrote:
         | As did Search Engine: https://pjvogt.substack.com/p/whos-
         | behind-these-scammy-text-.... That episode takes a really dark
         | turn.
        
         | gunnarde wrote:
         | Came here to say this! Great episode
        
         | dc-programmer wrote:
         | Mild spoiler, but I could not find corroboration for the black
         | axe human sacrifice claims anywhere on the internet
        
       | cameron_b wrote:
       | Last Week Tonight, on this
       | 
       | https://www.youtube.com/watch?v=pLPpl2ISKTg
        
         | nytesky wrote:
         | The divorcee with terminal cancer losing 2.8M was soul
         | crushing.
        
         | ahi wrote:
         | I was vaguely aware of the scam, but didn't realize that most
         | of the perpetrators are also victims. Whole thing is very
         | depressing.
        
       | acover wrote:
       | Are there bank accounts that have a person watching every
       | transaction and can call you to ask why you went to a Bitcoin
       | ATM? A bank account an elderly person with dementia could use?
        
         | graemep wrote:
         | If you have a few million in liquid assets than a private bank
         | might do that. Some do (or used to) manual daily reviews of
         | balances and manual sweeps to interest bearing accounts so its
         | not inconceivable.
         | 
         | For anything less, its too much work.
        
         | nytesky wrote:
         | You setup a trust, and you run a main account with automatic
         | transfer to their spending account for day to day.
        
         | bradley13 wrote:
         | I know someone who, due to ADHD, has trouble paying their bills
         | on time, and managing their money. They found a legal service
         | that handles their basic finances, and gives them their budget
         | for shopping, fun-money, etc.. The service is surprisingly
         | reasonable, something well under $100/month.
         | 
         | While not quite what you asked, a service like this would at
         | least provide an additional barrier, before someone hands over
         | their net worth to a scammer.
         | 
         | The next step after that, often used for elderly people,
         | involves a full power of attorney: someone else is completely
         | responsible for their finances, and hands them either cash or a
         | debit card with a small amount of money that they can use
         | however they want. But that is for extreme cases.
        
           | javajosh wrote:
           | Sounds like a great service. What is their name?
        
             | bradley13 wrote:
             | Probably not applicable to you, it's just a small
             | legal/financial/tax services office here in Switzerland.
             | Not sure how he found them - maybe they did his taxes, and
             | he asked?
        
           | 5040 wrote:
           | This sort of service can be useful for gambling addicts too.
        
           | t_mann wrote:
           | Sounds like a service that in itself requires a lot of
           | careful checking and trust, which kind of defeats the
           | purpose. If someone offered me such a service, I'd probably
           | assume that it was a scam. Things like 'Regulated by FINMA'
           | may mean less than you might assume.
        
         | dcow wrote:
         | The thing with a Pig Butchering scam is it's not the drive-by
         | gift-card/bitcoin Kitboga variety you're thinking of. Asian
         | organized crime groups build entire fake trading platforms and
         | convince otherwise well adjusted healthy people to set up their
         | own accounts and dabble with investing their own money. The
         | platform is fake and the money is gone as soon as you move
         | money to it. But you don't know until you try to withdraw.
        
         | kurthr wrote:
         | If you're over 80 years old and don't do online banking, but
         | are convinced by someone calling "from the FBI" that your
         | account is in danger, Wells Fargo will happily try multiple
         | times to transfer your life's savings to multiple different
         | Bitcoin bank accounts (the first few closed for fraud and funds
         | returned) over more than a week and several visits, then open a
         | new credit card and transfer the maximum cash advance
         | electronically as you read the newly issued password out to
         | someone on the phone in their presence, and never mention
         | there's a danger in doing this or question your decisions,
         | until all your money is gone.
         | 
         | How do I know? If you happen to have been a school teacher for
         | 50 of those years, you keep excellent hand written notes of the
         | events, that make your relatives sick to their stomachs.
        
           | suzzer99 wrote:
           | Wells Fargo really is rotten to the core. The other banks at
           | least make cursory efforts to prevent this stuff.
        
             | kurthr wrote:
             | The only saving grace was that they ended up on the hook
             | for the cash advance.
        
       | causi wrote:
       | _the scammer seizes the opportunity to strike up a conversation
       | and guide the victim toward feeling like they've hit it off with
       | a new friend_
       | 
       | Ah, so not something we of the 'tism need worry about. The only
       | way I respond to wrong numbers is by blocking them.
        
         | BadHumans wrote:
         | I sent a text to wrong number last week and I'm grateful the
         | recipient let me know it was a wrong number so I wasn't just
         | sitting there waiting for a reply from my friend that was never
         | going to come.
        
         | digging wrote:
         | Mostly, although autistic folks can also get extremely lonely
         | and we all present differently. A few years ago I actually got
         | one of these "random wrong number" texts and, although I
         | thought it was real and responded, I just didn't engage when
         | they tried to keep talking. I did suspect it was a scam at that
         | point but even if it hadn't been, I was not interested in
         | meeting any random person - statistically we would not likely
         | get along!
        
       | 7174n6 wrote:
       | There is a move to rename the crime to "financial grooming"
       | because the term "pig butchering" is an intentional form of
       | victim shaming. Anyone who is still using the term pig butchering
       | should be immediately discredited.
        
         | spaceisballer wrote:
         | Honestly that makes sense, the main reason the public doesn't
         | hear about these things is because victims don't want to speak
         | on this. They just got swindled, can you really blame them?
        
           | carlosjobim wrote:
           | In almost every scam there is an element of "grey legal
           | area", where the victim thinks that they are doing something
           | slightly illegal or completely illegal and that's why it is
           | going to pay out so well for them. That is to make sure
           | victims don't tell police or really anybody. "Hey I was
           | putting all my money into this criminal scheme, but instead I
           | got scammed, can you help me?"
           | 
           | That is why we have the old saying: "You can't fool an honest
           | man"
        
             | digging wrote:
             | > In almost every scam there is an element of "grey legal
             | area", where the victim thinks that they are doing
             | something slightly illegal or completely illegal
             | 
             | That isn't true of pig-butchering scams, or in general.
             | 
             | > That is why we have the old saying: "You can't fool an
             | honest man"
             | 
             | The saying is "You can't _cheat_ an honest man ". And it's
             | also bullshit. Don't trust old sayings; you can quote me on
             | that.
        
               | carlosjobim wrote:
               | How are you so sure, and why are you so angry as to rage
               | against old sayings? The pig butcher scammers might very
               | well tell their victims that the supposed crypto
               | investments are not allowed in China, to make them seem
               | more lucrative.
        
               | orwin wrote:
               | No, that's not how it works.
               | 
               | The most effective way is to get a 'finance' app approved
               | on the Apple/Google store (which is easy), then you send
               | your victims there after grooming them for multiple
               | weeks, then show above average returns, but not
               | exceptional ones, so they keep depositing their savings,
               | then when they try to withdraw, you make a message like
               | 'you have to pay 40% taxes on your total earnings, please
               | deposit that much before you can withdraw'.
               | 
               | That's why I think 'pig butchering', despite the negative
               | connotation, is accurate. Yes, grooming is part of the
               | scam, but it isn't the majority of it.
        
               | digging wrote:
               | > How are you so sure?
               | 
               | No, _you 're_ the one who made a claim unsupported by
               | TFA, that victims usually believe they're acting
               | illegally.
               | 
               | The scammers might very well tell everyone carlosjobim
               | put them up to it. You can't just assume something is
               | happening because it technically could happen.
        
               | carlosjobim wrote:
               | I was talking about why victims are many times reluctant
               | to talk to the police or others when they've been
               | scammed. My comment was not in response to the article,
               | but to another comment.
               | 
               | Frankly you seem to be looking for some kind of argument
               | where there is none.
        
               | digging wrote:
               | It just looks like I'm more upset than I am because of
               | how I write.
               | 
               | Your comment claimed that most scam victims believed they
               | were doing something illegal; I don't think that's a
               | reasonable claim without evidence.
        
         | snapcaster wrote:
         | People have to use words understood by others to communicate.
         | this is the first time i've ever seen this term and agree it's
         | better but don't think it's fair to discredit people using the
         | current term
        
         | hyperhello wrote:
         | Don't you think that term might be offensive to swinds?
        
         | blowski wrote:
         | Seems to me that the name is an extremely vivid explanation of
         | what's happening, and might therefore prevent it happening, by
         | sticking in people's minds. Better to prevent it happening at
         | all than name it to make people feel better about themselves.
        
         | toast0 wrote:
         | Financial grooming is a better name anyway. Maybe not the best,
         | but I assumed a pig butchering scam had something to do with
         | pigs or butchery, like maybe selling other meats as pork or
         | pork as other meats, or selling products sourced from pigs as
         | vegan.
         | 
         | Financial grooming has money right in the name. And there's
         | other victim grooming patterns, so I wouldn't think 'financial
         | grooming scam' is something to do with recombing a president's
         | hair.
        
         | trompetenaccoun wrote:
         | It's a literal translation of the original Chinese term. This
         | scam has been popular in Asia for years. One can use a
         | euphemisms but it doesn't really help the victims. Also the
         | term "grooming" has a negative connotation itself since some
         | Western media outlets started using it to downplay child gang
         | rape. See the British "grooming gangs".
        
           | GJim wrote:
           | > Western media outlets started using it to downplay child
           | gang rape
           | 
           | What _on Earth_ gives you this ridiculous idea?  "Grooming"
           | certainly isn't a euphemism. It is an entirely accurate and
           | descriptive term.
        
         | splitstud wrote:
         | This weird drive to compel the speech of others is the thing
         | that needs to be discredited.
        
           | thetoon wrote:
           | As I've been told long enough "be strict in what you give, be
           | liberal in what you accept". We're all welcome to apply
           | (arbitrary) strict rules to what we say, but we ought to live
           | with the fact not every does (or, anyway, have the same set
           | of rules to start with)
        
         | GJim wrote:
         | "Financial grooming" is the term in common use in the UK.
         | 
         | I've never heard of 'pig butchering' which sounds rather victim
         | blaming and certainly would not be used as a *descriptive* term
         | by UK banks, government or media.
        
           | rprospero wrote:
           | I'm also in the UK and I'm not seeing the victim blaming part
           | of it. I don't think it's a great term, given that I had no
           | idea what it meant until I read the article. Then again, I
           | would have assumed "financial grooming" was a service offered
           | by a concierge banker to lower my direct debits. Out of the
           | two phrases, I do feel that saying "my uncle is being
           | butchered" will get law enforcement to act more quickly than
           | saying that he's being "groomed".
           | 
           | I'm obviously missing some context or nuance here, since
           | you're the second person to identify the connotation. Is it
           | the "pig" part?
        
         | 7174n6 wrote:
         | This place is ridiculous. How do I get downvoted for trying to
         | help the victim from being stigmatized? The term is horrible,
         | and there is no legitimate reason to use it.
        
           | seryoiupfurds wrote:
           | > There is a move to rename the crime to "financial grooming"
           | because the term "pig butchering" is an intentional form of
           | victim shaming. Anyone who is still using the term pig
           | butchering should be immediately discredited.
           | 
           | Your first sentence was fine, although I disagree that the
           | term is _intentional_ victim shaming.
           | 
           | But you came into a forum where people know term A, and went
           | on full blast with "anyone who is still using (well known)
           | term A instead of term B (that many people didn't even know
           | exists) should be immediately discredited."
           | 
           | That's needlessly aggressive and doesn't really help get your
           | message across.
        
           | rprospero wrote:
           | You're right that this place is ridiculous. However, as I
           | mentioned in a cousin comment, I don't see the stigma and you
           | haven't done a good job of explaining it.
           | 
           | Is it because the word "pig" implies that the victim hasn't
           | kept Kosher and that the scam is god's punishment for that?
           | Is there a general consensus that people who are "butchered"
           | deserve to be murdered? This stigma was obvious and immediate
           | for you, but I'm not picking it up. I don't wish to
           | perpetuate the stigma, but you haven't shared what it is.
        
             | saintfire wrote:
             | As far as I know the "pig" part is about fattening
             | (increasing trust and and thus the payout) them up before
             | butchering (scam exit). Really doesn't seem like victim
             | shaming. If anything it makes me feel worse for the victim
             | because its a long con involving trust and feelings.
        
           | stcroixx wrote:
           | Horrible? I can see mildly offensive, but horrible? Why is it
           | so bad exactly?
        
       | noodlesUK wrote:
       | The thing that I don't understand is why the telecom companies
       | that are letting these scammers SMS spam en masse are not being
       | cut out of the domestic telecom market. There should be a certain
       | percentage of spam reports to legitimate messages that is just
       | permadeath for the telco. I'm pretty sure if I tried to use
       | twilio to send these kinds of messages I'd get banned, but there
       | are sketchy sms/sip companies who go out of their way to enable
       | the bad behaviour.
       | 
       | STIR/SHAKEN is a good start, but we need to come down hard on
       | this.
        
         | Nextgrid wrote:
         | Nobody seriously tries to stop spam because they make money off
         | it.
         | 
         | If someone tells you that it's impossible to trace the origins
         | of spam, ask yourself how they can know whom to bill.
         | 
         | The reality is that it's possible and easy but only when the
         | bottom-line is concerned.
        
           | noodlesUK wrote:
           | This is why there needs to be regulation with teeth.
           | 
           | It needs to make business sense to prevent spam/scams by
           | there being penalties for screwing things up, and incentives
           | for doing well. Otherwise you're right, unscrupulous telco
           | companies like to make money by charging scammers to send
           | messages to customers.
        
             | Nextgrid wrote:
             | We need regulation and regulators with a minimum of
             | technical skills, common sense and bribery/lobbying being
             | adequately punished that it's no longer seen as worth it.
             | 
             | Currently that's not the case, so the excuse of not being
             | able to trace the source of the spam is successfully
             | preempting regulation as nobody involved has the skills
             | and/or financial incentives to ask "hold on, how come you
             | know who to bill but not who's originating the spam?".
        
               | ryandrake wrote:
               | We need a proactive and inquisitive press that questions
               | PR and asks these companies to clarify why they say what
               | they say. Our current media simply reports "In a
               | statement, Company X said Y" and leaves it at that.
        
           | ianburrell wrote:
           | I don't know if the phone providers are making money on
           | scams. Phone calls that have gotten so cheap that VoiP calls
           | from overseas may not be charged anything. It is also likely
           | that the overseas scammers are using US machines to make the
           | calls. My guess is that the scammers don't want to pay
           | anything since greedy and don't want charges that can be
           | traced.
           | 
           | Simpler explanation is that the phone companies don't care
           | about the scams because it doesn't affect them. They aren't
           | liable, and there is no mechanism to report scams to them,
           | and make them spend money investigating.
        
             | Nextgrid wrote:
             | Calls and texts are of course cheap on a per-unit basis,
             | but they're still not _free_. So not only it means that in
             | aggregate, telcos will lose maybe 10% of revenue if they do
             | fight it, but most importantly that detail actually means
             | every bit of traffic has a paper trail associated to it
             | (since this traffic must be billed for) and thus all the
             | information required to trace the source of the spam _is_
             | there, just that everyone (including regulators) are
             | financially incentivized to look away and pretend it isn
             | 't.
        
               | rightbyte wrote:
               | I would pay 10% more for a phone plan some with spam
               | blocking. Like, even just as simple as blocking all voip
               | phones or foreign numbers.
        
           | lazyeye wrote:
           | Yes how easy would it be to auto-detect unusual activity on
           | their systems likely to be scammers? How many people ring
           | random numbers 24/7 in foreign countries for legitimate
           | reasons for example?
        
         | dghughes wrote:
         | >STIR/SHAKEN is a good start...
         | 
         | It seems to have done nothing. Even for phones I get more spam
         | than ever. Same for my Mom 99% of calls to her landline are
         | scammers.
        
           | RajT88 wrote:
           | Something has changed. The auto warranty scam calls have
           | stopped, which at one point were the majority of scam calls I
           | got. Scam calls are most of my calls as well.
           | 
           | Now I get:
           | 
           | - Travel package scams (I believe this is related to
           | timeshares, this is most calls I get).
           | 
           | - Medicare/Medicaid scams (a close second by volume)
           | 
           | - Auto accident scams (pitching an insurance payout)
           | 
           | - Home security system scams (free security system!)
        
             | Wistar wrote:
             | These days--meaning the last few weeks--I get:
             | 
             | * Home remodeling come-ons. So many. They know my name.
             | Often "I'm calling for my Dad's construction company, xxx,
             | who is working in your area ..." It's a different company
             | name every time.
             | 
             | * Medicare BS.
             | 
             | * "Scare" scams--just lately with no specific reason, just
             | words such as, "...your case is urgent and you must call
             | our agent Sam at 555-xxx..."
             | 
             | * Tax relief crap.
        
               | RajT88 wrote:
               | Oh yeah - the home remodeling ones - I get those
               | occasionally.
               | 
               | Also occasionally solar company calls. These appear to
               | just be really shady lead generating companies, but the
               | solar companies are real (if maybe themselves a little
               | shady).
               | 
               | Once in a long time I get the "scare" scams - those are
               | usually claiming you owe the IRS a bunch of money.
        
               | derekp7 wrote:
               | The scare scam I got a while ago was a "cop" claiming
               | that I missed showing up for jury duty that morning. He
               | spoke "cop talk" and passed me to another "officer", who
               | tried to convince me that since I missed showing up for
               | jury duty that a bench warrant was issued which would
               | result in me getting arrested if I tried to show up to
               | the court house to "post bond". Instead, he recommended
               | that I use a remotely located "bond posting" machine they
               | have in several locations (he rattled off 3 addresses),
               | and I can give him the receipt number and that would
               | clear up the warrant. It just so happened that if you
               | googled "Bitcoin ATMs", it came up with those 3 locations
               | as the first three results.
               | 
               | Now what really pissed me off is that it took more than
               | half an hour to get to the scam part -- they put me on
               | hold multiple times, and passed me back and forth between
               | the two "cops", with really no information given to me.
               | Once it got to the demand for money, I started putting
               | them on hold, until I hung up (which he of course warned
               | me not to do), and they kept calling back until I blocked
               | the number.
        
           | noodlesUK wrote:
           | Anecdotally, I tend to agree. I have both UK and US phone
           | numbers. The US phone number receives _dramatically_ more
           | spam calls than the UK one, despite us not having STIR
           | /SHAKEN in the UK yet. I don't know if that's because the US
           | people are likely to be juicer targets (richer etc) or
           | because of some infrastructure difference that makes it more
           | of a hassle to do in the UK.
        
         | laweijfmvo wrote:
         | I'm certain the "Report Junk" thing on my phone is completely
         | ignored, if only because I clicked on it 100 times by accident
         | when it was first rolled out (with very poor UI, IMO).
        
         | hocuspocus wrote:
         | I get very little SMS spam, and they're usually filtered by
         | Google Messages so I don't even notice.
         | 
         | And in this case, pig butchering scammers use Telegram and
         | Whatsapp mostly.
        
           | harkinian wrote:
           | Yeah, WhatsApp was the first place I saw these scams, and I
           | continue to get these messages from "women" on there.
        
       | nytesky wrote:
       | The fake apps for the scam are egregious. Come on Apple Store.
       | 
       | Honestly for ACH and wire transfers they should have required
       | financial counseling before executing -- I remember that women
       | with the "CIA" cash scam was handed a brochure, maybe they should
       | sit down with CFP or someone before they can execute.
        
         | mrguyorama wrote:
         | Your daily reminder that Apple has a walled garden to protect
         | you.... from giving anyone else a 30% cut of every payment you
         | make.
         | 
         | App that claims to be a trading business? Sure, greenlit no
         | problems here. App that is obviously a scam version of
         | lastpass? Hell yeah, get on the app store, you pass muster.
         | 
         | A trivial update to an open source app that doesn't even have
         | any form of payment and requires nearly no permissions because
         | it's not sending your data to fifteen different data brokers?
         | 
         | Hey, hold on there, that sounds sketchy so you will be denied
        
       | breadwinner wrote:
       | I have experience with this (but didn't fall for the scam).
       | 
       | The scammer, whom I met on social media, was extremely
       | convincing. She claimed to be wealthy. She has pictures with
       | celebrities, pictures with her Lamborghini, and so on. She said
       | her stepfather is an executive in the Monetary Authority of
       | Singapore, which gives him access to information that other
       | people cannot have. This information allows her to make currency
       | pair trades that bring guaranteed profits. (This would be insider
       | trading, technically.) She showed me screenshots of trades where
       | she made $250,000 USD to $500,000 USD in a matter of 30 minutes
       | (buys and sells in 30 minutes; timing is based on instructions
       | from her stepfather). Then she encouraged me to make trades with
       | my own money as well.
       | 
       | She asked me to install the Coinbase Wallet app. She asked me to
       | press the Browse button in this app, then type seemingly random
       | characters into the box. (Part of the scam here is that victims
       | may not realize they are actually typing a website URL). The
       | website then displays inside the Coinbase Wallet app, and its
       | function appears to be part of Coinbase Wallet.
       | 
       | She had me create a demo account, and guided me through the steps
       | of making a demo transaction and showed me that I could make a
       | significant profit. Then she asked me to make a real account. By
       | this point I was suspecting a scam so I did not go through.
       | 
       | All this happened over a period of 3 weeks, so the scammer takes
       | her time to "groom" victims. An Asian lady who speaks Mandarin
       | and speaks good English with the help of translation apps. I
       | never met the lady in person (she claimed to be on the other
       | coast of the USA), but I did have a video call with her. She
       | claimed to have been using the website for two years (but in
       | fact, internet records show this site was only created weeks
       | before). I discovered that her phone numbers are Twilio and
       | Google Voice VOIP numbers, and her IP address is Azure, which
       | probably means she is logged in to an Azure VM from another
       | country.
       | 
       | Warning signs: They are always far enough away that you can't
       | meet in person, but promises she will be moving to your city
       | soon. (Or they are from your city, but currently away on
       | business). Wants to switch to WhatsApp or Telegram. They always
       | do video call to show that they are a real person. Shows off
       | their wealth, mansion-like houses, fancy cars, dining at
       | expensive restaurants. Casually mentions investing in crypto as
       | their source of wealth. Then wants to show you how to invest in
       | crypto yourself.
       | 
       | Edit: Here are some pictures the scammer shared with me. She is
       | with celebs (Asian celebs, I don't recognize them), in her new
       | Lamborghini at the dealership and so on:
       | 
       | https://imgur.com/a/uRKaE8g
       | 
       | https://imgur.com/a/HV7v1XF
       | 
       | https://imgur.com/a/vDvifL2
       | 
       | https://imgur.com/a/sI01Upb
        
         | TylerE wrote:
         | It's much much worse than that. There no "the woman", there was
         | "a woman" who was hired to play the part. The rest of the
         | operation is call center sweat shop/boiler room. Often the
         | people involved are being held against their will.
         | 
         | https://www.bbc.com/news/world-asia-68444058
        
           | bumby wrote:
           | The podcast "Search Engine" recently had an episode about
           | this [1]. One aspect that came to light is that while some
           | targets will sometimes waste these callers time by playing
           | along just to mess with them, they can actually be putting
           | these people in harms way.
           | 
           | [1] https://podcasts.apple.com/us/podcast/whos-behind-these-
           | scam...
        
             | the_snooze wrote:
             | Before pig butchering, Reply All (Search Engine's direct
             | forerunner co-hosted by PJ Vogt) investigated tech support
             | scams. It's all organized crime too, but this was before
             | they realized they can use slaves instead of hired
             | operators.
             | 
             | https://gimletmedia.com/shows/reply-all/6nh3wk/
        
         | gizmo wrote:
         | Why did you go along with this for weeks. Morbid curiosity?
         | Blinded by greed?
        
           | breadwinner wrote:
           | It was weeks of friendship, nothing to do with investment or
           | greed. Only after the friendship is established do they offer
           | guidance on wealth making.
        
             | IncreasePosts wrote:
             | Do you just strike up friendships with random people who
             | message you?
        
               | rightbyte wrote:
               | Come on. It used to be perfectly normal.
        
         | erehweb wrote:
         | Curious - what tipped you off to this being a scam? And when
         | you were still believing, why did you think she wanted to share
         | her "inside knowledge" with you?
        
           | breadwinner wrote:
           | I was the wrong demographic for this scam. I am successful in
           | the stock market so I would never have fallen for
           | questionable investment schemes, especially one involving
           | trading on insider knowledge.
        
         | GJim wrote:
         | Wait.....
         | 
         | A stranger (out of the goodness of their heart) lets you in on
         | their secret technique for making PSMILLIONS, and you didn't
         | immediately tell them to bugger off?
        
           | ryandrake wrote:
           | Yea that's what I don't get. I _almost_ can see falling for
           | the "Microsoft tech support" and "I am the IRS" and "Your
           | nephew needs bail money" scams, as they all sound like
           | emergencies and I can see people setting aside common sense
           | to handle an emergency. At least until the iTunes Gift Cards
           | take the stage. LOL.
           | 
           | But "hello Internet Stranger I know how you can invest and
           | make $millions?" LOL how does that make any sense? Put
           | yourself in the scammer's shoes: you found a way to double
           | your money. Are you really going to tell random people on the
           | internet how to do it? Obviously not.
        
             | Turing_Machine wrote:
             | > At least until the iTunes Gift Cards take the stage. LOL.
             | 
             | Yes, I'm amused by those too. In my experience, the IRS has
             | always wanted US dollars. But maybe Apple gift cards became
             | legal tender without us noticing?
             | 
             | LOL indeed.
        
               | bombcar wrote:
               | Scammers target people who will fall for it; immigrants
               | are already used to using gift cards for various things
               | and reasons, so they are not as likely to immediately
               | recognize it as a scam.
               | 
               | Which is why all gift card racks now have the "IRS IS NOT
               | ASKING YOU FOR THIS GIFT CARD" signs on them; still not
               | good enough.
        
               | ryandrake wrote:
               | I guess another, more controversial regulatory path we
               | could go down is:
               | 
               | Does the world really need gift cards? Do their few,
               | anachronistic legit use cases outweigh the scam use
               | cases? I personally believe gift cards are an overall net
               | negative, even just considering the amount of plastic and
               | packaging wasted on them, but add on the scam aspect, and
               | we have to ask: should gift cards even be a thing?
        
               | bombcar wrote:
               | If not gift cards, something else.
               | 
               | They're just currently the most effective "give me some
               | numbers over the phone and now I have money" currently
               | available.
               | 
               | It used to be Western Union, but it would move to
               | something else.
               | 
               | Cash, money orders, PayPal, Zelle, any number of things
               | have been used and will be used.
        
               | ryandrake wrote:
               | You're absolutely right and I can tell you've given this
               | topic much more thought than I have. Thanks!
        
               | erehweb wrote:
               | https://www.cbsnews.com/news/gift-card-scam-get-your-
               | money-b... says that gift card fraud was c. $200M in
               | 2022, and that people have about $20 billion in unspent
               | gift cards. Flow vs stock, but it seems like the majority
               | of usage is legit. (Though maybe not for particular
               | businesses).
        
               | Turing_Machine wrote:
               | > Do their few, anachronistic legit use cases outweigh
               | the scam use cases?
               | 
               | Anachronistic? I still give these as small gifts all the
               | time, and every grocery or department store I go in seems
               | to have a rack of them at the checkout stand.
        
               | 5040 wrote:
               | Often, they won't call them gift cards. They'll use
               | things like "verification card." Newly arrived immigrants
               | are often hopelessly confused already. They'll fall for
               | fake job offers. These "jobs" will eventually require
               | them to get gift cards. It can escalate into blackmail.
               | The victim will have handed over all sorts of private
               | information as part of the job application/interview.
        
             | DharmaPolice wrote:
             | You're right of course but the thing is - it's not "Hello,
             | how would you like to make millions" - It's "Hello, how are
             | you?" followed by a period of building the person's trust.
             | And then it's an incidental "Oh btw, did I mention I'm
             | involved in this great investment club". At this point a
             | gullible person is seeing this other person as their friend
             | (or more, a lot of people are lonely). Wouldn't you share
             | your investment strategy with your friend?
        
               | ryandrake wrote:
               | Yea I think that also needs to be part of The Talk with
               | your elderly relatives, too: Random online people are not
               | looking to make friends with you, no matter how friendly
               | they seem, they are taking advantage of your loneliness.
               | I can see how the conversation could be unpleasant and
               | you need to be delicate and respectful when telling it.
        
           | breadwinner wrote:
           | They are only a stranger on the first day, right? After weeks
           | of chatting, you feel like you know them. They take their
           | time, and only into the second or third week do they offer to
           | share their wealth making technique.
        
           | bombcar wrote:
           | They send you a text "Hey, how's it going? Remember Paris?"
           | 
           | And you reply "new phone who dis" and they apologize and chat
           | about unrelated things for weeks becoming your friend.
           | 
           | This is why any text from an unknown number should be "block
           | and report as spam".
        
             | mrguyorama wrote:
             | >And you reply "new phone who dis" and they apologize and
             | chat about unrelated things for weeks becoming your friend.
             | 
             | Or maybe, just maybe, you should rethink how much you
             | actually KNOW someone who you've merely been texting with
             | for a few weeks.
             | 
             | I wouldn't trust my closest friend giving me advice about
             | making money, because his advice was an MLM. I sure as fuck
             | am not taking financial advice from someone I have never
             | met face to face. Even if they are legitimately letting me
             | in on a way to make free money, it's probably unethical at
             | best.
        
         | toss1 wrote:
         | Yup, too long ago for this scam, but the dating scam. Woman
         | from Russia, a number of nice email conversations, then she
         | wants to come to meet me. I suggest we meet in the EU,
         | splitting expenses, and of course that will not work. Push it a
         | few more times (absolutely not picking up the option she's
         | pushing to "send money to help with my airfare to the US"), and
         | _surprise_ , I got ghosted. This scammer/scam-team at least
         | seemed to fairly quickly pick up the signs of a non-cooperative
         | target.
        
       | ryandrake wrote:
       | Everyone with elderly parents needs to at some point sit down and
       | have "The Talk" with them about online scams and ideally media
       | literacy in general. The scams are getting more sophisticated
       | (technically and socially) and the scammers are getting much more
       | patient and long-term focused since they can rely on not getting
       | shut down. With convincingly articulate LLMs on the horizon, the
       | problem is only going to get worse and more accessible to would
       | be scammers.
       | 
       | Yes, it's not just the elderly who are victims of these, but a
       | lot of people at that age are too trusting of strangers and of
       | people who _sound like_ authorities. And let's face it: older
       | people have all the wealth in the world anyway so they're more
       | likely to be fruitful targets.
        
         | boringg wrote:
         | "And let's face it: older people have all the wealth in the
         | world anyway so they're more likely to be fruitful targets."
         | 
         | Your comment would have resonated without the unnecessary last
         | line that I don't even believe - are they they the ones who
         | built all the technology companies in the last two decades?
        
           | kennywinker wrote:
           | In a capitalist system, you don't have to build anything to
           | have all the wealth.
           | 
           | Statistically I believe op is correct, wealth is more
           | concentrated in older demographics, and it has been
           | increasing in concentration for quite a while now.
        
           | organsnyder wrote:
           | Baby boomers and Silent Generation people hold over 60% of
           | the wealth in the United States. Gen X-ers have about 30%.
           | 
           | https://www.nasdaq.com/articles/more-than-half-of-us-
           | wealth-...
        
             | dragonwriter wrote:
             | > Baby boomers and Silent Generation people hold over 60%
             | of the wealth in the United States. Gen X-ers have about
             | 30%.
             | 
             | It would be more significant that the first two groups have
             | twice as much aggregate wealth as the last if they didn't
             | also have over a time and a half the population. (>30% vs.
             | <20%.)
             | 
             | https://www.statista.com/statistics/296974/us-population-
             | sha...
        
             | neilk wrote:
             | Millennials hold about 9%.
             | 
             | Fun fact: Mark Zuckerberg personally holds over 1% of that
             | 9%.
             | 
             | (That is, he holds ~0.09% of all the wealth of US citizens,
             | and happens to fall into the group of Millennials who as a
             | group have ~9%. This from rough calculations and googling.
             | There's an old reddit post that has about the same numbers.
             | https://www.reddit.com/r/theydidthemath/comments/nbqfvn/req
             | u...)
        
           | johnmaguire wrote:
           | https://www.peoplespolicyproject.org/2020/10/02/wealth-
           | inequ...
           | 
           | Data comes from
           | https://www.federalreserve.gov/econres/scfindex.htm
        
           | ryandrake wrote:
           | If you were a scammer, and your cold call console had three
           | buttons: "20-40 year old", "40-60 year old" and "60-80 year
           | old", which one would you push to optimize your chance of
           | finding someone with the right combination of wealthy,
           | trusting, and lonely? Even ignoring things like cognitive
           | decline and loneliness, I'd hit the older button every time,
           | despite the fact that yes some wealthy 20-60 year olds do
           | exist.
        
             | boringg wrote:
             | "And let's face it: older people have all the wealth in the
             | world anyway"
             | 
             | My argument is that your comment is incorrect (hint: they
             | don't have all the wealth in the world) and your tone.
             | 
             | I don't disagree that they are the best target if you are a
             | scammer its how you delivered the comment awfully close to
             | blaming the prior generation for all our woes .. i.e.
             | doesn't matter anyways because they "have all the wealth in
             | the world anyways" flippancy.
        
               | ryandrake wrote:
               | Come on. "All the wealth" is obviously a benign
               | exaggeration, just like if I were to have said "I do this
               | _all_ the time" or "You _always_ do that".
        
               | michaelt wrote:
               | You haven't looked at the statistics on this, have you?
               | 
               | Imagine vastly simplified world where people are in full
               | time education (with no income and zero net worth) until
               | age 20, then they start earning wealth at a constant
               | rate. At age 30 they'd have 10 years of savings. At age
               | 60 they'd have 40 years of savings, and that's 4x as
               | much.
        
         | animex wrote:
         | Cognitive decline plays a big role in the susceptibility of
         | elderly folks.
         | 
         | An uncle of mine was a notoriously a ruthless businessman in
         | his heyday and he fell prey to a gift-card scam where he was
         | kept on the phone for 8 hours straight while he did their
         | bidding. We were all shocked he fell for this but then realized
         | the techniques that they use prey upon individuals with
         | inability to deal with stress or trigger anxiety/panic causing
         | them to act irrationally.
         | 
         | As I age, I've noticed similar declines in ability to deal with
         | multiple tasks, stress, etc.
         | 
         | A better defence is to reduce the attack surface. While, I have
         | legal financial control over mom's estate, suffering from
         | moderate dementia, I've removed her ability to interact with
         | her finances by removing her check book (she had loaned a large
         | sum to an acquaintance without informing us), lowering her
         | credit card limits, removed access to online banking,
         | maintaining a low-balance checking account. All her expenses
         | are on autopay. She doesn't even think about her finances
         | anymore. Whenever she gets telemarketers, she always says "you
         | have to talk to my son". Once in a blue moon she asks me "do I
         | have money? I don't even know" -- and I reassure her she
         | doesn't have to worry about money.
         | 
         | I've done the same -- 2factor, using disposable credit card
         | numbers, maintaining a separate PayPal-linked bank account
         | separate from my main account etc, text notifications on all
         | transactions etc.
         | 
         | The sophistication and technology being used is also becoming
         | problematic in detecting these scenarios even for highly
         | aware/technical folk.
        
           | bombcar wrote:
           | Setting the phone to not ring for unknown numbers is also
           | powerful, but to make it work best you need a way to be able
           | to "add" numbers remotely.
           | 
           | I wish it was more intelligent; I'd love to tell it what area
           | codes to permit; the advantage of having a phone from half
           | way around the country is that I only care about a few area
           | codes and the scammers don't know which ones those are.
        
             | ryandrake wrote:
             | Sadly, area codes are no longer a meaningful signal of
             | anything. My family has three cell phones and one VOIP
             | number; and those use four different area codes, hundreds
             | of miles apart.
        
               | bombcar wrote:
               | It's a signal that a call is a scam - 99.99999% of calls
               | to me from the area code of my phone number (and
               | surrounding area codes) are worthless scam calls, because
               | of https://xkcd.com/1129/
               | 
               | I'd love to ignore all calls from unknown numbers EXCEPT
               | the actual area code I reside in, which they don't know.
               | Then calls from schools, doctors, etc might actually get
               | through.
               | 
               | As it is, those go to voicemail and I get them
               | eventually.
        
               | acheron wrote:
               | His year is off -- my area code is where I lived in
               | 2002-03 and specifically not in 2005, but yeah. I blocked
               | all that area code except for a couple specific numbers.
        
               | dmitrygr wrote:
               | WideProtect on iOS can get you most of the way there:
               | "block all phone numbers in the following area codes
               | except those in my contacts book"
        
               | arcanemachiner wrote:
               | I regularly get scam calls that spoof my area code.
               | 
               | Hell, my number is even commonly spoofed! Every few
               | months, I get a call from someone, then I get to explain
               | to them that scammers can spoof phone numbers.
        
               | petsfed wrote:
               | I got threatened with violence, while I was watching my
               | first born child sleep, hours after her birth, by someone
               | who was convinced I'd spent the previous hours repeatedly
               | calling his girlfriend.
               | 
               | He was not willing to listen to reason.
        
               | idontwantthis wrote:
               | I thought that would work for me, and I got a local
               | number before moving across the country. Somehow I'm
               | getting spam calls from where I actually live now, and
               | not from my phone's area code. No idea how that happens.
               | I haven't gotten a single spam call from the area code.
        
               | philistine wrote:
               | The US rule that disconnects phone providers without
               | authentication for phone numbers isn't active yet.
        
               | petsfed wrote:
               | You misunderstand.
               | 
               | I have a Wyoming area code. There are less than a million
               | of those in circulation. I haven't lived in Wyoming in
               | years, so the odds that a call with a Wyoming area code
               | is both a) not already in my contacts and b) legitimate,
               | is basically zero. So I let every single (307) call go to
               | voicemail, and if they leave a message at all, I listen
               | to it (and 99 times out of 100 discover that its a failed
               | robocall. That 1 time, its an authentic wrong number, and
               | I've called a few back if it sounded like something they
               | were expecting to hear back about).
        
           | ryandrake wrote:
           | > The sophistication and technology being used is also
           | becoming problematic in detecting these scenarios even for
           | highly aware/technical folk.
           | 
           | This kind of worries me too, but I think we can still defend
           | almost 100% by just following rule #1:
           | 
           | "Do not send money in response to anyone contacting you
           | unsolicited, either over the phone, email, SMS, social media,
           | etc."
           | 
           | You can get a lot of mileage from just that. There is never a
           | case where such contact is not a scam or spam. If it's
           | someone you know or already do business with, use rule #2:
           | hang up, wait an hour, and call them back using a number you
           | know to be correct.
        
             | boomboomsubban wrote:
             | >There is never a case where such contact is not a scam or
             | spam.
             | 
             | Bail?
        
               | ryandrake wrote:
               | I edited my comment to clarify Rule #2: hang up, wait
               | some time, then call back on the known correct number.
        
               | boomboomsubban wrote:
               | If they're in jail, that's not going to work.
        
               | aidenn0 wrote:
               | You can lookup the number of the jail they are supposedly
               | in.
               | 
               | There was a scam attempt against me that spoofed the
               | caller-id to look like the county sheriff; scammer would
               | _not_ agree to me calling them back on that (or any
               | other) number for the sheriff.
        
               | AnIrishDuck wrote:
               | Um, yes it will?
               | 
               | You pay the court clerk [1]. You either pay in person, or
               | possibly online depending on the jurisdiction. If you
               | aren't paying in person, you'll need to contact them
               | directly anyway, and their contact info should be easy to
               | verify. It's not like they're going to be sitting next to
               | the detained party on the phone with a bitcoin deposit
               | address.
               | 
               | 1. https://legalaidnyc.org/get-help/bail-
               | incarceration/what-you...
        
             | dreamcompiler wrote:
             | Except then your "friend" will say they are traveling and
             | they lost their phone (or it was stolen) and they have
             | borrowed a phone from a friend, so you don't have a known
             | good number to call them back.
             | 
             | In which case still call them back at the number you know
             | is good. If they answer, you know the thing was a scam. If
             | they don't answer, you don't know. Call known numbers of
             | friends and family of the "victim" to find out if they
             | really are traveling. This is not definitive, because the
             | scammers might have called those people too.
             | 
             | I think the key to these situations is to ask questions of
             | the "victim" that only the real person would know the
             | answers to. They need to be questions about shared
             | experiences that would not have appeared on social media.
             | If they try to blow you off like "I'm under too much stress
             | to think about such things right now!" hang up.
             | 
             | Also, consider asking your friends to let you know before
             | they travel, and arrange with them a pass phrase they can
             | say if they contact you for an emergency. Maybe a duress
             | pass phrase too such that if they say it, you'll know
             | they're in _real_ trouble. Is this a pain? Is it too much
             | to ask of many people? Yes and yes. But this is the world
             | we 're in now until we decide to start putting scammers in
             | prison for long sentences.
        
               | t_mann wrote:
               | I've tried to establish simple language codes with close
               | relatives to deal with such scenarios, but I don't think
               | I could rely on them remembering those. It's just such an
               | awfully awkward conversation to be having that I suspect
               | most people like to forget about it quickly. Any
               | experiences with this or tips?
        
             | michaelmrose wrote:
             | As someone trying to initiate new business over the phone
             | as an insurance producer this is both reasonable and
             | worrisome. As someone who isn't trying to scam anyone it
             | concerns me that scams are so pervasive this may continue
             | to be incredibly difficult by less legitimate actors.
             | 
             | I'm experiencing difficulties in even contact people who
             | have expressed interest because they have expressed a
             | broader interest than me eg they expressed an interest in
             | foo and are now getting contacted by bar who has a
             | relationship with foo but is not in fact foo and the
             | contact could have occurred weeks ago.
             | 
             | I could stand up a website and plaster it with verifiable
             | information but much of that info like say professional
             | license is itself by dint of being public not entirely
             | verifiable eg I could put up a website for Sam Spade with
             | his license info. For the same reason you are able to
             | verify his license number--its public--its not an actual
             | verification that you are speaking to the right person.
             | 
             | Perhaps more relevant its easy to just never get to speak
             | to the person in the first place because their defenses are
             | rightfully up.
             | 
             | I wish there was an easier way to authenticate as legit.
        
               | ryandrake wrote:
               | I think in this case, it counts as spam rather than a
               | scam, which is why I mentioned both.
        
               | michaelmrose wrote:
               | If you click a link, fill out a web form, send in a
               | physical letter, or make a phone call and effectively say
               | I want to get info on <product> and the company gives
               | your name to an affiliate who is a licensed professional
               | to try to sell you <product> I don't think it counts as
               | spam either.
               | 
               | I wish your phone had a standardized way to link your
               | expressed intent, the nature of the caller, and official
               | nature/licensing or professional affiliation and show
               | this data on your phone during receipt or during call
               | kind of like you can click on an icon and get information
               | about the legitimacy of a website.
               | 
               | EG when you express the interest in <product> a singular
               | number is created on your end and carried through to
               | anyone who is actually acting such request whether it was
               | asking someone to fix your cable or sell you life
               | insurance and you could then verifiably see beyond caller
               | idea and absolutely verifiable and relevant info in order
               | to ascertain more data than is available via caller ID
               | 
               | On September 2nd 2005 you told comcast their bad
               | equipment was making you consider rage stomping said
               | equipment. You are receiving a phone call from agent
               | 34534 in the <country> who is officially employed by
               | Comcast domain: xfinity.com to handle tech support
               | regarding this issue. OR
               | 
               | On December 10th 2012 you requested information re: life
               | insurance from <Company>. You are receiving a call from
               | <agent> who is a licensed insurance producer license
               | #asdfasdf who has been an insurance producer for n years
               | and has zero complaints regarding this request.
               | 
               | It would be great if you could even address this request
               | online via some standard like canceling it so nobody bugs
               | you or attaching metadata
        
               | mindslight wrote:
               | If someone fills out a web form looking for quotes, and
               | that form pushes them into entering their phone number,
               | and you use that number to call them instead of
               | responding with an emailed quote, that is most certainly
               | spam.
        
               | michaelmrose wrote:
               | Insofar as I'm aware they literally expected to be
               | contacted by a person. The majority haven't provided an
               | email nor sufficient information that would allow anyone
               | to reasonably provide anything beyond a table of values
               | that they may or may not qualify for.
               | 
               | I'd love to collect my own data and converse over email.
               | I would be overjoyed in fact but I don't think people
               | will put their personal medical history in a web page
               | that isn't their doctors and I don't really blame them.
        
               | mindslight wrote:
               | My experience is the consumer side of
               | home/auto/moving/storage with web pages promising online
               | quotes, but are actually just leadgen funnels that hand
               | off phone numbers to traditional high-touch sales
               | processes. I'm sure the sales reps that receive those
               | lists believe the targets actually want to be called, but
               | that's obviously a convenient fiction with the way the
               | web pages are set up.
               | 
               | I've also gotten spam calls that are similar leadgen
               | funnels, where the frontend is obviously robocall spam,
               | and then you're transferred to sales reps at what is
               | likely a different company who clearly expect to be
               | speaking to bona fide interested customers rather than
               | perturbed spam victims just looking to mess with them.
               | 
               | In general I've got to question the impedance mismatch of
               | turning a web form into a phone call regardless of
               | whether it's necessary. To me they're much different head
               | spaces, and just because evening/night me is
               | preliminarily looking into a topic doesn't necessarily
               | mean that daytime me wanted to add it to the in-process
               | run queue. I wouldn't be surprised if a lot of your
               | rejection is based on this dynamic where people wanted
               | the interaction/information at the time they requested
               | it, but not later when you're interrupting them doing
               | something else.
        
               | michaelmrose wrote:
               | Thanks for the feedback. I think the process of buying
               | some products is inherently difficult because the space
               | is very fragmented and there really isn't a lot of
               | incentive to streamline the process.
        
             | rightbyte wrote:
             | There is a risk associated with not wireing money never
             | ever. Your brother could very well need 100usd for gas to
             | some strangers phone wallet, since he lost his phone and
             | wallet, etc. If he is in some foreign nation not sending
             | money could very well make him end up on the streets.
             | 
             | I would have been screwed like two times in my life if I
             | couldn't solve stuff like this.
             | 
             | I think the limit should just be how much you send.
        
           | wolpoli wrote:
           | > I have legal financial control over mom's estate
           | 
           | A note to anyone in Canada reading this: This would be
           | considered a bare trust and it would have to be declared to
           | the CRA, starting this year.
        
             | infinite8s wrote:
             | And it requires a different return that needs to be filed a
             | month earlier.
        
           | singleshot_ wrote:
           | What I worry about is that some jerk with a model of my voice
           | has been helping my parents through this process for the last
           | couple of years.
        
           | suzzer99 wrote:
           | > We were all shocked he fell for this but then realized the
           | techniques that they use prey upon individuals with inability
           | to deal with stress or trigger anxiety/panic causing them to
           | act irrationally.
           | 
           | It's a good thing politicians and politcal propaganda outlets
           | don't make use of this. :/
        
         | mindslight wrote:
         | Good luck getting them to listen and take you seriously rather
         | than engaging the standard ego defense of "I would never fall
         | for that".
         | 
         | And in general "don't give out money or information to anyone
         | calling on the phone" is good advice, but thinking it's a
         | complete solution is a bit fanciful. I'll admit to personally
         | finding myself on the receiving end of a call from $bank, and
         | in a moment of weakness having supplied various bits of low-
         | stakes personal information for their "verification". I had
         | called them earlier and was expecting a response, but it could
         | have just as easily been a scam calling at the perfect time.
         | After the mental gears started turning and I realized how
         | little I actually knew about the incoming call and how the
         | requests were escalating, I stopped the conversation and asked
         | where I could call _them_ back. The point is it took a
         | realization on my part, because these banks utilize highly
         | deficient security procedures that make people comfortable with
         | insecure behavior (starting with the use of effectively public
         | information for  "identity verification"), and the scammers
         | only need a very tiny sliver of success rate to make it
         | profitable.
         | 
         | Also many of these scams are legitimate-business adjacent
         | (medicare billing, medicare advantage, save money on
         | electricity/tv, political campaigns, etc). Old people just want
         | someone to talk to, effect their own fading agency, and really
         | do believe the spiel of a friendly sounding person promising to
         | help them. The potential damage there is lower than accounts
         | being drained, but the continuum makes it hard to draw an
         | absolute line when the "helpful" quasi-scammers blow right
         | through it.
        
         | karaterobot wrote:
         | I had "The Talk" with my parents, 82 and 79 respectively. They
         | were surprised to learn about it, but they seemed to basically
         | get it. They nodded. I said "what happens if you get a text
         | message from your bank with a link to a webpage?" and they said
         | "never click the link, go to the bank website and look for an
         | alert, then call up the bank if I can't find it there". And so
         | on.
         | 
         | Great, that's that worry taken care of.
         | 
         | Not even one month later my mom spent an hour on the phone with
         | a scammer before my dad finally got suspicious and made her
         | hang up. I still have no idea what all they had her do, and she
         | doesn't remember either. We had to basically treat it as a
         | successful identify theft and potential intrusion into her
         | device, even though she didn't actually give them any money,
         | thankfully.
         | 
         | So, I don't know if The Talk actually does it. For her, it was
         | the fact that there was another person on the line (people
         | wouldn't lie to you, obviously) and that this person was
         | telling her they'd get in trouble if she didn't go through
         | these steps with them. The scammers are cynical experts,
         | they're way more sophisticated than the median elderly person
         | they're fucking with.
         | 
         | This all made me very scared for them, because I don't even
         | know if this single incident will be enough to make them
         | sufficiently canny.
        
           | ryandrake wrote:
           | Yea it's not perfect but it's at least one step. Sadly, older
           | people maybe just grew up in a more trusting US society, and
           | are therefore more trusting themselves. If someone calls them
           | up and says "hi, I'm Jim, from the County courthouse, and I
           | wanted to discuss a matter with you," heck they might by
           | default believe him! It sounds ludicrous to you or I but
           | their minds are from a different era. "Telephone calls are an
           | expensive, special thing" their 1950s mind thinks, "surely he
           | wouldn't call unless it was a real thing and important!"
           | 
           | I don't even answer the phone to begin with. Everything goes
           | to voicemail. If it's important, they will leave a message,
           | and I can determine later whether they are to be believed.
        
             | vundercind wrote:
             | > Sadly, older people maybe just grew up in a more trusting
             | US society, and are therefore more trusting themselves
             | 
             | > It sounds ludicrous to you or I but their minds are from
             | a different era. "Telephone calls are an expensive, special
             | thing" their 1950s mind thinks
             | 
             | This is the key--grew up in a world where people often
             | weren't around their phone to answer it immediately (the
             | older ones, maybe a world in which not everyone even had a
             | phone!) and it cost money to make long distance calls, so
             | mass-call scams had trouble being profitable.
             | 
             | I mean, hell, that's only not been the state of things for
             | a relatively short time. I was still paying connection and
             | per-minute fees for long distance calls until at least the
             | mid '00s.
             | 
             | I think it's seriously worth considering whether we _need_
             | some more cost-friction on long distance connections. That
             | 'd be a pretty elegant way to curb this, since nobody seems
             | willing to just force the telecoms to fix it directly.
        
             | jmull wrote:
             | I've got to say, this is pretty cringy and more than a
             | little naive.
             | 
             | Of course there are old people falling for scams --
             | dementia is a lot more prevalent and they tend to have
             | retirement accounts -- but younger people are vulnerable
             | too.
             | 
             | Pig butchering often has a crypto component, a scam that
             | appeals much more to younger people. I googled for
             | demographics on this and came up with this:
             | 
             | https://www.globalantiscam.org/post/statistics-of-crypto-
             | rom...
             | 
             | Looks like everybody needs "the talk".
        
         | suzzer99 wrote:
         | My Dad is the most paranoid online person in the world, and
         | still almost fell for a scam. He won't even open an online
         | banking account because he assumes that means he can't get
         | hacked.
         | 
         | But then he got an email from my mom (they're divorced but
         | still friends) that was so obviously a hack, not addressing him
         | by name, and asking him to "help me purchases some stuffs on
         | Amazon," and he was about to go through with it. I got the same
         | email, and almost didn't contact my dad because I thought no
         | way he'd fall for it. But he was just about to offer to help
         | her buy some "stuffs" on Amazon.
         | 
         | I'm not sure there's anything you can do, including the talk,
         | to stop this.
        
         | swatcoder wrote:
         | > a lot of people at that age are too trusting of strangers and
         | of people who sound like authorities
         | 
         | Barely yesterday, and probably again tomorrow, throngs of
         | people in their twenties and thirties were borrowing money to
         | buy digital tulips whenever some dude on Twitter posted a graph
         | with a line going up and a stock photo of a Lamborghini.
         | 
         | The threat of being scammed is not age-specific, although the
         | ways people are approached and coached by scammers are
         | sometimes different.
         | 
         | > and let's face it: older people have all the wealth in the
         | world
         | 
         | I know this is just a popular and divisive trope that pits one
         | bunch of struggling people against another, but you must know
         | different "older people' than I do if it rings true for you.
        
           | rightbyte wrote:
           | The best scammers are those who convince their victims that
           | they also are scammers.
        
         | neilk wrote:
         | For my aging relatives I have set up code words to be used for
         | actual emergencies, in case I'm impersonated over text.
        
           | t_mann wrote:
           | How did you approach this, and how successful do you think it
           | was? Do you have any tips?
        
         | dylan604 wrote:
         | > With convincingly articulate LLMs on the horizon, the problem
         | is only going to get worse and more accessible to would be
         | scammers.
         | 
         | Eventually, maybe we can just run any email, text, or even
         | phone calls through our own LLM driven assistant that detects
         | and notifies about the scam.
        
         | dhosek wrote:
         | My 80+-year-old mother, being 80+ years old, still has a
         | landline, which she still answers when there's an unfamiliar
         | number. However, she's also alert enough that she apparently
         | enjoys toying with the scammers. She got a call from someone
         | who addressed her as "grandma" and said that he needed money
         | because he was stuck overseas. "O[?]?" she asked using the name
         | of my son who was in kindergarten at the time. "Yes!" the
         | scammer asked. "Why aren't you at your kindergarten?" she
         | asked. The scammer hung up.
         | 
         | I learned about the above story when I sat down to have the
         | "the talk" with her.
        
       | freitzkriesler2 wrote:
       | Father fell prey to one of these scams. He asked me about crypto
       | trading and mining so I talked him through it. He then mentioned
       | he was doing it through a company whose name was big in the forex
       | world.
       | 
       | I got confused because the forex company wasn't involved in
       | crypto so I asked him for the site nor was anything he said
       | related to trading or mining.
       | 
       | Going to the site, i immediately knew it was a scam. I asked him
       | how he got a hold of this and some chinese woman had cold texted
       | him. He's a senior so of course boomers are ripe for the pick
       | since he lived alone. Ended up buying $10k worth of crypto to
       | send to this scam site.
       | 
       | When he tried to withdraw they sent h some nonsense email about
       | tax withholding from the WTO and subsequently "froze" his account
       | until he deposited 75% more.
       | 
       | The worst part of the ordeal was how defensive he got with me
       | about it. He was more concerned with the nonsensical scenario of
       | him losing his PoA than losing $10k to an otherwise obvious scam.
       | 
       | I showed him some of the fun culturally insulting things I've
       | said to indian and Chinese scammers who cold text.
       | 
       | Dad ended up getting a part time job to occupy himself and have
       | some people to talk to. Haven't heard about him day trading or
       | mining crypto either. I said if he wants to get into day trading
       | to do it through some US based company you've heard before and if
       | he wants to mine crypto, then I'll help him find hardware to do
       | it.
        
         | baobabKoodaa wrote:
         | > I said if he wants to get into day trading to do it through
         | some US based company you've heard before and if he wants to
         | mine crypto, then I'll help him find hardware to do it.
         | 
         | I like that you didn't tell him to stop doing these things
         | entirely (even though that might arguably be for his best) but
         | instead you told him you would help him do these things if he
         | wants to do them.
        
           | freitzkriesler2 wrote:
           | It's his money to lose. Id rather he be day trading and
           | losing money with a slight chance he might get lucky than
           | playing slot machines which are a guaranteed to lose money.
           | 
           | Crypto mining is a passive activity so no harm there
        
       | ct0 wrote:
       | My company has phishing tests regularly. There needs to be a
       | subscription service to test your elderly and disabled loved ones
       | on their ability to discern a scam from non-scam.
        
         | badcppdev wrote:
         | Perhaps it needs to be like vaccines and immune systems... pay
         | someone to scam your elderly relatives for small amounts of
         | money so they learn.
        
       | coupdejarnac wrote:
       | I've encountered this so many times, and it always follows a
       | similar pattern. I tell them to fuck off in Chinese and call it a
       | day.
        
         | FabHK wrote:
         | Remember though that many of the people manning the chats are
         | trafficked victims themselves.
        
           | coupdejarnac wrote:
           | That makes no difference.
        
       | freitzkriesler2 wrote:
       | I get a lot of scammers on my IG account messaging me. Typically
       | they're the profiles of young women. A lot of the time, I
       | verbally insult them or ask how the cat fishing is going. My
       | favorite is telling them to stand in front of a mirror with the
       | current date written on a piece of paper. Since they're all ESL,
       | they fail this hard.
       | 
       | But one time, I decided to see how far I could take it.
       | 
       | Had a scammer message and follow me on IG. I went ahead with it.
       | We kept it going for about a month which escalated to sending
       | pretty scandalous pictures.
       | 
       | The scammer asked to me my d*ck. Full disclosure, I'm a pretty
       | average 5.5 inches. Instead of sending a real picture of mine, I
       | found one online of some guy who had a massive slong held next to
       | what looked like a 7/11 big gulp cup for comparison.
       | 
       | I sent the pic to him and immediately the scammer reveals himself
       | and threatens to reveal my messages and pic to my other followers
       | on IG unless I send him some Bitcoin.
       | 
       | I chuckle and say, "go for it". Now my friends all know me really
       | well and wouldn't be phased by this. My buddies I went to school
       | with know my size because of the sports teams I played on with
       | them and they thought it was the funniest thing in the world.
       | 
       | The girls all immediately began talking amongst themselves and I
       | started getting hit on by acquantances that followed me.
       | 
       | Was probably one of the funniest stunts I've ever done.
        
         | ryandrake wrote:
         | Wait, wait, wait... the scammer actually made good on his
         | threat to send the Big Gulp Schlong picture to all your
         | friends? LOL I never knew what they did when you called their
         | bluff. That's amazing!
        
           | freitzkriesler2 wrote:
           | Yup he did. This was a year or so ago and it was the funniest
           | thing I've ever done.
        
             | ryandrake wrote:
             | Holy shit, I want to do this so bad now. Maybe I'll start
             | answering those "Hot Asian MILFs In Your Area Want To Sex
             | You" ads. LOLOLOL. Sadly they're probably just OF ads and
             | not scams though.
        
       | notShabu wrote:
       | An insight that allowed me to get past mental blockers to
       | bargaining (guilt, awkwardness, etc...) was the thought "I am a
       | person, just like you, not some animal to be milked"
       | 
       | This allows the price to be sought in a non-adversarial way since
       | it makes building a connection and understanding of the local
       | situation a part of the communication.
       | 
       | Much of the awkwardness comes from not really understanding how
       | the local market and local way of life works while also basically
       | being royalty from an economic perspective. This out-of-touchness
       | creates a principal agent problem where the "foreign" other is
       | distrusted but also relied on for "truth".
       | 
       | The negative experience doesn't come from the literal economic
       | damage of being scammed but being treated (or programmed) like a
       | pig let to slaughter.
        
       | RajT88 wrote:
       | I like to string scammers along for fun, if I have spare time.
       | 
       | These "pig butchering" scams provide hilarious possibilities.
       | 
       | They like to send their photo pretty early (always an attractive
       | Asian lady), so I try and beat them to the punch and send my own
       | photo (of course, also a photo of an Asian lady). Curiously, this
       | doesn't deter them! My wife finds this particularly hilarious.
       | 
       | One time, I had 2 people randomly texting me at the same time,
       | using the same name - Jenny. I started sending them screenshots
       | of each other's conversations, which kind of annoyed them. "Which
       | Jenny is this? Do you know the other Jenny?" lol
       | 
       | A list of things which also doesn't seem to deter them or make
       | them think they might be being toyed with:
       | 
       | - Claiming to work for the FBI (in an anti-scammer unit)
       | 
       | - Being homeless
       | 
       | - Claiming to be Peter Frampton
       | 
       | - Claiming to be Bill Clinton
        
         | muttled wrote:
         | I'd be surprised, given the technical savviness and polish of
         | these scams, if they weren't using LLM's that are scripted such
         | that the bot isn't "aware" it's a scam.
        
           | RajT88 wrote:
           | I don't think they are. They don't immediately reply all the
           | time. And like I say - they get annoyed sometimes and tell me
           | to fuck off once they figure out I'm toying with them.
        
           | Muromec wrote:
           | The real way they do it is by offering a nice job in IT to
           | somebody with a passable written English (read Indian), then
           | traffic them to Shan states in Myanmar and beat them into
           | doing it. Apparently it scales better and is more predictable
           | than LLM.
        
             | sp332 wrote:
             | Also the Philippines https://www.bbc.com/news/world-
             | asia-68562643
        
             | gryn wrote:
             | > Apparently it scales better and is more predictable than
             | LLM.
             | 
             | there's something in this sentence that hit different.
        
           | harkinian wrote:
           | These scams have been going on since before LLMs were
           | passable in English convo, and I'll bet they're still using
           | whatever human labor they had.
        
           | dragonwriter wrote:
           | LLMs (either online services--which also risk getting cut off
           | --or the hardware to run them locally) are probably a lot
           | more expensive than trafficked workers.
        
         | lukan wrote:
         | I think most of them are largely automated at this point, with
         | the human scammers overlooking lot's of fishing gear. Only
         | writing in some situations themself.
         | 
         | Telegram is full of them, often they are so blunt, that you
         | wonder why so stupid. But I saw people react and fall for them
         | in group chats (where other people could intervene), so
         | apparently it works with private chat. And they use all kinds
         | of pictures (not just asian) and try to adapt them to the local
         | groups at times. But the general theme: sucessful and happy.
         | Making the victim wannabe just like his new friend.
         | 
         | Some people are really desperate for success, so they ignore
         | all warnings and go for it.
         | 
         | Seriously messing with them would require LLMs at this point,
         | to automate it as well.
        
           | rightbyte wrote:
           | > But I saw people react and fall for them in group chats
           | 
           | Are you sure they were not co-scammers though or the same
           | scammer? Seems like scamming 101 to make victims fomo.
        
         | harkinian wrote:
         | If I had two of these at once, I'd copy/paste the messages from
         | one to the other and vice versa - make them talk to each other.
        
         | sp332 wrote:
         | Last week, hundreds of kidnapped people were freed from a scam
         | center in the Philippines where they were forced to carry out
         | pig butchering scams. https://www.bbc.com/news/world-
         | asia-68562643
        
         | CollinEMac wrote:
         | You very well may have been talking to victims of a fraud
         | factory.
        
           | khazhoux wrote:
           | What does this mean?
        
             | CollinEMac wrote:
             | https://en.wikipedia.org/wiki/Fraud_factory
             | 
             | Scammers aren't always acting on their own free will.
        
               | vundercind wrote:
               | Is making a scammer less-productive, so possibly saving
               | some number of vulnerable people from losing their
               | ability to support themselves in retirement, ethical if
               | that scammer may (may!) not themselves benefiting from
               | the scam, and may be beaten or otherwise punished for
               | poor performance?
               | 
               | ... my god, might we even have a moral obligation to
               | _help them_ make their numbers?
        
         | barfbagginus wrote:
         | This practice is called scam baiting, and there are communities
         | you can join, like 419 eater. You can improve your techniques
         | there.
         | 
         | But be careful with scambaiting.
         | 
         | 1. Scammers can have networks, with connections that are more
         | violent and capable than a given scammer. They might be capable
         | of hitting you with a drive by, doxing, swatting, or hiring
         | local muscle to visit you. The risk of this is kind of
         | 'expensive' escalation low but not zero - especially if you're
         | causing real problems for an operation
         | 
         | 2. Many scam agents are victims coerced into scamming by their
         | bosses. This makes it unethical to bait them unless you have
         | the power and intent to liberate them - which almost no scam
         | baiters do
         | 
         | 3. Many scam agents have bots for dealing with repetitive
         | objections or harassment attempts. It doesn't cost them
         | anything to string "vigilantes" along with low effort bot
         | responses, occasionally dropping the payload URL, hoping you
         | will make a mistake
         | 
         | 4. Some scambaiting activities are illegal and could make you
         | liable for legal penalties - things like verbally harassing
         | scammers, hacking scammers back to surveil their operations,
         | threatening to have scammers beaten or murdered, etc.
         | 
         | Remember that the agents that you're talking to are softies,
         | with a little power, but they're working under the supervision
         | - and often the coercion - of hardened criminals in many cases.
         | Scambaiting should not be done just for fun. It should be done
         | with some form of desire to help liberate the victims enslaved
         | by these operations.
         | 
         | I have personally chosen to stop most of my own scambaiting
         | operations until I find a new form of scambaiting that can
         | actually help victimized scammers.
         | 
         | The only kind of scam baiting that I do now is teaching python
         | and open source contributions on GitHub, with the hope that
         | teaching a valuable skill can help a scammer escape the cycle
         | of crime and extortion. If a potential scammer is willing to
         | learn Python with me and start making open source
         | contributions, I don't really care what else they are doing.
         | But of course this approach has a downside - I could be
         | teaching valuable programming skills to a person who will just
         | use them to automate their scamming operation.
        
           | wizerdrobe wrote:
           | In what jurisdiction would I be liable for verbally harassing
           | a scammer?
           | 
           | I ask because worked for a cybersecurity firm and we would,
           | on occasion, and mostly the "teh lulz" screw with phone
           | scams. Our legal had nothing to say on that front.
        
           | host0 wrote:
           | "Hello, I'm calling from the Microsoft regarding an issue
           | with your computer" "Sure, lets talk about the difference
           | between a module and a package"
        
           | CamperBob2 wrote:
           | _But of course this approach has a downside - I could be
           | teaching valuable programming skills to a person who will
           | just use them to automate their scamming operation._
           | 
           | Exactly; I'm sure that in many cases the people who taught
           | them English had similar hopes.
        
         | ben_w wrote:
         | I used to get dodgy calls. Still do on my UK number. Back when
         | I was still in the habit of actually picking up, if I got such
         | a call I would advise the other party to join a trade union,
         | which generally resulted in _them_ hanging up instantly.
        
         | Jun8 wrote:
         | Does anyone have a good explanation;anation why a photo of an
         | _Asian_ woman is used in almost all cases, as opposed to, say,
         | German looking or Indian woman. Is it because they are deemed
         | to be the most attractive for the target victim demographic?
        
         | manquer wrote:
         | Well they are victims too , they are held in prison like
         | compounds and forced to work 16 hours a day and physically
         | abused . They don't have a choice but to talk to you .
         | 
         | Everyone you engage you are making it worse for the person on
         | the otherside
        
       | deathanatos wrote:
       | Jim Browning did a thing on these:
       | https://www.youtube.com/watch?v=vu-Y1h9rTUs
       | 
       | The second half of the scam -- the cryptocurrency theft. The one
       | I've seen recently is variations on any of the terms "ChatGPT MEV
       | arbitrage ETH slippage bot"; in essence, the author claims to
       | have used ChatGPT to write a bot that _waves hands_ does
       | something something with arbitrage and makes tons of money. The
       | explanation is technobabble, and the claims are often like  "earn
       | returns of $2k/day", which is of course solidly into the "way too
       | good to be true" territory. The "smart" contract just steals your
       | money, it's that simple.
       | 
       | I have been seeing these _all_ over my YouTube sponsored videos.
       | I.e., _the scammers are running these as ads_. I 've reported
       | them as I see them, but thus far, YouTube has taken down exactly
       | none of them, AFAICT. (In fact, my entire report history is 0%
       | removed, despite every entry being a rather crystal clear ToS
       | violation since I'd otherwise have been too lazy to go through
       | the flow for it.) As I write this, both ad slots on the homepage
       | are this scam.
        
         | pornel wrote:
         | Instagram is also full of these scam ads, and they remove maybe
         | 1 in 20 I report. Many of them are obviously fake or hacked
         | accounts, e.g. having "Nail Salon" as the business type on
         | their profile, but their posts are promising $$$ if you have an
         | account on Binance.
        
       | theshrike79 wrote:
       | I wonder when banks start offering delayed payment options,
       | similar to vaults having timed locks.
       | 
       | You can transfer that 100k to the Very Reliable Businessman, but
       | it'll require you to accept the transfer now and confirm it 2-3
       | business days later before it activates.
       | 
       | I'd really want one of those on my accounts when I get older,
       | preferably with a limit closer to 1k.
        
         | Muromec wrote:
         | Just give your second factor to your children once you get
         | older, they will also be more aware of scams
        
         | mrguyorama wrote:
         | The problem is, the people being scammed are convinced what
         | they are doing is necessary. When our system prevents a grandma
         | from buying $500 of iTunes gift cards at Target because it is
         | clearly a scam, they will call our customer support help line
         | and beg us to help them "get their niece out of jail" or
         | whatever bullshit has been fed to them. We literally have to
         | fight them to help them not be scammed.
         | 
         | By the time you are sending someone money, you "trust" them.
        
       | robrenaud wrote:
       | Is there a sustainable business for a company that monetizes
       | defenses against pig butchering?
       | 
       | If you could make a honey pot LLM that engages the scammers,
       | costing them time and learning their patterns, even misleading
       | the scammers and figuring out their crypto wallets, could that be
       | a profitable endeavor?
        
       | lazyeye wrote:
       | Cambodian slave labor
       | 
       | https://www.bloomberg.com/news/newsletters/2023-08-17/crypto...
        
       | harkinian wrote:
       | Doesn't help how even a legitimate investing platform often won't
       | let you withdraw money immediately.
        
       | not2b wrote:
       | John Oliver did an excellent explainer about how pig butchering
       | works.
       | 
       | https://www.youtube.com/watch?v=pLPpl2ISKTg
       | 
       | (apologies if the YouTube link has geographic restrictions, don't
       | know if it does)
        
         | circa wrote:
         | Came to post this too. It was a great piece on it. I'm glad
         | more people are becoming aware of them. They're starting to get
         | out of control.
        
           | not2b wrote:
           | One thing I didn't understand before his piece was how often
           | the person who is trying to defraud you is being coerced to
           | do it, sometimes in slavery-like conditions.
        
       | projektfu wrote:
       | I had one of these working on me for a while, years ago. It took
       | me a while to catch on but then I also am not quick to send money
       | to someone. The scammer reached out from a public forum (language
       | learning app) and then traded WhatsApp numbers. At first I
       | thought it was just an eccentric person, but then I realized
       | their goal was to get me to "invest" with their "rich uncle".
       | 
       | At this point I hadn't heard about this specific scam, as most
       | scams are kind of low effort and quick to screen people for
       | susceptibility. This one surprised me in that they were very good
       | at acting like someone they claimed to be. Google Translate has
       | gotten to the point where people can carry on a conversation in
       | their own language and talk to someone in English without
       | sounding too odd.
       | 
       | Before I blocked the scammer I took a closer look at "her"
       | WhatsApp profile. She was a business account. Big red flag, I
       | wish I had noticed that before. Still, if no money changes hands
       | it's free entertainment? I also learned by paper trading on Forex
       | that I suck at it and shouldn't play that game.
       | 
       | Crypto scammers also sometimes try to play the long game, and I
       | think they are based in different countries from the pig
       | butchers. I met one through the same platform and saw through it
       | right away, but noticed that they were working as a pitchman for
       | another scammer.
        
       | ametrau wrote:
       | There's something missing from all these discussions. The country
       | where the caller is located.
        
       | thefourthchime wrote:
       | PJ Vagt (from Reply All) has a FANTASTIC episode about this. Give
       | it a listen, it's one of the most interesting podcasts I've heard
       | since the golden days of Reply All.
       | 
       | https://pjvogt.substack.com/p/whos-behind-these-scammy-text-...
        
         | FireInsight wrote:
         | Reply All is still my comfort podcast for short walks. Nothing
         | has yet reclaimed the throne of being my most listened from it.
         | Search Engine carries the torch somewhat, and is really good
         | for it's scope, wjch obviously differs from the scope of Reply
         | All.
        
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